Premier Financial Bancorp (PFBI) 10-K 22 Mar 21 2020 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2020	Mar. 06, 2021	Jun. 30, 2020
Cover page.
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2020
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity Registrant Name	PREMIER FINANCIAL BANCORP, INC.
Entity Incorporation, State or Country Code	KY
Entity File Number	000-20908
Entity Tax Identification Number	61-1206757
Entity Address, Address Line One	2883 Fifth Avenue
Entity Address, City or Town	Huntington
Entity Address, State or Province	WV
Entity Address, Postal Zip Code	25702
City Area Code	304
Local Phone Number	525-1600
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Small Business	true
Entity Public Float			$ 165,876,967
Entity Common Stock, Shares Outstanding		14,705,783
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Entity Central Index Key	0000887919
Document Annual Report	true
Title of 12(b) Security	Common Stock, no par value
Trading Symbol	PFBI
Security Exchange Name	NASDAQ

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
ASSETS
Cash and due from banks	$ 24,961	$ 23,091
Interest bearing bank balances	174,209	66,063
Federal funds sold	11,306	5,902
Cash and cash equivalents	210,476	95,056
Securities available for sale	421,190	390,754
Loans	1,214,378	1,195,295
Allowance for loan losses	(13,516)	(13,542)
Net loans	1,200,862	1,181,753
Federal Home Loan Bank stock, at cost	4,166	4,450
Premises and equipment, net	35,287	37,257
Other real estate owned, net	13,215	12,242
Interest receivable	5,991	4,699
Goodwill	47,640	47,640
Other intangible assets	4,424	5,376
Other assets	2,571	1,783
Total assets	1,945,822	1,781,010
Deposits
Non-interest bearing	487,675	367,870
Time deposits, $250,000 and over	63,602	100,638
Other interest bearing	1,082,463	1,027,245
Total deposits	1,633,740	1,495,753
Securities sold under agreements to repurchase	33,827	20,428
FHLB advances	0	6,375
Subordinated debt	5,475	5,436
Interest payable	360	912
Deferred taxes	2,803	811
Other liabilities	9,710	11,054
Total liabilities	1,685,915	1,540,769
Stockholders' equity
Common stock, no par value; 30,000,000 shares authorized; 14,674,379 shares issued and outstanding in 2020, and 14,657,432 shares issued and outstanding in 2019	134,110	133,795
Retained earnings	116,378	102,743
Accumulated other comprehensive income (loss)	9,419	3,703
Total stockholders' equity	259,907	240,241
Total liabilities and stockholders' equity	$ 1,945,822	$ 1,781,010

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2020	Dec. 31, 2019
Stockholders' equity
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	30,000,000	30,000,000
Common stock, shares issued (in shares)	14,674,379	14,657,432
Common stock, shares outstanding (in shares)	14,674,379	14,657,432

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Interest income
Loans, including fees	$ 65,134	$ 65,237	$ 56,856
Securities available for sale
Taxable	8,376	9,261	7,022
Tax-exempt	625	348	254
Federal funds sold and other	336	1,732	1,689
Total interest income	74,471	76,578	65,821
Interest expense
Deposits	6,391	9,009	5,444
Repurchase agreements and other	74	70	34
FHLB advances and other borrowings	64	229	237
Subordinated debt	284	369	352
Total interest expense	6,813	9,677	6,067
Net interest income	67,658	66,901	59,754
Provision for loan losses	3,450	1,250	2,315
Net interest income after provision for loan losses	64,208	65,651	57,439
Non-interest income
Service charges on deposit accounts	3,571	4,661	4,562
Electronic banking income	3,672	3,488	3,530
Secondary market mortgage income	413	214	180
Other	790	971	826
Total non-interest income	8,446	9,334	9,098
Non-interest expenses
Salaries and employee benefits	21,179	21,485	19,803
Occupancy and equipment expenses	6,827	6,909	6,294
Outside data processing	6,720	5,782	5,199
Professional fees	903	1,131	1,506
Taxes, other than payroll, property and income	1,233	973	888
Write-downs, expenses, sales of other real estate owned, net	1,053	1,550	244
Loan collection expenses	479	342	746
FDIC insurance	301	223	564
Amortization of intangibles	952	885	778
Other expenses	4,258	4,484	4,449
Total non-interest expenses	43,905	43,764	40,471
Income before income taxes	28,749	31,221	26,066
Provision for income taxes	6,311	7,025	5,898
Net income	$ 22,438	$ 24,196	$ 20,168
Earnings per share:
Basic (in dollars per share)	$ 1.53	$ 1.65	$ 1.48
Diluted (in dollars per share)	1.52	1.64	1.47
Dividends per share (in dollars per share)	$ 0.60	$ 0.60	$ 0.57

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]
Net income	$ 22,438	$ 24,196	$ 20,168
Other comprehensive income (loss):
Unrealized gains (losses) arising during the period	7,235	9,564	(2,252)
Reclassification of realized amount	0	0	0
Net change in unrealized gain (loss) on securities	7,235	9,564	(2,252)
Less tax impact	(1,519)	(2,009)	473
Other comprehensive income (loss)	5,716	7,555	(1,779)
Comprehensive income	$ 28,154	$ 31,751	$ 18,389

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Balance at Dec. 31, 2017	$ 110,445	$ 74,983	$ (2,073)	$ 183,355
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	0	20,168	0	20,168
Other comprehensive income (loss)	0	0	(1,779)	(1,779)
Cash dividends paid	0	(7,805)	0	(7,805)
Cash in lieu of fractional share for 5 for 4 stock split	0	(13)	0	(13)
Stock issued to acquire subsidiary, net	22,358	0	0	22,358
Stock options exercised	193	0	0	193
Stock based compensation expense	252	0	0	252
Balance at Dec. 31, 2018	133,248	87,333	(3,852)	216,729
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	0	24,196	0	24,196
Other comprehensive income (loss)	0	0	7,555	7,555
Cash dividends paid	0	(8,786)	0	(8,786)
Stock options exercised	246	0	0	246
Stock based compensation expense	301	0	0	301
Balance at Dec. 31, 2019	133,795	102,743	3,703	240,241
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	0	22,438	0	22,438
Other comprehensive income (loss)	0	0	5,716	5,716
Cash dividends paid	0	(8,803)	0	(8,803)
Stock options exercised	35	0	0	35
Stock based compensation expense	280	0	0	280
Balance at Dec. 31, 2020	$ 134,110	$ 116,378	$ 9,419	$ 259,907

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical)	12 Months Ended
	Dec. 31, 2020$ / shares	Dec. 31, 2019$ / shares	Dec. 31, 2018$ / shares
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY [Abstract]
Cash dividends paid (in dollars per share)	$ 0.60	$ 0.60	$ 0.57
Stock split ratio			1.25

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities
Net income	$ 22,438	$ 24,196	$ 20,168
Adjustments to reconcile net income to net cash from operating activities
Depreciation	2,065	2,046	1,722
Provision for loan losses	3,450	1,250	2,315
Amortization (accretion), net	2,459	7	1,295
Writedowns (gains) on other real estate owned, net	589	978	(450)
Stock compensation expense	280	301	252
Changes in:
Interest receivable	(1,292)	(59)	300
Deferred income taxes	472	512	33
Other assets	(788)	287	1,404
Interest payable	(552)	54	157
Other liabilities	(913)	(341)	(62)
Net cash from operating activities	28,208	29,231	27,134
Cash flows from investing activities
Net change on time deposits with other banks	0	1,094	1,488
Purchases of securities available for sale	(184,265)	(66,684)	(110,869)
Proceeds from maturities, sales and calls of securities available for sale	158,382	95,014	65,181
Purchase of FHLB stock	0	(10)	0
Redemption of FHLB stock	284	273	792
Acquisition of subsidiary, net of cash acquired (paid)	0	(4,863)	2,591
Net change in loans	(24,240)	(5,241)	13,431
Purchases of premises and equipment, net	(525)	(1,589)	(3,460)
Proceeds from sales of other real estate owned	1,416	2,348	7,778
Net cash from (used in) investing activities	(48,948)	20,342	(23,068)
Cash flows from financing activities
Net change in deposits	137,929	(20,118)	25,280
Net change in agreements to repurchase securities	13,399	(1,634)	(1,609)
Repayment of other borrowed funds	0	(2,500)	(2,500)
Repayment of other FHLB advances	(6,400)	(2,500)	(19,500)
Proceeds from stock option exercises	35	246	193
Cash in lieu of fractional shares	0	0	(13)
Common stock dividends paid	(8,803)	(8,786)	(7,805)
Net cash from (used in) financing activities	136,160	(35,292)	(5,954)
Net change in cash and cash equivalents	115,420	14,281	(1,888)
Cash and cash equivalents at beginning of year	95,056	80,775	82,663
Cash and cash equivalents at end of year	210,476	95,056	80,775
Cash paid during year for -
Interest	7,365	9,623	5,911
Income taxes paid, net	6,245	6,943	4,578
Non-cash transactions
Loans transferred to real estate acquired through foreclosure	2,978	1,509	1,386
Common stock issued to acquire First Bank	0	0	22,358
Operating right-of-use asset resulting from lease liability	$ (431)	$ 7,152	$ 0

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The consolidated financial statements include the accounts of Premier Financial Bancorp, Inc. (the “Company” or “Premier”) and its wholly-owned subsidiaries: Unaudited December 31, 2020 Subsidiary Location Year Acquired Total Assets Net Income Citizens Deposit Bank & Trust Vanceburg, Kentucky 1991 $ 588,492 $ 6,110 Premier Bank, Inc. Huntington, West Virginia 1998 1,350,164 18,396 Parent and Intercompany Eliminations 7,166 (2,068) Consolidated total $ 1,945,822 $ 22,438 All material intercompany transactions and balances have been eliminated. On June 8, 2018, Premier issued a 5 for 4 Nature of Operations Cash Flows Estimates in the Financial Statements Securities Securities available for sale might be sold before maturity and are carried at fair value. Adjustments from amortized cost to fair value are recorded in other comprehensive income, net of related income tax. Interest income includes amortization of purchase premium or discount computed using the level yield method. Gains or losses on dispositions are recorded on the trade date and are based on the net proceeds and adjusted carrying amount of the securities sold using the specific identification method. Securities are written down to fair value when a decline in fair value is not temporary. Management evaluates securities for other-than-temporary impairment (“OTTI”) at least on a quarterly basis, and more frequently when economic or market conditions warrant such an evaluation. Declines in the fair value of securities below their cost that are other-than-temporary are reflected as realized losses. In estimating other-than-temporary losses, management considers the length of time and extent that fair value has been less than cost and the financial condition and near term prospects of the issuer. Management also assesses whether it intends to sell, or it is more likely than not that it will be required to sell, a security in an unrealized loss position before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the entire difference between amortized cost and fair value is recognized as impairment through earnings. For debt securities that do not meet the aforementioned criteria, the amount of impairment is split into two components as follows: 1) OTTI related to credit loss, which must be recognized in the income statement and 2) OTTI related to other factors, which is recognized in other comprehensive income. The credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis. For equity securities, the entire amount of impairment is recognized through earnings. Loans Held for Sale Loans Interest income on mortgage and commercial loans is discontinued at the time the loan is 90 days delinquent unless the loan is well-secured and in process of collection. Consumer loans are typically charged off no later than 120 days past due. Past due status is based on the contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. Non-accrual loans and loans past due 90 days still on accrual include both smaller balance homogeneous loans that are collectively evaluated for impairment and individually classified impaired loans. A loan is moved to non-accrual status in accordance with the Company’s policy, typically after 90 days of non-payment. All interest accrued but not received for loans placed on non-accrual is reversed against interest income. Interest received on such loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Concentration of Credit Risk The Company’s success and recent growth in lending in the central West Virginia market area depend primarily on the local general economy which has been driven in the past by federal government programs to develop technology infrastructure and more recently by the drilling for natural gas in the recently discovered Marcellus and Utica shale formations. Furthermore, Premier’s success in the southern West Virginia market depends, in large part, on the local general economy which has been driven by significant employment by coal and other natural resource based businesses. While Premier’s direct credit risk exposure to such industries is minimal, the success or failure of these industries may have an indirect effect on the local economic conditions in the central and southern West Virginia market areas, either individually or collectively, thus having a significant impact on the credit risk of loans in this market area. Certain Purchased Loans: Such purchased loans are accounted for individually or may be aggregated into pools of loans based on common risk characteristics such as loan type. The Company estimates the amount and timing of expected cash flows for each purchased loan or pool, and the expected cash flows in excess of amount paid is recorded as interest income over the remaining life of the loan or pool (accretable yield). The excess of the loan’s or pool’s contractual principal and interest over expected cash flows is not recorded (nonaccretable difference). Over the life of the loan or pool, expected cash flows continue to be estimated. If the present value of expected cash flows is less than the carrying amount, a loss is recorded as an increase in the allowance for loan losses. If the present value of expected cash flows is greater than the carrying amount, it is recognized as part of future interest income. Allowance for Loan Losses During the first three months of 2018, management updated its policies regarding estimation of probable incurred losses. The updates included incorporating a common estimated loss ratio for all pass credits within a given loan classification, adding an additional qualitative factor for document exceptions on collectively impaired loans, and reallocating the qualitative portion of the allowance to align more closely to the inputs used to determine the qualitative portion. The previous methodology allocated a higher loss ratio to loans graded “Watch” to estimate a higher credit risk on these loans due to risk downgrades resulting from document exceptions. Loans graded “Watch” are considered pass credits. The changes did not have a material impact on the overall allowance for loan losses or the provision for loan losses for the year ended December 31, 2020 and 2019. A loan is impaired when full payment under the loan terms is not expected. Impairment is evaluated in total for smaller-balance loans of similar nature such as residential mortgage, consumer, and credit card loans, and accordingly, they are not separately identified for impairment disclosures. All other loans are evaluated for impairment on an individual basis. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. If a loan is impaired, a portion of the allowance is allocated so that the loan is reported, net, at the present value of estimated future cash flows using the loan’s existing rate or at the fair value of collateral if repayment is expected solely from the collateral. Loans with restructured terms offering a concession to enable a struggling borrower to repay (Troubled Debt Restructurings) are measured at the present value of estimated future cash flows using the loan’s effective rate at inception. If a troubled debt restructuring is considered to be a collateral dependent loan, the loan is reported, net, at the fair value of the collateral. For troubled debt restructurings that subsequently default, the Company determines the amount of reserve in accordance with the accounting policy for the allowance for loan losses. The general component of the allowance covers non-impaired loans and is based on historical loss experience adjusted for current factors. The historical loss experience is determined by portfolio segment and is based on the actual loss history experienced by the Company. This actual loss experience is supplemented with other economic factors based on the risks present for each portfolio segment. These economic factors include consideration of the following: levels of and trends in delinquencies and impaired loans; levels of and trends in charge-offs and recoveries; trends in volume and terms of loans; effects of any changes in risk selection and underwriting standards; other changes in lending policies, procedures, and practices; experience, ability, and depth of lending management and other relevant staff; national and local economic trends and conditions; industry conditions; and effects of changes in credit concentrations. An additional amount was added to the allowance to provide for an estimate of additional identified credit risk in the loan portfolio due to uncertainty related to future economic conditions resulting from government actions designed to curb the spread of COVID-19. The following portfolio segments have been identified as having differing risk characteristics: Loans secured by 1-4 family residential real estate: Loans secured by multifamily residential real estate: Loans secured by owner occupied non-farm non-residential real estate Loans secured by non-farm non-residential real estate Commercial and industrial loans not secured by real estate: Consumer loans: Construction, land, and land development loans All other loan types Transfers of Financial Assets Premises and Equipment Other Real Estate Owned Federal Home Loan Bank (“FHLB”) stock: Goodwill and Other Intangible Assets Other intangible assets consist of core deposit intangible assets arising from whole bank and branch acquisitions. They are initially measured at fair value and then are amortized on an accelerated method over their estimated useful lives of approximately 8 to 10 years. Repurchase Agreements Stock Based Compensation Income Taxes A tax position is recognized as a benefit only if it is more likely than not that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. The Company recognizes interest related to income tax matters as other interest expense and penalties related to income tax matters as other noninterest expense. Off Balance Sheet Financial Instruments Earnings Per Common Share Comprehensive Income Loss Contingencies Fair Value of Financial Instruments Operating Segments Reclassifications New Accounting Standards In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments—Credit Losses: Measurement of Credit Losses on Financial Instruments Premier has yet to adopt ASU No. 2016-13.

RESTRICTIONS ON CASH AND DUE FR

RESTRICTIONS ON CASH AND DUE FROM BANKS	12 Months Ended
	Dec. 31, 2020
RESTRICTIONS ON CASH AND DUE FROM BANKS [Abstract]
RESTRICTIONS ON CASH AND DUE FROM BANKS	NOTE 2 - RESTRICTIONS ON CASH AND DUE FROM BANKS Included in cash and due from banks are certain interest bearing and non-interest bearing deposits that are held at the Federal Reserve or maintained in vault cash in accordance with average balance requirements specified by the Federal Reserve Board of Governors. The balance requirement to be held in an account at the Federal Reserve was $0 at December 31, 2020 and 2019. The elimination of a balance requirement at December 31, 2020 and 2019 was the result of a reclassification of certain transaction based deposits to non-transaction based deposits as permitted under Federal Reserve Regulation D. The reserve requirements for non-transaction based deposits is significantly less than the reserve requirements for transaction based deposits.

SECURITIES

SECURITIES	12 Months Ended
	Dec. 31, 2020
SECURITIES [Abstract]
SECURITIES	NOTE 3 –SECURITIES Amortized cost and fair value of securities available for sale and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) were as follows: 2020 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Available for sale Mortgage-backed securities U. S. sponsored agency MBS - residential $ 318,315 $ 9,777 $ (292 ) $ 327,800 U. S. sponsored agency CMO’s - residential 29,264 812 - 30,076 Total mortgage-backed securities of government sponsored agencies 347,579 10,589 (292 ) 357,876 U. S. government sponsored agency securities 2,490 136 - 2,626 Obligations of states and political subdivisions 53,639 1,361 - 55,000 Other securities 5,559 129 - 5,688 Total securities available for sale $ 409,267 $ 12,215 $ (292 ) $ 421,190 2019 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Available for sale Mortgage-backed securities U. S. sponsored agency MBS - residential $ 276,013 $ 3,618 $ (322 ) $ 279,309 U. S. sponsored agency CMO’s - residential 61,989 768 (113 ) 62,644 Total mortgage-backed securities of government sponsored agencies 338,002 4,386 (435 ) 341,953 U. S. government sponsored agency securities 30,538 280 (88 ) 30,730 Obligations of states and political subdivisions 15,570 453 (6 ) 16,017 Other securities 1,956 98 - 2,054 Total securities available for sale $ 386,066 $ 5,217 $ (529 ) $ 390,754 Securities with an approximate carrying value of $254,303 and $255,699 at December 31, 2020 and 2019 were pledged to secure public deposits, trust funds, securities sold under agreements to repurchase and for other purposes as required or permitted by law. PREMIER FINANCIAL BANCORP, INC. The amortized cost and fair value of securities at December 31, 2020 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. Securities not due at a single maturity date, such as mortgage-backed securities, are shown separately. Amortized Cost Fair Value Available for sale Due in one year or less $ 19,121 $ 19,327 Due after one year through five years 14,894 15,341 Due after five years through ten years 20,284 20,767 Due after ten years 7,389 7,879 Mortgage-backed securities of government sponsored agencies 347,579 357,876 Total available for sale $ 409,267 $ 421,190 Securities with unrealized losses at year-end 2020 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 MBS – residential $ 58,207 $ (292 ) $ - $ - $ 58,207 $ (292 ) Total temporarily impaired $ 58,207 $ (292 ) $ - $ - $ 58,207 $ (292 ) Securities with unrealized losses at year-end 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 $ 10,851 $ (84 ) $ 3,957 $ (4 ) $ 14,808 $ (88 ) U.S government sponsored agency MBS – residential 50,945 (199 ) 12,930 (123 ) 63,875 (322 ) U.S government sponsored agency CMO’s – residential 4,376 (3 ) 8,815 (110 ) 13,191 (113 ) Obligations of states and political subdivisions 1,866 (6 ) - - 1,866 (6 ) Total temporarily impaired $ 68,038 $ (292 ) $ 25,702 $ (237 ) $ 93,740 $ (529 ) 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 December 31, 2020 and December 31, 2019 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	12 Months Ended
	Dec. 31, 2020
LOANS [Abstract]
LOANS	NOTE 4 - LOANS Major classifications of loans at year-end are summarized as follows: 2020 2019 Residential real estate $ 378,659 $ 389,985 Multifamily real estate 37,978 36,684 Commercial real estate: Owner occupied 164,706 164,218 Non-owner occupied 329,031 304,316 Commercial and industrial 90,062 105,079 SBA PPP 61,169 - Consumer 23,984 29,007 Construction and land 92,648 136,138 All other 36,141 29,868 Total $ 1,214,378 $ 1,195,295 The composition of the major classifications of the loans acquired from First National Bank of Jackson at October 25, 2019 are summarized as follows: 2019 Residential real estate $ 15,156 Multifamily real estate 2,220 Commercial real estate: Owner occupied 3,364 Non owner occupied 7,174 Commercial and industrial 4,133 Consumer 4,644 Construction and land 3,116 All other 1,825 Total $ 41,632 Certain directors and executive officers of the Banks and companies in which they have beneficial ownership, were loan customers of the Banks during 2020 and 2019. An analysis of the 2020 activity with respect to all director and executive officer loans is as follows: Balance, December 31, 2019 $ 13,990 Additions, including loans now meeting disclosure requirements 5,784 Amounts collected and loans no longer meeting disclosure requirements (3,527 ) Balance, December 31, 2020 $ 16,247 Activity in the Allowance for Loan Losses Activity in the allowance for loan losses by portfolio segment for the year ending December 31, 2020 was as follows: Loan Class Balance Dec 31, 2019 Provision (credit) for loan losses Loans charged-off Recoveries Balance Dec 31, 2020 Residential real estate $ 1,711 $ 592 $ (254 ) $ 22 $ 2,071 Multifamily real estate 1,954 413 (2,183 ) - 184 Commercial real estate: Owner occupied 2,441 992 (566 ) 7 2,874 Non-owner occupied 3,184 2,168 (226 ) 3 5,129 Commercial and industrial 1,767 (235 ) (47 ) 53 1,538 Consumer 281 82 (194 ) 57 226 Construction and land 1,724 (721 ) (114 ) 57 946 All other 480 159 (198 ) 107 548 Total $ 13,542 $ 3,450 $ (3,782 ) $ 306 $ 13,516 Activity in the allowance for loan losses by portfolio segment for the year ending December 31, 2019 was as follows: Loan Class Balance Dec 31, 2018 Provision (credit) for loan losses Loans charged-off Recoveries Balance Dec 31, 2019 Residential real estate $ 1,808 $ 73 $ (207 ) $ 37 $ 1,711 Multifamily real estate 1,649 298 - 7 1,954 Commercial real estate: Owner occupied 2,120 880 (565 ) 6 2,441 Non-owner occupied 3,058 178 (57 ) 5 3,184 Commercial and industrial 1,897 232 (418 ) 56 1,767 Consumer 351 81 (193 ) 42 281 Construction and land 2,255 (517 ) (14 ) - 1,724 All other 600 25 (262 ) 117 480 Total $ 13,738 $ 1,250 $ (1,716 ) $ 270 $ 13,542 Activity in the allowance for loan losses by portfolio segment for the year ending December 31, 2018 was as follows: Loan Class Balance Dec 31, 2017 Provision (credit) for loan losses Loans charged-off Recoveries Balance Dec 31, 2018 Residential real estate $ 2,986 $ (967 ) $ (247 ) $ 36 $ 1,808 Multifamily real estate 978 676 (11 ) 6 1,649 Commercial real estate: Owner occupied 1,653 491 (25 ) 1 2,120 Non-owner occupied 2,313 839 (98 ) 4 3,058 Commercial and industrial 1,101 1,298 (545 ) 43 1,897 Consumer 328 121 (156 ) 58 351 Construction and land 2,408 (533 ) (20 ) 400 2,255 All other 337 390 (266 ) 139 600 Total $ 12,104 $ 2,315 $ (1,368 ) $ 687 $ 13,738 Purchased 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 December 31, 2020 and December 31, 2019. 2020 2019 Residential real estate $ 2,092 $ 2,565 Commercial real estate Owner occupied 1,012 1,804 Non-owner occupied 2,357 2,628 Commercial and industrial 16 305 Consumer 9 22 Construction and land 368 483 All other 110 174 Total carrying amount $ 5,964 $ 7,981 Contractual principal balance $ 9,267 $ 11,681 Carrying amount, net of allowance $ 5,964 $ 7,981 For those purchased loans disclosed above, the Company did not increase the allowance for loan losses for the year ended December 31, 2020 and December 31, 2019. For those purchased loans discussed 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 the three years ended December 31, 2020. 2020 2019 2018 Balance at January 1 $ 619 $ 642 $ 754 New loans purchased - 318 139 Accretion of income (82 ) (180 ) (134 ) Loans placed on non-accrual - (82 ) (63 ) Income recognized upon full repayment (68 ) (79 ) (38 ) Reclassifications from non-accretable difference - - (16 ) Disposals (192 ) - - Balance at December 31 $ 277 $ 619 $ 642 As part of the acquisitions of First National Bank of Jackson on October 25, 2019 and First Bank of Charleston on October 12, 2018, the Company purchased credit impaired loans for which it was probable at acquisition that all contractually required payments would not be collected. The contractually required payments of such loans from First National Bank of Jackson totaled $1,704, while the cash flow expected to be collected at acquisition totaled $1,651 and the fair value of the acquired loans totaled $1,333. The contractually required payments of such loans from First Bank of Charleston totaled $9,876, while the cash flow expected to be collected at acquisition totaled $7,780 and the fair value of the acquired loans totaled $7,641. 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 December 31, 2020 and December 31, 2019. 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 or interest payments made by the borrower which have been used to reduce the recorded investment in the loan rather than recognized as interest income. December 31, 2020 Principal Owed on Non-accrual Loans Recorded Investment in Non-accrual Loans Loans Past Due Over 90 Days, still accruing Residential real estate $ 5,144 $ 3,955 $ 1,348 Commercial real estate Owner occupied 2,601 2,103 7 Non-owner occupied 3,305 2,230 975 Commercial and industrial 1,173 604 - Consumer 168 94 1 Construction and land 12 10 1 Total $ 12,403 $ 8,996 $ 2,332 December 31, 2019 Principal Owed on Non-accrual Loans Recorded Investment in Non-accrual Loans Loans Past Due Over 90 Days, still accruing Residential real estate $ 5,801 $ 4,618 $ 1,425 Multifamily real estate 4,113 3,726 - Commercial real estate Owner occupied 3,399 2,995 - Non-owner occupied 3,120 1,852 340 Commercial and industrial 1,026 420 451 Consumer 364 313 9 Construction and land 470 440 3 All other 75 73 - Total $ 18,368 $ 14,437 $ 2,228 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 December 31, 2020 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 $ 378,659 $ 3,978 $ 3,190 $ 7,168 $ 371,491 Multifamily real estate 37,978 32 - 32 37,946 Commercial real estate: Owner occupied 164,706 1,197 814 2,011 162,695 Non-owner occupied 329,031 987 2,196 3,183 325,848 Commercial and industrial 90,062 75 476 551 89,511 SBA PPP 61,169 - - - 61,169 Consumer 23,984 190 38 228 23,756 Construction and land 92,648 - 5 5 92,643 All other 36,141 23 - 23 36,118 Total $ 1,214,378 $ 6,482 $ 6,719 $ 13,201 $ 1,201,177 The following table presents the aging of the recorded investment in past due loans as of December 31, 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 $ 389,985 $ 9,479 $ 3,192 $ 12,671 $ 377,314 Multifamily real estate 36,684 - 3,726 3,726 32,958 Commercial real estate: Owner occupied 164,218 337 1,199 1,536 162,682 Non-owner occupied 304,316 838 1,017 1,855 302,461 Commercial and industrial 105,079 245 708 953 104,126 Consumer 29,007 309 230 539 28,468 Construction and land 136,138 3,856 4 3,860 132,278 All other 29,868 - 73 73 29,795 Total $ 1,195,295 $ 15,064 $ 10,149 $ 25,213 $ 1,170,082 The following tables 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, 2020 and December 31, 2019. December 31, 2020 Allowance for Loan Losses Loan Balances Loan Class Individually Evaluated for Impairment Collectively Evaluated for Impairment Acquired with Deteriorated Credit Quality Total Individually Evaluated for Impairment Collectively Evaluated for Impairment Acquired with Deteriorated Credit Quality Total Residential real estate $ - $ 2,071 $ - $ 2,071 $ 57 $ 376,510 $ 2,092 $ 378,659 Multifamily real estate - 184 - 184 - 37,978 - 37,978 Commercial real estate: Owner occupied 240 2,634 - 2,874 1,981 161,713 1,012 164,706 Non-owner occupied 385 4,744 - 5,129 1,843 324,831 2,357 329,031 Commercial and industrial 374 1,164 - 1,538 548 89,498 16 90,062 SBA PPP - - - - - 61,169 - 61,169 Consumer - 226 - 226 - 23,975 9 23,984 Construction and land - 946 - 946 - 92,280 368 92,648 All other - 548 - 548 - 36,031 110 36,141 Total $ 999 $ 12,517 $ - $ 13,516 $ 4,429 $ 1,203,985 $ 5,964 $ 1,214,378 December 31, 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 $ - $ 1,711 $ - $ 1,711 $ 63 $ 387,357 $ 2,565 $ 389,985 Multifamily real estate 1,737 217 - 1,954 3,726 32,958 - 36,684 Commercial real estate: Owner occupied 653 1,788 - 2,441 2,685 159,729 1,804 164,218 Non-owner occupied 271 2,913 - 3,184 3,830 297,858 2,628 304,316 Commercial and industrial 390 1,377 - 1,767 678 104,096 305 105,079 Consumer - 281 - 281 - 28,985 22 29,007 Construction and land 51 1,673 - 1,724 431 135,224 483 136,138 All other - 480 - 480 - 29,694 174 29,868 Total $ 3,102 $ 10,440 $ - $ 13,542 $ 11,413 $ 1,175,901 $ 7,981 $ 1,195,295 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 December 31, 2020. The table includes $689 of loans acquired with deteriorated credit quality that 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 $ 175 $ 57 $ - Commercial real estate Owner occupied 2,295 1,815 - Non-owner occupied 1,638 743 - Commercial and industrial 509 - - 4,617 2,615 - With an allowance recorded: Commercial real estate Owner occupied $ 506 $ 490 $ 240 Non-owner occupied 1,638 1,465 385 Commercial and industrial 581 548 374 2,725 2,503 999 Total $ 7,342 $ 5,118 $ 999 The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2019. The table includes $758 of loans acquired with deteriorated credit quality that 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 $ 188 $ 63 $ - Multifamily real estate 96 89 - Commercial real estate Owner occupied 2,201 1,842 - Non-owner occupied 2,512 1,732 - Commercial and industrial 509 - - 5,506 3,726 - With an allowance recorded: Multifamily real estate $ 4,017 $ 3,637 $ 1,737 Commercial real estate Owner occupied 1,189 1,162 653 Non-owner occupied 2,654 2,537 271 Commercial and industrial 689 678 390 Construction and land 460 431 51 9,009 8,445 3,102 Total $ 14,515 $ 12,171 $ 3,102 The following table presents by loan class, the average balance of loans individually evaluated for impairment and interest income recognized on these loans for the three years ended December 31, 2020. The table includes loans acquired with deteriorated credit quality that are still individually evaluated for impairment. Year ended Dec 31, 2020 Year ended Dec 31, 2019 Year ended Dec 31, 2018 Loan Class Average Recorded Investment Interest Income Recognized Cash Basis Interest Recognized Average Recorded Investment Interest Income Recognized Cash Basis Interest Recognized Average Recorded Investment Interest Income Recognized Cash Basis Interest Recognized Residential real estate $ 60 $ - $ - $ 186 $ - $ - $ 300 $ - $ - Multifamily real estate 2,246 - - 3,803 - - 2,534 11 11 Commercial real estate: Owner occupied 2,119 12 12 3,624 15 15 3,094 57 57 Non-owner occupied 3,526 75 75 8,062 712 712 9,226 412 412 Commercial and industrial 701 7 7 549 4 4 904 22 22 Construction and land 266 - - 814 123 123 3,977 24 15 All other - - - - - - 173 10 10 Total $ 8,918 $ 94 $ 94 $ 17,038 $ 854 $ 854 $ 20,208 $ 536 $ 527 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 December 31, 2020 and 2019: December 31, 2020 TDR’s on Non-accrual Other TDR’s Total TDR’s Residential real estate $ 19 $ 203 $ 222 Commercial real estate Owner occupied - 195 195 Non-owner occupied 856 - 856 Total $ 875 $ 398 $ 1,273 December 31, 2019 TDR’s on Non-accrual Other TDR’s Total TDR’s Residential real estate $ 32 $ 157 $ 189 Multifamily real estate 3,636 - 3,636 Commercial real estate Owner occupied 1,162 207 1,369 Non-owner occupied - 2,656 2,656 Commercial and industrial 191 - 191 Total $ 5,021 $ 3,020 $ 8,041 At December 31, 2020, $276 in specific reserves were allocated to loans that had restructured terms, resulting in a provision for loan losses of $96 for the year ended December 31, 2020. At December 31, 2019, $2,471 in specific reserves were allocated to loans that had restructured terms, resulting in a provision for loan losses of $929 for the year ended December 31, 2019. There were no commitments to lend additional amounts on these loans. There was one new TDR in residential real estate for $ During the years ended December 31, 2020 and 2019, there were no TDR’s for which there was 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. The Coronavirus Aid, Relief and Economic Security (“CARES”) Act was signed into law at the end of March 2020. Provisions of the CARES Act permit certain loan payment modifications by banks that would normally be considered TDR’s to be exempt from the TDR rules. To qualify under the CARES Act, a loan could not be past due at the time the payment modification was granted. The following table presents the status of the remaining loans as of December 31, 2020 with some degree of payment modification under the CARES Act. December 31, 2020 Modified to Interest Only Payment Modified to Defer Principal and Interest Payment Total Residential real estate $ 560 $ 338 $ 898 Multifamily real estate 667 - 667 Commercial real estate Owner occupied 10,567 396 10,963 Non-owner occupied 17,659 214 17,873 Commercial and industrial - 898 898 Consumer 7 19 26 Construction and land 2,472 3,849 6,321 Total $ 31,932 $ 5,714 $ 37,646 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 30 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 December 31, 2020, 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 $ 365,397 $ 3,093 $ 10,169 $ - $ 378,659 Multifamily real estate 35,412 2,566 - - 37,978 Commercial real estate: Owner occupied 155,707 4,686 4,313 - 164,706 Non-owner occupied 312,139 13,959 2,933 - 329,031 Commercial and industrial 84,948 3,747 1,367 - 90,062 SBA PPP 61,169 - - - 61,169 Consumer 23,837 5 142 - 23,984 Construction and land 88,587 3,833 228 - 92,648 All other 36,141 - - - 36,141 Total $ 1,163,337 $ 31,889 $ 19,152 $ - $ 1,214,378 As of December 31, 2020, there were no loans with payment deferrals under the CARES Act that were delinquent or on nonaccrual status. As of December 31, 2020, one non-owner occupied loan totaling $3.8 million was risk rated special mention and one residential real estate loan totaling $38 was risk rated substandard. The Company evaluates its deferred loans after a deferral period expires to determine if a further deferment should be granted and if a downgrade in risk rating is appropriate. Otherwise, loans are returned to their original payment terms. As of December 31, 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 $ 374,835 $ 3,477 $ 11,673 $ - $ 389,985 Multifamily real estate 28,103 4,855 3,726 - 36,684 Commercial real estate: Owner occupied 152,695 5,123 6,400 - 164,218 Non-owner occupied 290,096 8,617 5,603 - 304,316 Commercial and industrial 101,085 2,693 1,301 - 105,079 Consumer 28,618 5 384 - 29,007 Construction and land 123,473 11,868 797 - 136,138 All other 29,698 97 73 - 29,868 Total $ 1,128,603 $ 36,735 $ 29,957 $ - $ 1,195,295

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2020
PREMISES AND EQUIPMENT [Abstract]
PREMISES AND EQUIPMENT	NOTE 5 – PREMISES AND EQUIPMENT Year-end premises and equipment were as follows: 2020 2019 Land and improvements $ 7,455 $ 7,500 Buildings and leasehold improvements 26,577 26,777 Furniture and equipment 12,393 12,224 Assets purchased not yet placed in service 50 560 46,475 47,061 Less: accumulated depreciation (17,910 ) (16,956 ) Premises and equipment owned, net 28,565 30,105 Right of use asset related to operating leases (detailed below) 6,722 7,152 Premises and equipment owned, net $ 35,287 $ 37,257 Operating Leases two operating lease liabilities Total lease expense for the year ended December 31, 2020, which is included in net occupancy and equipment expense, was $1,363, consisting of $163 short-term lease expense and $1,200 of operating lease expense. Total lease expense for the year ended December 31, 2019, which is included in net occupancy and equipment expense, was $1,241, consisting of $103 short-term lease expense and $1,138 of operating lease expense. The following table summarizes the future minimum rental commitments under operating leases: 2021 $ 1,067 2022 1,050 2023 805 2024 680 2025 681 2026 and thereafter 2,813 Total undiscounted cash flows 7,096 Discounted cash flows (374 ) Total lease liability $ 6,722

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2020
GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	NOTE 6 – GOODWILL AND OTHER INTANGIBLE ASSETS The change in the balance for goodwill during the year is as follows: 2020 2019 2018 Beginning of year $ 47,640 $ 47,640 $ 35,371 Acquired goodwill - - 12,269 Impairment - - - End of year $ 47,640 $ 47,640 $ 47,640 Acquired intangible assets at December 31, 2020 and 2019 were as follows. 2020 2019 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Core deposit intangible $ 8,702 $ (4,278 ) $ 8,702 $ (3,326 ) Aggregate intangible amortization expense was $952 for 2020, $885 for 2019, and $778 for 2018. Estimated amortization expense for each of the next five years: 2021 $ 882 2022 686 2023 612 2024 606 2025 606 Thereafter 1,032 $ 4,424

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2020
DEPOSITS [Abstract]
DEPOSITS	NOTE 7 – DEPOSITS At December 31, 2020 the scheduled maturities of time deposits are as follows: 2021 $ 238,490 2022 47,809 2023 17,303 2024 11,471 2025 10,422 Thereafter 58 $ 325,553 Certain directors and executive officers of the Banks and companies in which they have beneficial ownership were deposit customers of the Banks during 2020 and 2019. The balance of such deposits at December 31, 2020 and 2019 were approximately $10,605 and $11,355.

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	12 Months Ended
	Dec. 31, 2020
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE [Abstract]
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	NOTE 8 – SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE Securities sold under agreements to repurchase generally mature within one 2020 2019 Year-end balance $ 33,827 $ 20,428 Average balance during the year $ 26,528 $ 21,704 Average interest rate during the year 0.26 % 0.32 % Maximum month-end balance during the year $ 33,827 $ 23,020 Weighted average interest rate at year-end 0.38 % 0.49 %

FEDERAL HOME LOAN BANK ADVANCES

FEDERAL HOME LOAN BANK ADVANCES	12 Months Ended
	Dec. 31, 2020
FEDERAL HOME LOAN BANK ADVANCES [Abstract]
FEDERAL HOME LOAN BANK ADVANCES	NOTE 9 – FEDERAL HOME LOAN BANK ADVANCES The Banks own stock of the Federal Home Loan Bank of Cincinnati, Ohio (FHLB-Cin), and Federal Home Loan Bank of Pittsburgh, Pennsylvania (FHLB-Pitt). This stock allows the Banks to borrow advances from the FHLB. At December 31, 2020 the total amount of borrowing permitted by the FHLB-Cin was $62,149 and the total amount of borrowing permitted by the FHLB-Pitt was $465,236. As part of the acquisition of First Bank, the Company assumed advances from FHLB-Pitt. During 2019, $2,500 matured and were paid off. The remaining $6,375 matured and were paid off in 2020. Reported interest expense on the advances includes the periodic accretion of the fair value adjustments and any prepayment penalties incurred. During 2020 and 2019, the Banks borrowed on a short-term basis and paid-off these FHLB advances as they matured. There were $6,375 of FHLB borrowings with original maturities greater than one-year, net of fair value adjustments, outstanding at December 31, 2019, which have interest rates ranging from 1.77% to 2.33% with an average rate of 2.08%. At December 31, 2020, all FHLB advances have been paid off.

SUBORDINATED DEBENTURES

SUBORDINATED DEBENTURES	12 Months Ended
	Dec. 31, 2020
SUBORDINATED DEBENTURES [Abstract]
SUBORDINATED DEBENTURES	NOTE 10 – SUBORDINATED DEBENTURES As part of the acquisition of Bankshares, the Company formally assumed $6,186 of junior subordinated debentures (“Debentures”) issued to FNB Capital Trust One (“Trust”), a statutory business trust formed by Bankshares on February 26, 2004. The Debentures were issued to Trust in exchange for ownership of all of the common equity of Trust and the proceeds of mandatorily redeemable securities sold by Trust to third party investors (“Capital Securities”). Interest on the Debentures is payable quarterly to the Trust at a variable interest rate equal to the three-month London Interbank Offered Rate (LIBOR) plus 2.95% updated quarterly. The interest rate on the Debentures was 3.159% at December 31, 2020 and 4.884% at December 31, 2019. The Company is not considered the primary beneficiary of this trust (variable interest entity), therefore Trust is not consolidated in the Company’s financial statements, but rather the Debentures are shown as a liability. The Debentures mature on April 24, 2034; however, the Company may redeem the Debentures, in whole or in part, at 100% of the principal amount plus any accrued and unpaid interest. The Debentures held by Trust are the sole asset of the trust. The Debentures held by Trust may be included in the Tier 1 capital of the Company (with certain limitations applicable) under current regulatory guidelines and interpretations. The carrying value of the Debentures includes the remaining unamortized fair value adjustment recorded as a result of the acquisition of Bankshares on January 15, 2016. Reported interest expense on the Debentures includes the periodic amortization of the fair value adjustment. The Company’s investment in the common stock of the Trust is $186 and is included in other assets at December 31, 2020 and 2019.

NOTES PAYABLE AND OTHER BORROWE

NOTES PAYABLE AND OTHER BORROWED FUNDS	12 Months Ended
	Dec. 31, 2020
NOTES PAYABLE AND OTHER BORROWED FUNDS [Abstract]
NOTES PAYABLE AND OTHER BORROWED FUNDS	NOTE 11 – NOTES PAYABLE AND OTHER BORROWED FUNDS On August 26, 2015, the Company executed and delivered to First Guaranty Bank of Hammond, Louisiana (“First Guaranty”) a Promissory Note and Business Loan Agreement dated August 26, 2015 for the principal amount of $12,000, bearing interest at a fixed rate of 4.00% per annum and requiring 59 monthly principal payments of $143 plus accrued interest and one final principal and interest payment of $3,575 due on August 26, 2020. Through a series of additional principal payments, the Company was able to fully retire the borrowing before the end of June 2019. The Promissory Note was secured by the pledge of 25% of Premier’s interest in Premier Bank, Inc. (a wholly owned subsidiary) under a Commercial Pledge Agreement dated August 26, 2015. The proceeds of this note were used to refinance a $4,500 balance plus accrued interest due under Premier’s previous Promissory Note to First Guaranty; pay off the remaining $5,400 balance plus accrued interest due to The Bankers’ Bank of Kentucky, Inc. of Frankfort, Kentucky (“Bankers’ Bank”) under a Term Note dated September 8, 2010; and pay the remaining $2,000 balance plus accrued interest due on Premier’s $5,000 Line of Credit with Bankers’ Bank. The sum of the disbursements totaled $11,946 and the final $54 on the Term Note was not borrowed. At the time of origination, Premier’s chairman owned approximately 23.8% of the voting stock of First Guaranty Bancshares, parent company for First Guaranty. However, Premier’s board of directors, the chairman abstaining, and audit committee determined prior to its vote to authorize the company to enter into the loan transaction that the terms of the financing, including the interest rate and collateral, were no less favorable than those which could be obtained from other financial institutions. The outstanding principal balance on the borrowing is $0 at December 31, 2020 and 2019. On June 28, 2019 the Company executed and delivered to First Guaranty a Change in Terms Agreement modifying its Promissory Note and Business Loan Agreement dated June 30, 2012 that established a Line of Credit with the bank extending the right to request and receive monies from First Guaranty on the line of credit until June 30, 2022. The Change in Terms Agreement increased the principal amount of $3,000 to $6,000, bearing interest floating daily at the “Wall Street Journal” prime rate (currently 3.25%), with a floor of 4.25%. Under the terms of the Promissory Note, the Company may request and receive advances from First Guaranty from time to time. Accrued interest on any amounts outstanding is payable monthly, and any amounts outstanding are payable on demand or at maturity. The Promissory Note is secured by the pledge of 25% of Premier’s interest in Premier Bank (a wholly owned subsidiary) under a Commercial Pledge Agreement modified on June 30, 2012. At December 31, 2020 and 2019, Premier had no outstanding balance on this line of credit with First Guaranty. On September 24, 2020 the Company executed and delivered to Bankers’ Bank a Line of Credit Renewal Agreement dated September 7, 2020 extending the right to request and receive monies from Bankers’ Bank on Premier’s existing line of credit until September 7, 2021. The line of credit renewal maintained the principal amount of $5,000, bearing interest floating daily at the “JP Morgan Chase” prime rate (currently 3.25%), with a floor of 4.00%. Under the terms of the original Promissory Note, Premier may request and receive advances from Bankers’ Bank from time to time, but the aggregate outstanding principal balance under the Promissory Note at any time shall not exceed $5,000. Accrued interest on amounts outstanding is payable quarterly, and any amounts outstanding are payable on demand or on September 7, 2021. The Promissory Note is secured by a pledge of Premier’s 100% interest in Citizens Deposit under a Stock Pledge and Security Agreement dated September 7, 2012. At December 31, 2020 and 2019, Premier had no outstanding balance on this line of credit with Bankers’ Bank.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2020
INCOME TAXES [Abstract]
INCOME TAXES	NOTE 12 – INCOME TAXES The components of the provision (benefit) for income taxes are as follows: 2020 2019 2018 Current $ 5,839 $ 6,476 $ 5,782 Deferred 472 563 120 Change in valuation allowance - (14 ) (4 ) Provision for income taxes $ 6,311 $ 7,025 $ 5,898 The Company’s deferred tax assets and liabilities at December 31 are shown below. 2020 2019 Deferred tax assets Allowance for loan losses $ 3,045 $ 2,969 Purchase accounting adjustments 296 605 Net operating loss carryforward 369 453 Alternative minimum tax credit carryforward - 3 Write-downs of other real estate owned 479 374 Taxable income on non-accrual loans 909 981 Accrued expenses 220 278 Other 13 16 Total deferred tax assets 5,331 5,679 Deferred tax liabilities Amortization of intangibles $ (3,097 ) $ (3,072 ) Depreciation (1,337 ) (1,320 ) Federal Home Loan Bank dividends (265 ) (267 ) Deferred loan fees (672 ) (588 ) Unrealized gain on investment securities (2,504 ) (984 ) Other (101 ) (101 ) Total deferred tax liabilities (7,976 ) (6,332 ) Valuation allowance on deferred tax assets (158 ) (158 ) Net deferred taxes $ (2,803 ) $ (811 ) At December 31, 2020 the Company had federal net operating loss carryforwards of $1,006, a federal alternative minimum tax credit carryforward of $0, and various state net operating loss carryforwards of $2,425 which begin to expire in 2022 A valuation allowance for deferred tax assets is recorded when it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of the deferred tax assets depends on the ability of the Company to generate sufficient taxable income of the appropriate character in the future and in the appropriate taxing jurisdictions. The Company considers the scheduled reversal of deferred tax liabilities, projected future taxable income, and tax planning strategies in making this assessment. At both December 31, 2020 and 2019, the Company maintained a valuation allowance of $158 against the portion of its District of Columbia net operating loss carryforward that is not expected to be utilized before expiration due to separate company limitations. All other deferred tax assets are more likely than not to be utilized; therefore, no additional valuation allowance is needed. An analysis of the differences between the effective tax rates and the statutory U.S. federal income tax rate is as follows: 2020 2019 2018 U.S. federal income tax rate $ 6,037 21.0 % $ 6,556 21.0 % $ 5,474 21.0 % Changes from the statutory rate State income taxes, net 566 2.0 693 2.2 518 2.0 Tax-exempt interest income (246 ) (0.9 ) (163 ) (0.5 ) (143 ) (0.5 ) Non-deductible interest expense related to carrying tax-exempt interest earning assets 16 0.1 15 - 11 - Non-deductible stock compensation expense, net 25 0.1 28 0.1 12 - Tax credits, net (96 ) (0.3 ) (134 ) (0.4 ) (71 ) (0.3 ) Change in valuation allowance - - 14 - 4 - Other 9 - 16 0.1 93 0.4 $ 6,311 22.0 % $ 7,025 22.5 % $ 5,898 22.6 % Unrecognized Tax Benefits: The Company and its subsidiaries file a consolidated U.S. Corporation income tax return and a combined return in the state of West Virginia and the District of Columbia. The Company also files a corporate income tax return in the state of Kentucky and Maryland. The Company is no longer subject to examination by taxing authorities for years before 2016

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
	Dec. 31, 2020
EMPLOYEE BENEFIT PLANS [Abstract]
EMPLOYEE BENEFIT PLANS	NOTE 13 – EMPLOYEE BENEFIT PLANS The Company has qualified profit sharing plans that cover substantially all employees. Contributions to the plans consist of a Company match and additional amounts at the discretion of the Company’s Board of Directors. Total contributions to the plans were $589, $587, and $557 in 2020, 2019, and 2018.

STOCK COMPENSATION EXPENSE

STOCK COMPENSATION EXPENSE	12 Months Ended
	Dec. 31, 2020
STOCK COMPENSATION EXPENSE [Abstract]
STOCK COMPENSATION EXPENSE	NOTE 14 – 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. In 2012, the Company registered 687,500 shares of its common stock to be reserved for stock-based incentive programs over the subsequent 10 years (“the 2012 Long-term Incentive Plan”). On March 18, 2020, 74,025 incentive stock options were granted out of the 2012 Long Term Incentive Plan at an exercise price of $8.50, the closing market price of Premier’s common stock on the grant date. These options vest in three three three The fair value of the Company’s employee stock options granted is estimated at the date of grant using the Black-Scholes option-pricing model. This model requires the input of highly subjective assumptions, changes to which can materially affect the fair value estimate. Additionally, there may be other factors that would otherwise have a significant effect on the value of employee stock options granted but are not considered by the model. The assumptions used in the Black-Scholes option-pricing model are as follows 2020 2019 2018 Risk-free interest rate 0.79 % 2.34 % 2.69 % Expected option life (yrs) 5.11 5.48 5.37 Expected stock price volatility 25.45 % 28.45 % 22.47 % Dividend yield 7.06 % 3.85 % 3.17 % Weighted average fair value of options granted during the year $ 0.71 $ 2.91 $ 2.49 The risk-free interest rate for the expected term of the option is based on the U.S. Treasury yield in effect at the time of the grant. The expected option life for the 2020, 2019, and 2018 grants were estimated based upon the weighted-average life of options exercised since January 1, 2012. The expected stock price volatility is based on historical volatilities of the Company’s common stock during the three-year period prior to the grant date. The dividend yield was estimated by annualizing the current quarterly dividend on the Company’s common stock at the time of the option grant. On June 9, 2020, 11,000 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 $14.54 per share based upon the closing price of Premier’s stock on the date of grant and $160 of stock-based compensation was recorded as a result. 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 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 of stock-based compensation was recorded as a result. Compensation expense of $280, $301, and $252 was recorded for the years ended December 31, 2020, 2019, and 2018, respectively. Stock-based compensation expense is recognized ratably over the requisite service period for all awards. Unrecognized stock-based compensation expense related to stock options totaled $62 at December 31, 2020. This unrecognized expense is expected to be recognized over the next 26 months based on the vesting periods of the options. During the year ending December 31, 2020, 6,187 options were exercised while 26,979 options were exercised during the year ending December 31, 2019 and 28,151 options were exercised during the year ending December 31, 2018. A summary of the Company’s stock option activity is as follows: 2020 2019 2018 Options Weighted Average Exercise Price Options Weighted Average Exercise Price Options Weighted Average Exercise Price Outstanding at beginning of year 332,641 $ 12.54 298,383 $ 11.66 262,811 $ 10.63 Grants 74,025 8.50 72,075 15.57 67,875 15.12 Exercises (6,187 ) 6.16 (26,979 ) 10.13 (28,151 ) 10.12 Forfeitures or expired (1 ) 6.47 (10,838 ) 14.21 (4,152 ) 13.91 Outstanding at year-end 400,478 $ 11.90 332,641 $ 12.54 298,383 $ 11.66 Exercisable at year-end 257,535 $ 11.92 200,123 $ 10.67 172,577 $ 9.55 Weighted average remaining life 5.0 5.0 5.2 Options outstanding at year-end are expected to fully vest. Additional information regarding stock options outstanding and exercisable at December 31, 2020 is provided in the following table: Outstanding Currently Exercisable Range of Exercise Prices Number Weighted Average Exercise Price Aggregate Intrinsic Value Number Weighted Average Remaining Contractual Life Weighted Average Exercise Price Aggregate Intrinsic Value $ 4.00 to $6.00 30,901 $ 5.29 $ 248 30,901 0.82 $ 5.29 $ 247 $ 8.01 to $10.00 89,740 8.46 433 15,715 2.22 8.28 79 $ 10.01 to $12.00 96,595 10.70 250 96,595 4.33 10.70 250 $ 14.01 to $16.00 183,242 15.32 - 114,323 6.98 15.25 - Outstanding at Dec 31, 2020 400,478 11.90 $ 931 257,534 4.96 11.92 $ 576

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2020
RELATED PARTY TRANSACTIONS [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 15 – RELATED PARTY TRANSACTIONS During 2020, 2019, and 2018, the Company paid approximately $752, $752, and $742 for printing, supplies, statement rendering, furniture, and equipment to a company more than 50% of which is beneficially owned by the Company’s Chairman of the Board and whose board of directors includes two members of the Company’s Board of Directors. During 2020, 2019, and 2018, the Company paid approximately $52, $52, and $52 to lease its headquarters facility at 2883 Fifth Avenue, Huntington, West Virginia from River City Properties, LLC, an entity the majority interest of which is owned by the Company’s Chairman of the Board.

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2020
EARNINGS PER SHARE [Abstract]
EARNINGS PER SHARE	NOTE 16 – 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 2020, 2019, and 2018 is presented below: 2020 2019 2018 Basic earnings per share: Income available to common stockholders $ 22,438 $ 24,196 $ 20,168 Weighted average common shares outstanding 14,667,756 14,639,775 13,634,439 Earnings per share $ 1.53 $ 1.65 $ 1.48 Diluted earnings per share: Income available to common stockholders $ 22,438 $ 24,196 $ 20,168 Weighted average common shares outstanding 14,667,756 14,639,775 13,634,439 Add dilutive effects of potential additional common stock 64,033 83,367 102,179 Weighted average common and dilutive potential Common shares outstanding 14,731,789 14,723,142 13,736,618 Earnings per share assuming dilution $ 1.52 $ 1.64 $ 1.47 There were 183,242 stock options considered antidilutive for 2020 and no stock options considered antidilutive for 2019 and 2018.

FAIR VALUE

FAIR VALUE	12 Months Ended
	Dec. 31, 2020
FAIR VALUE [Abstract]
FAIR VALUE	NOTE 17 – 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 values: 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 carrying amounts and estimated fair values of financial instruments at December 31, 2020 were as follows: Fair Value Measurements at December 31, 2020 Using Carrying Amount Level 1 Level 2 Level 3 Total Financial assets Cash and due from banks $ 199,170 $ 198,820 $ 350 $ - $ 199,170 Federal funds sold 11,306 11,306 - - 11,306 Securities available for sale 421,190 - 421,190 - 421,190 Loans, net 1,200,862 - - 1,209,579 1,209,579 Federal Home Loan Bank stock 4,166 n/a n/a n/a n/a Interest receivable 5,991 - 1,301 4,690 5,991 Financial liabilities Deposits $ 1,633,740 $ 1,308,188 $ 327,448 $ - $ 1,635,636 Securities sold under agreements to repurchase 33,827 - 33,827 - 33,827 Subordinated debt 5,475 - 5,366 - 5,366 Interest payable 360 4 356 - 360 The carrying amounts and estimated fair values of financial instruments at December 31, 2019 were as follows: Fair Value Measurements at December 31, 2019 Using Carrying Amount Level 1 Level 2 Level 3 Total Financial assets Cash and due from banks $ 89,154 $ 88,556 $ 599 $ - $ 88,556 Federal funds sold 5,902 5,902 - - 5,902 Securities available for sale 390,754 - 390,754 - 390,754 Loans, net 1,181,753 - - 1,172,575 1,172,575 Federal Home Loan Bank stock 4,450 n/a n/a n/a n/a Interest receivable 4,699 4 1,110 3,585 4,699 Financial liabilities Deposits $ 1,495,753 $ 1,070,610 $ 424,886 $ - $ 1,495,496 Securities sold under agreements to repurchase 20,428 - 20,428 - 20,428 FHLB advances 6,375 - 6,406 - 6,406 Subordinated debt 5,436 - 5,527 - 5,527 Interest payable 912 15 897 - 912 Assets and Liabilities Measured on a 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 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). Assets and liabilities measured at fair value on a recurring basis at December 31, 2020 are summarized below: Fair Value Measurements at December 31, 2020 Using: Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Securities available for sale Mortgage-backed securities U. S. agency MBS - residential $ 327,800 $ - $ 327,800 $ - U. S. agency CMO’s 30,076 - 30,076 - Total mortgage-backed securities of government sponsored agencies 357,876 - 357,876 - U. S. government sponsored agency securities 2,626 - 2,626 - Obligations of states and political subdivisions 55,000 - 55,000 - Other securities 5,688 - 5,688 - Total securities available for sale $ 421,190 $ - $ 421,190 $ - Assets and liabilities measured at fair value on a recurring basis at December 31, 2019 are summarized below: Fair Value Measurements at December 31, 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) Securities available for sale Mortgage-backed securities U. S. agency MBS - residential $ 279,309 $ - $ 279,309 $ - U. S. agency CMO’s 62,644 - 62,644 - Total mortgage-backed securities of government sponsored agencies 341,953 - 341,953 - U. S. government sponsored agency securities 30,730 - 30,730 - Obligations of states and political subdivisions 16,017 - 16,017 - Other securities 2,054 - 2,054 - Total securities available for sale $ 390,754 $ - $ 390,754 $ - 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: The fair value of impaired loans with specific allocations of the allowance for loan losses is generally based on recent collateral appraisals. Real estate appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are typically significant and unique to each property and result in a Level 3 classification of the inputs for determining fair value. Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements, or aging reports. Management periodically evaluates the appraised collateral values and will discount the collateral’s appraised value to account for a number of factors including but not limited to the cost of liquidating the collateral, the age of the appraisal, observable deterioration since the appraisal, management’s expertise and knowledge of the client and client’s business, or other factors unique to the collateral. To the extent an adjusted collateral value is lower than the carrying value of an impaired loan, a specific allocation of the allowance for loan losses is assigned to the loan. Other real estate owned (OREO): The fair value of OREO is based on appraisals less cost to sell at the date of foreclosure. Management may obtain additional updated appraisals depending on the length of time since foreclosure. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are typically significant and result in a Level 3 classification of the inputs for determining fair value. Management periodically evaluates the appraised values and will discount a property’s appraised value to account for a number of factors including but not limited to the cost of liquidating the collateral, the age of the appraisal, observable deterioration since the appraisal, or other factors unique to the property. To the extent an adjusted appraised value is lower than the carrying value of an OREO property, a direct charge to earnings is recorded as an OREO write-down. Assets and liabilities measured at fair value on a non-recurring basis at December 31, 2020 are summarized below: Fair Value Measurements at December 31, 2020 Using Dec 31, 2020 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Impaired loans: Commercial real estate Owner occupied $ 250 $ - $ - $ 250 Non-owner occupied 1,080 - - 1,080 Commercial and industrial 174 - - 174 Total impaired loans $ 1,504 $ - $ - $ 1,504 Other real estate owned: Residential real estate $ 206 $ - $ - $ 206 Multifamily real estate 10,838 - - 10,838 Commercial real estate Owner occupied 829 - - 829 Construction and land 400 - - 400 Total OREO $ 12,273 $ - $ - $ 12,273 Impaired loans, which are measured for impairment using the value of the collateral for collateral dependent loans, had a recorded investment of $2,503 at December 31, 2020 with a valuation allowance of $999 resulting in a provision for loan losses of $837 for the year ended December 31, 2020. Other real estate owned measured at fair value less costs to sell, had a net carrying amount of $12,273, which is made up of the outstanding balance of $14,320, net of a valuation allowance of $2,047 at December 31, 2020, resulting in write downs of $677 during the year ended December 31, 2020. The significant unobservable inputs related to assets and liabilities measured at fair value on a non-recurring basis at December 31, 2020 are summarized below: December 31, 2020 Valuation Techniques Unobservable Inputs Range (Weighted Avg) Impaired loans: Commercial real estate Owner occupied $ 250 sales comparison adjustment for estimated realizable value 74%-74% (74%) Non-owner occupied 1,080 income approach adjustment for differences in net operating income expectations 15%-37% (25%) Commercial and industrial 174 sales comparison adjustment for estimated realizable value 50%-85% (62%) Total impaired loans $ 1,504 Other real estate owned: Residential real estate $ 206 sales comparison adjustment for estimated realizable value 0.2%-59.8% (18.1%) Multifamily real estate 10,838 income approach adjustment for differences in net operating income expectations 42.0%-70.4% (45.5%) Commercial real estate Owner occupied 829 sales comparison adjustment for estimated realizable value 22.1%-26.8% (25.2%) Construction and land 400 sales comparison adjustment for estimated realizable value 50.3%-98.6% (80.5%) Total OREO $ 12,273 Assets and liabilities measured at fair value on a non-recurring basis at December 31, 2019 are summarized below: Fair Value Measurements at December 31, 2019 Using Dec 31, 2019 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Impaired loans: Multifamily real estate $ 1,900 $ - $ - $ 1,900 Commercial real estate Owner occupied 509 - - 509 Non-owner occupied 2,266 - - 2,266 Commercial and industrial 288 - - 288 Construction and land 380 - - 380 Total impaired loans $ 5,343 $ - $ - $ 5,343 Other real estate owned: Residential real estate $ 249 $ - $ - $ 249 Multifamily real estate 9,588 - - 9,588 Commercial real estate Owner occupied 288 - - 288 Construction and land 750 - - 750 Total OREO $ 10,875 $ - $ - $ 10,875 Impaired loans, which are measured for impairment using the value of the collateral for collateral dependent loans, had a recorded investment of $8,445 at December 31, 2019 with a valuation allowance of $3,102 resulting in a provision for loan losses of $953 for the year ended December 31, 2019. Other real estate owned measured at fair value less costs to sell, had a net carrying amount of $10,875, which is made up of the outstanding balance of $12,474, net of a valuation allowance of $1,599 at December 31, 2019, resulting in write downs of $1,169 during the year ended December 31, 2019. The significant unobservable inputs related to assets and liabilities measured at fair value on a non-recurring basis at December 31, 2019 are summarized below: December 31, 2019 Valuation Techniques Unobservable Inputs Range (Weighted Avg) Impaired loans: Multifamily real estate $ 1,900 sales comparison adjustment for estimated realizable value 58.9%-58.9% (58.9%) Commercial real estate Owner occupied 509 sales comparison adjustment for estimated realizable value 76.1%-76.1% (76.1%) Non-owner occupied 2,266 income approach adjustment for differences in net operating income expectations 36.6%-67.4% (60.6%) Commercial and industrial 288 sales comparison adjustment for estimated realizable value 25.0%-87.0% (43.6%) Construction and land 380 sales comparison adjustment for estimated realizable value 56.5%-56.5% (56.5%) Total impaired loans $ 5,343 Other real estate owned: Residential real estate $ 249 sales comparison adjustment for estimated realizable value 0.2%-59.8% (17.5%) Multifamily real estate 9,588 income approach adjustment for differences in net operating income expectations 25.6%-25.6% (25.6%) Commercial real estate Owner occupied 288 sales comparison adjustment for estimated realizable value 14.6%-70.4% (34.0%) Construction and land 750 sales comparison adjustment for estimated realizable value 50.3%-69.9% (66.0%) Total OREO $ 10,875

FINANCIAL INSTRUMENTS WITH OFF-

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	12 Months Ended
	Dec. 31, 2020
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK [Abstract]
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	NOTE 18 - FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK The Banks are parties to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of their customers. These financial instruments include standby letters of credit and commitments to extend credit in the form of unused lines of credit. The Banks use the same credit policies in making commitments and conditional obligations as they do for on-balance sheet instruments. In addition, the Banks offer a service whereby deposit customers, for a fee, are permitted to overdraw their accounts up to a certain de minimis amount, also known as “courtesy overdraft protection”. The aggregate unused portion of “overdraft protection” was $23,373 and $23,165 at December 31, 2020 and 2019. At December 31, 2020 and 2019, the Banks had the following financial instruments whose approximate contract amounts represent credit risk: 2020 2019 Standby letters of credit $ 1,603 $ 2,419 Commitments to extend credit Fixed interest rate $ 17,510 $ 25,591 Variable interest rate 132,174 120,185 Standby letters of credit represent conditional commitments issued by the Banks to guarantee the performance of a third party. The credit risk involved in issuing these letters of credit is essentially the same as the risk involved in extending loans to customers. Collateral held varies but primarily includes real estate and certificates of deposit. Some letters of credit are unsecured. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Outstanding commitments are at current market rates. Fixed rate loan commitments have interest rates ranging from 2.15% to 21.00%. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. The Banks evaluate each customer’s creditworthiness on a case-by-case basis. Since some of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. Collateral held varies but may include accounts receivable, inventory, property and equipment, and income producing properties.

LEGAL PROCEEDINGS

LEGAL PROCEEDINGS	12 Months Ended
	Dec. 31, 2020
LEGAL PROCEEDINGS [Abstract]
LEGAL PROCEEDINGS	NOTE 19 - LEGAL PROCEEDINGS Legal proceedings involving the Company and its subsidiaries periodically arise in the ordinary course of business, including claims by debtors and their related interests against the Company’s subsidiaries following initial collection proceedings. These legal proceedings sometimes can involve claims for substantial damages. At December 31, 2020 management is unaware of any legal proceedings for which the expected outcome would have a material adverse effect upon the consolidated financial statements of the Company.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Dec. 31, 2020
STOCKHOLDERS' EQUITY [Abstract]
STOCKHOLDERS' EQUITY	NOTE 20 - STOCKHOLDERS’ EQUITY 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 capital requirements and additional restrictions as discussed below. During 2020 the Banks could, without prior approval, declare dividends to the Company of approximately $12.3 million plus any 2020 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. In 2020, the Company elected to adopt the regulatory capital simplification rules permitting bank holding companies of Premier’s size to utilize one measure of regulatory capital, the Community Bank Leverage Ratio ("CBLR"), to determine regulatory capital adequacy. The community bank leverage ratio requires a higher amount of Tier 1 capital to average assets than the standard leverage ratio to be considered well capitalized. However, meeting this higher standard eliminates the need to compute and monitor the Tier 1 risk-based capital ratio, the Common Equity Tier 1 risk-based capital ratio and the total risk-based capital ratio as well as maintain the 2.50% regulatory capital buffer necessary to avoid limitations on equity distributions and discretionary bonus payments. Other criteria required to be able to utilize the CBLR as the sole measure of capital adequacy include 1.) total assets less than $10.0 billion, 2.) trading assets and liabilities equal to less than 5.0% of total assets and 3.) off-balance sheet exposures, such as the unused portion of conditionally cancellable lines of credit, equal to less than 25% of total assets. Premier and its subsidiary banks meet all three of these criteria and have elected to utilize the CBLR as their measure of regulatory capital adequacy. Under interim guidance issued in June 2020, a community bank leverage ratio of Total Tier 1 capital to quarterly average assets must be at least 8.00% to be considered well capitalized in 2020, at least 8.50% in year 2021, and at least 9.00% in year 2022. The Company’s and the subsidiary Banks’ capital amounts and ratios as of December 31, 2020 are presented in the table below. To Be Well Capitalized Under Prompt Corrective Actual Action Provisions 2020 Amount Ratio Amount Ratio Tier I Capital (to average assets): Consolidated (1) $ 207,774 11.25 % $ 147,798 8.00 % Premier Bank, Inc. 136,787 10.71 102,177 8.00 Citizens Deposit Bank 47,470 8.36 45,434 8.00 (1) An additional capital conservation buffer is now part of 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 requirement is 2.50% of risk weighted assets over and above the regulatory minimum capital ratios for Tier 1 Capital to risk weighted assets, Total Capital to risk weighted assets and Common Equity Tier 1 Capital (CET1) 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 repurchase of common shares by the Company. At December 31, 2019, the capital ratios of the Affiliate Banks and the Company exceeded the new minimum capital ratios plus the fully phased-in 2.50% capital buffer requiring a CET1 Capital to risk-weighted assets ratio of at least 7.00%, a Tier 1 Capital to risk-weighted assets ratio of at least 8.50% and a Total Capital to risk-weighted assets ratio of at least 10.50%. The Company’s capital conservation buffer was 8.46% at December 31, 2019. The Company’s and the subsidiary Banks’ capital amounts and ratios as of December 31, 2019 are presented in the table below. For Capital Adequacy Purposes Including 2.50% Capital To Be Well Capitalized Under Prompt Corrective Action Provisions Including 2.50% Capital Actual Conservation Buffer Conservation Buffer 2019 Amount Ratio Amount Ratio Amount Ratio Total Capital (to risk-weighted assets): Consolidated (1) $ 206,275 16.46 % $ 131,615 10.50 % $ 156,684 12.50 % Premier Bank, Inc. 144,793 15.80 96,248 10.50 114,581 12.50 Citizens Deposit Bank 47,466 14.08 35,387 10.50 42,128 12.50 Tier I Capital (to risk-weighted assets): Consolidated (1) $ 192,733 15.38 % $ 106,545 8.50 % $ 131,615 10.50 % Premier Bank, Inc. 133,609 14.58 77,915 8.50 96,248 10.50 Citizens Deposit Bank 45,108 13.38 28,647 8.50 35,387 10.50 Common Equity Tier I Capital (to risk-weighted assets): Consolidated (1) $ 186,733 14.90 % $ 87,743 7.00 % $ 112,812 9.00 % Premier Bank, Inc. 133,609 14.58 64,166 7.00 82,499 9.00 Citizens Deposit Bank 45,108 13.38 23,592 7.00 30,332 9.00 Tier I Capital (to average assets): Consolidated (1) $ 192,733 11.27 % $ 68,422 4.00 % $ 85,528 5.00 % Premier Bank, Inc. 133,609 11.31 47,240 4.00 59,051 5.00 Citizens Deposit Bank 45,108 8.54 21,128 4.00 26,410 5.00 (1) As of December 31, 2020 and 2019, the most recent notification from each of the Banks’ primary Federal regulators categorized the subsidiary Banks as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Banks must maintain minimum Total risk-based, Tier 1 risk-based, Tier 1 leverage and Common Equity Tier 1 risk-based ratios as set forth in the tables above or a minimum CBLR of 8.00% in 2020. There are no conditions or events since that notification that management believes have changed the Banks’ categories.

PARENT COMPANY FINANCIAL STATEM

PARENT COMPANY FINANCIAL STATEMENTS	12 Months Ended
	Dec. 31, 2020
PARENT COMPANY FINANCIAL STATEMENTS [Abstract]
PARENT COMPANY FINANCIAL STATEMENTS	NOTE 21 - PARENT COMPANY FINANCIAL STATEMENTS Condensed Balance Sheets December 31 2020 2019 ASSETS Cash $ 22,654 $ 13,184 Investment in subsidiaries 242,999 232,509 Premises and equipment 619 622 Other assets 325 754 Total assets $ 266,597 $ 247,069 LIABILITIES AND STOCKHOLDERS’ EQUITY Other liabilities $ 1,215 $ 1,392 Subordinated debt 5,475 5,436 Total liabilities 6,690 6,828 Stockholders’ equity Common stock 134,110 133,795 Retained earnings 116,378 102,743 Accumulated other comprehensive income (loss) 9,419 3,703 Total stockholders’ equity 259,907 240,241 Total liabilities and stockholders’ equity $ 266,597 $ 247,069 Condensed Statement of Operations Years Ended December 31 2020 2019 2018 Income Dividends from subsidiaries $ 19,700 $ 19,050 $ 18,740 Interest and dividend income 10 7 7 Other income 2,557 2,277 2,163 Total income 22,267 21,334 20,910 Expenses Interest expense on other borrowings - 30 156 Interest expense on subordinated debt 284 369 352 Salaries and employee benefits 3,577 3,582 3,252 Occupancy and equipment expenses 448 438 394 Professional fees 309 443 689 Other expenses 637 591 659 Total expenses 5,255 5,453 5,502 Income before income taxes and equity in undistributed income of subsidiaries 17,012 15,881 15,408 Income tax (benefit) (652 ) (699 ) (723 ) Income before equity in undistributed income of subsidiaries 17,664 16,580 16,131 Equity in undistributed income of subsidiaries 4,774 7,616 4,037 Net income $ 22,438 $ 24,196 $ 20,168 Condensed Statement of Cash Flows Years Ended December 31 2020 2019 2018 Cash flows from operating activities Net income $ 22,438 $ 24,196 $ 20,168 Adjustments to reconcile net income to net cash from operating activities Depreciation 78 78 93 Amortization 39 30 30 Stock compensation expense 280 301 252 Equity in undistributed earnings of subsidiaries (4,774 ) (7,616 ) (4,037 ) Change in other assets 429 (24 ) (181 ) Change in other liabilities (147 ) 13 (43 ) Net cash from operating activities 18,343 16,978 16,282 Cash flows from investing activities Repayment of investments in nonbank subsidiaries - 50 - Investments in subsidiaries - (1,500 ) - Acquisition of subsidiary, net of cash received - - (5,212 ) Purchases of fixed assets, net of proceeds from asset sales (105 ) (63 ) (80 ) Net cash from investing activities (105 ) (1,513 ) (5,292 ) Cash flows from financing activities Cash dividends paid to shareholders (8,803 ) (8,786 ) (7,805 ) Cash in lieu of fractional shares - - (13 ) Proceeds from stock option exercises 35 246 193 Payments on other borrowed funds - (2,500 ) (2,500 ) Net cash from financing activities (8,768 ) (11,040 ) (10,125 ) Net change in cash and cash equivalents 9,470 4,425 865 Cash and cash equivalents at beginning of year 13,184 8,759 7,894 Cash and cash equivalents at end of year $ 22,654 $ 13,184 $ 8,759

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Nature of Operations	Nature of Operations
Cash Flows	Cash Flows
Estimates in the Financial Statements	Estimates in the Financial Statements
Securities	Securities Securities available for sale might be sold before maturity and are carried at fair value. Adjustments from amortized cost to fair value are recorded in other comprehensive income, net of related income tax. Interest income includes amortization of purchase premium or discount computed using the level yield method. Gains or losses on dispositions are recorded on the trade date and are based on the net proceeds and adjusted carrying amount of the securities sold using the specific identification method. Securities are written down to fair value when a decline in fair value is not temporary. Management evaluates securities for other-than-temporary impairment (“OTTI”) at least on a quarterly basis, and more frequently when economic or market conditions warrant such an evaluation. Declines in the fair value of securities below their cost that are other-than-temporary are reflected as realized losses. In estimating other-than-temporary losses, management considers the length of time and extent that fair value has been less than cost and the financial condition and near term prospects of the issuer. Management also assesses whether it intends to sell, or it is more likely than not that it will be required to sell, a security in an unrealized loss position before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the entire difference between amortized cost and fair value is recognized as impairment through earnings. For debt securities that do not meet the aforementioned criteria, the amount of impairment is split into two components as follows: 1) OTTI related to credit loss, which must be recognized in the income statement and 2) OTTI related to other factors, which is recognized in other comprehensive income. The credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis. For equity securities, the entire amount of impairment is recognized through earnings.
Loans Held for Sale	Loans Held for Sale
Loans	Loans Interest income on mortgage and commercial loans is discontinued at the time the loan is 90 days delinquent unless the loan is well-secured and in process of collection. Consumer loans are typically charged off no later than 120 days past due. Past due status is based on the contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. Non-accrual loans and loans past due 90 days still on accrual include both smaller balance homogeneous loans that are collectively evaluated for impairment and individually classified impaired loans. A loan is moved to non-accrual status in accordance with the Company’s policy, typically after 90 days of non-payment. All interest accrued but not received for loans placed on non-accrual is reversed against interest income. Interest received on such loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.
Concentration of Credit Risk	Concentration of Credit Risk The Company’s success and recent growth in lending in the central West Virginia market area depend primarily on the local general economy which has been driven in the past by federal government programs to develop technology infrastructure and more recently by the drilling for natural gas in the recently discovered Marcellus and Utica shale formations. Furthermore, Premier’s success in the southern West Virginia market depends, in large part, on the local general economy which has been driven by significant employment by coal and other natural resource based businesses. While Premier’s direct credit risk exposure to such industries is minimal, the success or failure of these industries may have an indirect effect on the local economic conditions in the central and southern West Virginia market areas, either individually or collectively, thus having a significant impact on the credit risk of loans in this market area.
Certain Purchased Loans	Certain Purchased Loans: Such purchased loans are accounted for individually or may be aggregated into pools of loans based on common risk characteristics such as loan type. The Company estimates the amount and timing of expected cash flows for each purchased loan or pool, and the expected cash flows in excess of amount paid is recorded as interest income over the remaining life of the loan or pool (accretable yield). The excess of the loan’s or pool’s contractual principal and interest over expected cash flows is not recorded (nonaccretable difference). Over the life of the loan or pool, expected cash flows continue to be estimated. If the present value of expected cash flows is less than the carrying amount, a loss is recorded as an increase in the allowance for loan losses. If the present value of expected cash flows is greater than the carrying amount, it is recognized as part of future interest income.
Allowance for Loan Losses	Allowance for Loan Losses During the first three months of 2018, management updated its policies regarding estimation of probable incurred losses. The updates included incorporating a common estimated loss ratio for all pass credits within a given loan classification, adding an additional qualitative factor for document exceptions on collectively impaired loans, and reallocating the qualitative portion of the allowance to align more closely to the inputs used to determine the qualitative portion. The previous methodology allocated a higher loss ratio to loans graded “Watch” to estimate a higher credit risk on these loans due to risk downgrades resulting from document exceptions. Loans graded “Watch” are considered pass credits. The changes did not have a material impact on the overall allowance for loan losses or the provision for loan losses for the year ended December 31, 2020 and 2019. A loan is impaired when full payment under the loan terms is not expected. Impairment is evaluated in total for smaller-balance loans of similar nature such as residential mortgage, consumer, and credit card loans, and accordingly, they are not separately identified for impairment disclosures. All other loans are evaluated for impairment on an individual basis. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. If a loan is impaired, a portion of the allowance is allocated so that the loan is reported, net, at the present value of estimated future cash flows using the loan’s existing rate or at the fair value of collateral if repayment is expected solely from the collateral. Loans with restructured terms offering a concession to enable a struggling borrower to repay (Troubled Debt Restructurings) are measured at the present value of estimated future cash flows using the loan’s effective rate at inception. If a troubled debt restructuring is considered to be a collateral dependent loan, the loan is reported, net, at the fair value of the collateral. For troubled debt restructurings that subsequently default, the Company determines the amount of reserve in accordance with the accounting policy for the allowance for loan losses. The general component of the allowance covers non-impaired loans and is based on historical loss experience adjusted for current factors. The historical loss experience is determined by portfolio segment and is based on the actual loss history experienced by the Company. This actual loss experience is supplemented with other economic factors based on the risks present for each portfolio segment. These economic factors include consideration of the following: levels of and trends in delinquencies and impaired loans; levels of and trends in charge-offs and recoveries; trends in volume and terms of loans; effects of any changes in risk selection and underwriting standards; other changes in lending policies, procedures, and practices; experience, ability, and depth of lending management and other relevant staff; national and local economic trends and conditions; industry conditions; and effects of changes in credit concentrations. An additional amount was added to the allowance to provide for an estimate of additional identified credit risk in the loan portfolio due to uncertainty related to future economic conditions resulting from government actions designed to curb the spread of COVID-19. The following portfolio segments have been identified as having differing risk characteristics: Loans secured by 1-4 family residential real estate: Loans secured by multifamily residential real estate: Loans secured by owner occupied non-farm non-residential real estate Loans secured by non-farm non-residential real estate Commercial and industrial loans not secured by real estate: Consumer loans: Construction, land, and land development loans All other loan types
Transfers of Financial Assets	Transfers of Financial Assets
Premises and Equipment	Premises and Equipment
Other Real Estate Owned	Other Real Estate Owned
Federal Home Loan Bank ("FHLB") stock	Federal Home Loan Bank (“FHLB”) stock:
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Other intangible assets consist of core deposit intangible assets arising from whole bank and branch acquisitions. They are initially measured at fair value and then are amortized on an accelerated method over their estimated useful lives of approximately 8 to 10 years.
Repurchase Agreements	Repurchase Agreements
Stock Based Compensation	Stock Based Compensation
Income Taxes	Income Taxes A tax position is recognized as a benefit only if it is more likely than not that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. The Company recognizes interest related to income tax matters as other interest expense and penalties related to income tax matters as other noninterest expense.
Off Balance Sheet Financial Instruments	Off Balance Sheet Financial Instruments
Earnings Per Common Share	Earnings Per Common Share
Comprehensive Income	Comprehensive Income
Loss Contingencies	Loss Contingencies
Fair Value of Financial Instruments	Fair Value of Financial Instruments
Operating Segments	Operating Segments
Reclassifications	Reclassifications
Adoption of New Accounting Standards	New Accounting Standards In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments—Credit Losses: Measurement of Credit Losses on Financial Instruments Premier has yet to adopt ASU No. 2016-13.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Accounts of the Company and its Wholly Owned Subsidiaries	The consolidated financial statements include the accounts of Premier Financial Bancorp, Inc. (the “Company” or “Premier”) and its wholly-owned subsidiaries: Unaudited December 31, 2020 Subsidiary Location Year Acquired Total Assets Net Income Citizens Deposit Bank & Trust Vanceburg, Kentucky 1991 $ 588,492 $ 6,110 Premier Bank, Inc. Huntington, West Virginia 1998 1,350,164 18,396 Parent and Intercompany Eliminations 7,166 (2,068) Consolidated total $ 1,945,822 $ 22,438

SECURITIES (Tables)

SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2020
SECURITIES [Abstract]
Amortized Cost and Fair Value of Investment Securities, by Category	Amortized cost and fair value of securities available for sale and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) were as follows: 2020 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Available for sale Mortgage-backed securities U. S. sponsored agency MBS - residential $ 318,315 $ 9,777 $ (292 ) $ 327,800 U. S. sponsored agency CMO’s - residential 29,264 812 - 30,076 Total mortgage-backed securities of government sponsored agencies 347,579 10,589 (292 ) 357,876 U. S. government sponsored agency securities 2,490 136 - 2,626 Obligations of states and political subdivisions 53,639 1,361 - 55,000 Other securities 5,559 129 - 5,688 Total securities available for sale $ 409,267 $ 12,215 $ (292 ) $ 421,190 2019 Amortized Cost Unrealized Gains Unrealized Losses Fair Value Available for sale Mortgage-backed securities U. S. sponsored agency MBS - residential $ 276,013 $ 3,618 $ (322 ) $ 279,309 U. S. sponsored agency CMO’s - residential 61,989 768 (113 ) 62,644 Total mortgage-backed securities of government sponsored agencies 338,002 4,386 (435 ) 341,953 U. S. government sponsored agency securities 30,538 280 (88 ) 30,730 Obligations of states and political subdivisions 15,570 453 (6 ) 16,017 Other securities 1,956 98 - 2,054 Total securities available for sale $ 386,066 $ 5,217 $ (529 ) $ 390,754
Amortized Cost and Fair Value of Securities by Contractual Maturity	The amortized cost and fair value of securities at December 31, 2020 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. Securities not due at a single maturity date, such as mortgage-backed securities, are shown separately. Amortized Cost Fair Value Available for sale Due in one year or less $ 19,121 $ 19,327 Due after one year through five years 14,894 15,341 Due after five years through ten years 20,284 20,767 Due after ten years 7,389 7,879 Mortgage-backed securities of government sponsored agencies 347,579 357,876 Total available for sale $ 409,267 $ 421,190
Securities with Unrealized Losses in Continuous Unrealized Loss Position	Securities with unrealized losses at year-end 2020 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 MBS – residential $ 58,207 $ (292 ) $ - $ - $ 58,207 $ (292 ) Total temporarily impaired $ 58,207 $ (292 ) $ - $ - $ 58,207 $ (292 ) Securities with unrealized losses at year-end 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 $ 10,851 $ (84 ) $ 3,957 $ (4 ) $ 14,808 $ (88 ) U.S government sponsored agency MBS – residential 50,945 (199 ) 12,930 (123 ) 63,875 (322 ) U.S government sponsored agency CMO’s – residential 4,376 (3 ) 8,815 (110 ) 13,191 (113 ) Obligations of states and political subdivisions 1,866 (6 ) - - 1,866 (6 ) Total temporarily impaired $ 68,038 $ (292 ) $ 25,702 $ (237 ) $ 93,740 $ (529 )

LOANS (Tables)

LOANS (Tables)	12 Months Ended
	Dec. 31, 2020
LOANS [Abstract]
Major Classifications of Loans	Major classifications of loans at year-end are summarized as follows: 2020 2019 Residential real estate $ 378,659 $ 389,985 Multifamily real estate 37,978 36,684 Commercial real estate: Owner occupied 164,706 164,218 Non-owner occupied 329,031 304,316 Commercial and industrial 90,062 105,079 SBA PPP 61,169 - Consumer 23,984 29,007 Construction and land 92,648 136,138 All other 36,141 29,868 Total $ 1,214,378 $ 1,195,295
Major Classifications of Loans Acquired	The composition of the major classifications of the loans acquired from First National Bank of Jackson at October 25, 2019 are summarized as follows: 2019 Residential real estate $ 15,156 Multifamily real estate 2,220 Commercial real estate: Owner occupied 3,364 Non owner occupied 7,174 Commercial and industrial 4,133 Consumer 4,644 Construction and land 3,116 All other 1,825 Total $ 41,632
Analysis of Activity with Respect to all Director and Executive Officer Loans	An analysis of the 2020 activity with respect to all director and executive officer loans is as follows: Balance, December 31, 2019 $ 13,990 Additions, including loans now meeting disclosure requirements 5,784 Amounts collected and loans no longer meeting disclosure requirements (3,527 ) Balance, December 31, 2020 $ 16,247
Activity in the Allowance for Loan Losses by Portfolio Segment	Activity in the allowance for loan losses by portfolio segment for the year ending December 31, 2020 was as follows: Loan Class Balance Dec 31, 2019 Provision (credit) for loan losses Loans charged-off Recoveries Balance Dec 31, 2020 Residential real estate $ 1,711 $ 592 $ (254 ) $ 22 $ 2,071 Multifamily real estate 1,954 413 (2,183 ) - 184 Commercial real estate: Owner occupied 2,441 992 (566 ) 7 2,874 Non-owner occupied 3,184 2,168 (226 ) 3 5,129 Commercial and industrial 1,767 (235 ) (47 ) 53 1,538 Consumer 281 82 (194 ) 57 226 Construction and land 1,724 (721 ) (114 ) 57 946 All other 480 159 (198 ) 107 548 Total $ 13,542 $ 3,450 $ (3,782 ) $ 306 $ 13,516 Activity in the allowance for loan losses by portfolio segment for the year ending December 31, 2019 was as follows: Loan Class Balance Dec 31, 2018 Provision (credit) for loan losses Loans charged-off Recoveries Balance Dec 31, 2019 Residential real estate $ 1,808 $ 73 $ (207 ) $ 37 $ 1,711 Multifamily real estate 1,649 298 - 7 1,954 Commercial real estate: Owner occupied 2,120 880 (565 ) 6 2,441 Non-owner occupied 3,058 178 (57 ) 5 3,184 Commercial and industrial 1,897 232 (418 ) 56 1,767 Consumer 351 81 (193 ) 42 281 Construction and land 2,255 (517 ) (14 ) - 1,724 All other 600 25 (262 ) 117 480 Total $ 13,738 $ 1,250 $ (1,716 ) $ 270 $ 13,542 Activity in the allowance for loan losses by portfolio segment for the year ending December 31, 2018 was as follows: Loan Class Balance Dec 31, 2017 Provision (credit) for loan losses Loans charged-off Recoveries Balance Dec 31, 2018 Residential real estate $ 2,986 $ (967 ) $ (247 ) $ 36 $ 1,808 Multifamily real estate 978 676 (11 ) 6 1,649 Commercial real estate: Owner occupied 1,653 491 (25 ) 1 2,120 Non-owner occupied 2,313 839 (98 ) 4 3,058 Commercial and industrial 1,101 1,298 (545 ) 43 1,897 Consumer 328 121 (156 ) 58 351 Construction and land 2,408 (533 ) (20 ) 400 2,255 All other 337 390 (266 ) 139 600 Total $ 12,104 $ 2,315 $ (1,368 ) $ 687 $ 13,738
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 December 31, 2020 and December 31, 2019. 2020 2019 Residential real estate $ 2,092 $ 2,565 Commercial real estate Owner occupied 1,012 1,804 Non-owner occupied 2,357 2,628 Commercial and industrial 16 305 Consumer 9 22 Construction and land 368 483 All other 110 174 Total carrying amount $ 5,964 $ 7,981 Contractual principal balance $ 9,267 $ 11,681 Carrying amount, net of allowance $ 5,964 $ 7,981
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 the three years ended December 31, 2020. 2020 2019 2018 Balance at January 1 $ 619 $ 642 $ 754 New loans purchased - 318 139 Accretion of income (82 ) (180 ) (134 ) Loans placed on non-accrual - (82 ) (63 ) Income recognized upon full repayment (68 ) (79 ) (38 ) Reclassifications from non-accretable difference - - (16 ) Disposals (192 ) - - Balance at December 31 $ 277 $ 619 $ 642
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 December 31, 2020 and December 31, 2019. 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 or interest payments made by the borrower which have been used to reduce the recorded investment in the loan rather than recognized as interest income. December 31, 2020 Principal Owed on Non-accrual Loans Recorded Investment in Non-accrual Loans Loans Past Due Over 90 Days, still accruing Residential real estate $ 5,144 $ 3,955 $ 1,348 Commercial real estate Owner occupied 2,601 2,103 7 Non-owner occupied 3,305 2,230 975 Commercial and industrial 1,173 604 - Consumer 168 94 1 Construction and land 12 10 1 Total $ 12,403 $ 8,996 $ 2,332 December 31, 2019 Principal Owed on Non-accrual Loans Recorded Investment in Non-accrual Loans Loans Past Due Over 90 Days, still accruing Residential real estate $ 5,801 $ 4,618 $ 1,425 Multifamily real estate 4,113 3,726 - Commercial real estate Owner occupied 3,399 2,995 - Non-owner occupied 3,120 1,852 340 Commercial and industrial 1,026 420 451 Consumer 364 313 9 Construction and land 470 440 3 All other 75 73 - Total $ 18,368 $ 14,437 $ 2,228
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 December 31, 2020 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 $ 378,659 $ 3,978 $ 3,190 $ 7,168 $ 371,491 Multifamily real estate 37,978 32 - 32 37,946 Commercial real estate: Owner occupied 164,706 1,197 814 2,011 162,695 Non-owner occupied 329,031 987 2,196 3,183 325,848 Commercial and industrial 90,062 75 476 551 89,511 SBA PPP 61,169 - - - 61,169 Consumer 23,984 190 38 228 23,756 Construction and land 92,648 - 5 5 92,643 All other 36,141 23 - 23 36,118 Total $ 1,214,378 $ 6,482 $ 6,719 $ 13,201 $ 1,201,177 The following table presents the aging of the recorded investment in past due loans as of December 31, 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 $ 389,985 $ 9,479 $ 3,192 $ 12,671 $ 377,314 Multifamily real estate 36,684 - 3,726 3,726 32,958 Commercial real estate: Owner occupied 164,218 337 1,199 1,536 162,682 Non-owner occupied 304,316 838 1,017 1,855 302,461 Commercial and industrial 105,079 245 708 953 104,126 Consumer 29,007 309 230 539 28,468 Construction and land 136,138 3,856 4 3,860 132,278 All other 29,868 - 73 73 29,795 Total $ 1,195,295 $ 15,064 $ 10,149 $ 25,213 $ 1,170,082
Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment Based on Impairment Method	The following tables 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, 2020 and December 31, 2019. December 31, 2020 Allowance for Loan Losses Loan Balances Loan Class Individually Evaluated for Impairment Collectively Evaluated for Impairment Acquired with Deteriorated Credit Quality Total Individually Evaluated for Impairment Collectively Evaluated for Impairment Acquired with Deteriorated Credit Quality Total Residential real estate $ - $ 2,071 $ - $ 2,071 $ 57 $ 376,510 $ 2,092 $ 378,659 Multifamily real estate - 184 - 184 - 37,978 - 37,978 Commercial real estate: Owner occupied 240 2,634 - 2,874 1,981 161,713 1,012 164,706 Non-owner occupied 385 4,744 - 5,129 1,843 324,831 2,357 329,031 Commercial and industrial 374 1,164 - 1,538 548 89,498 16 90,062 SBA PPP - - - - - 61,169 - 61,169 Consumer - 226 - 226 - 23,975 9 23,984 Construction and land - 946 - 946 - 92,280 368 92,648 All other - 548 - 548 - 36,031 110 36,141 Total $ 999 $ 12,517 $ - $ 13,516 $ 4,429 $ 1,203,985 $ 5,964 $ 1,214,378 December 31, 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 $ - $ 1,711 $ - $ 1,711 $ 63 $ 387,357 $ 2,565 $ 389,985 Multifamily real estate 1,737 217 - 1,954 3,726 32,958 - 36,684 Commercial real estate: Owner occupied 653 1,788 - 2,441 2,685 159,729 1,804 164,218 Non-owner occupied 271 2,913 - 3,184 3,830 297,858 2,628 304,316 Commercial and industrial 390 1,377 - 1,767 678 104,096 305 105,079 Consumer - 281 - 281 - 28,985 22 29,007 Construction and land 51 1,673 - 1,724 431 135,224 483 136,138 All other - 480 - 480 - 29,694 174 29,868 Total $ 3,102 $ 10,440 $ - $ 13,542 $ 11,413 $ 1,175,901 $ 7,981 $ 1,195,295
Loans Individually Evaluated for Impairment by Class of Loans	The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2020. The table includes $689 of loans acquired with deteriorated credit quality that 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 $ 175 $ 57 $ - Commercial real estate Owner occupied 2,295 1,815 - Non-owner occupied 1,638 743 - Commercial and industrial 509 - - 4,617 2,615 - With an allowance recorded: Commercial real estate Owner occupied $ 506 $ 490 $ 240 Non-owner occupied 1,638 1,465 385 Commercial and industrial 581 548 374 2,725 2,503 999 Total $ 7,342 $ 5,118 $ 999 The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2019. The table includes $758 of loans acquired with deteriorated credit quality that 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 $ 188 $ 63 $ - Multifamily real estate 96 89 - Commercial real estate Owner occupied 2,201 1,842 - Non-owner occupied 2,512 1,732 - Commercial and industrial 509 - - 5,506 3,726 - With an allowance recorded: Multifamily real estate $ 4,017 $ 3,637 $ 1,737 Commercial real estate Owner occupied 1,189 1,162 653 Non-owner occupied 2,654 2,537 271 Commercial and industrial 689 678 390 Construction and land 460 431 51 9,009 8,445 3,102 Total $ 14,515 $ 12,171 $ 3,102
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized	The following table presents by loan class, the average balance of loans individually evaluated for impairment and interest income recognized on these loans for the three years ended December 31, 2020. The table includes loans acquired with deteriorated credit quality that are still individually evaluated for impairment. Year ended Dec 31, 2020 Year ended Dec 31, 2019 Year ended Dec 31, 2018 Loan Class Average Recorded Investment Interest Income Recognized Cash Basis Interest Recognized Average Recorded Investment Interest Income Recognized Cash Basis Interest Recognized Average Recorded Investment Interest Income Recognized Cash Basis Interest Recognized Residential real estate $ 60 $ - $ - $ 186 $ - $ - $ 300 $ - $ - Multifamily real estate 2,246 - - 3,803 - - 2,534 11 11 Commercial real estate: Owner occupied 2,119 12 12 3,624 15 15 3,094 57 57 Non-owner occupied 3,526 75 75 8,062 712 712 9,226 412 412 Commercial and industrial 701 7 7 549 4 4 904 22 22 Construction and land 266 - - 814 123 123 3,977 24 15 All other - - - - - - 173 10 10 Total $ 8,918 $ 94 $ 94 $ 17,038 $ 854 $ 854 $ 20,208 $ 536 $ 527
Troubled Debt Restructurings	The following table presents TDR’s as of December 31, 2020 and 2019: December 31, 2020 TDR’s on Non-accrual Other TDR’s Total TDR’s Residential real estate $ 19 $ 203 $ 222 Commercial real estate Owner occupied - 195 195 Non-owner occupied 856 - 856 Total $ 875 $ 398 $ 1,273 December 31, 2019 TDR’s on Non-accrual Other TDR’s Total TDR’s Residential real estate $ 32 $ 157 $ 189 Multifamily real estate 3,636 - 3,636 Commercial real estate Owner occupied 1,162 207 1,369 Non-owner occupied - 2,656 2,656 Commercial and industrial 191 - 191 Total $ 5,021 $ 3,020 $ 8,041
Loans Modified under CARES Act	The following table presents the status of the remaining loans as of December 31, 2020 with some degree of payment modification under the CARES Act. December 31, 2020 Modified to Interest Only Payment Modified to Defer Principal and Interest Payment Total Residential real estate $ 560 $ 338 $ 898 Multifamily real estate 667 - 667 Commercial real estate Owner occupied 10,567 396 10,963 Non-owner occupied 17,659 214 17,873 Commercial and industrial - 898 898 Consumer 7 19 26 Construction and land 2,472 3,849 6,321 Total $ 31,932 $ 5,714 $ 37,646
Risk Category of Loans by Class of Loans	As of December 31, 2020, 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 $ 365,397 $ 3,093 $ 10,169 $ - $ 378,659 Multifamily real estate 35,412 2,566 - - 37,978 Commercial real estate: Owner occupied 155,707 4,686 4,313 - 164,706 Non-owner occupied 312,139 13,959 2,933 - 329,031 Commercial and industrial 84,948 3,747 1,367 - 90,062 SBA PPP 61,169 - - - 61,169 Consumer 23,837 5 142 - 23,984 Construction and land 88,587 3,833 228 - 92,648 All other 36,141 - - - 36,141 Total $ 1,163,337 $ 31,889 $ 19,152 $ - $ 1,214,378 As of December 31, 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 $ 374,835 $ 3,477 $ 11,673 $ - $ 389,985 Multifamily real estate 28,103 4,855 3,726 - 36,684 Commercial real estate: Owner occupied 152,695 5,123 6,400 - 164,218 Non-owner occupied 290,096 8,617 5,603 - 304,316 Commercial and industrial 101,085 2,693 1,301 - 105,079 Consumer 28,618 5 384 - 29,007 Construction and land 123,473 11,868 797 - 136,138 All other 29,698 97 73 - 29,868 Total $ 1,128,603 $ 36,735 $ 29,957 $ - $ 1,195,295

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2020
PREMISES AND EQUIPMENT [Abstract]
Year-end Premises and Equipment	Year-end premises and equipment were as follows: 2020 2019 Land and improvements $ 7,455 $ 7,500 Buildings and leasehold improvements 26,577 26,777 Furniture and equipment 12,393 12,224 Assets purchased not yet placed in service 50 560 46,475 47,061 Less: accumulated depreciation (17,910 ) (16,956 ) Premises and equipment owned, net 28,565 30,105 Right of use asset related to operating leases (detailed below) 6,722 7,152 Premises and equipment owned, net $ 35,287 $ 37,257
Future Minimum Rental Commitments under Operating Leases	The following table summarizes the future minimum rental commitments under operating leases: 2021 $ 1,067 2022 1,050 2023 805 2024 680 2025 681 2026 and thereafter 2,813 Total undiscounted cash flows 7,096 Discounted cash flows (374 ) Total lease liability $ 6,722

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2020
GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]
Change in Balance for Goodwill	The change in the balance for goodwill during the year is as follows: 2020 2019 2018 Beginning of year $ 47,640 $ 47,640 $ 35,371 Acquired goodwill - - 12,269 Impairment - - - End of year $ 47,640 $ 47,640 $ 47,640
Acquired Intangible Assets	Acquired intangible assets at December 31, 2020 and 2019 were as follows. 2020 2019 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Core deposit intangible $ 8,702 $ (4,278 ) $ 8,702 $ (3,326 )
Estimated Amortization Expense	Estimated amortization expense for each of the next five years: 2021 $ 882 2022 686 2023 612 2024 606 2025 606 Thereafter 1,032 $ 4,424

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2020
DEPOSITS [Abstract]
Maturities of Time Deposits	At December 31, 2020 the scheduled maturities of time deposits are as follows: 2021 $ 238,490 2022 47,809 2023 17,303 2024 11,471 2025 10,422 Thereafter 58 $ 325,553

SECURITIES SOLD UNDER AGREEME_2

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)	12 Months Ended
	Dec. 31, 2020
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE [Abstract]
Securities Sold under Agreements to Repurchase	Securities sold under agreements to repurchase generally mature within one 2020 2019 Year-end balance $ 33,827 $ 20,428 Average balance during the year $ 26,528 $ 21,704 Average interest rate during the year 0.26 % 0.32 % Maximum month-end balance during the year $ 33,827 $ 23,020 Weighted average interest rate at year-end 0.38 % 0.49 %

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2020
INCOME TAXES [Abstract]
Components of Provision (Benefits) for Income Taxes	The components of the provision (benefit) for income taxes are as follows: 2020 2019 2018 Current $ 5,839 $ 6,476 $ 5,782 Deferred 472 563 120 Change in valuation allowance - (14 ) (4 ) Provision for income taxes $ 6,311 $ 7,025 $ 5,898
Deferred Tax Assets and Liabilities	The Company’s deferred tax assets and liabilities at December 31 are shown below. 2020 2019 Deferred tax assets Allowance for loan losses $ 3,045 $ 2,969 Purchase accounting adjustments 296 605 Net operating loss carryforward 369 453 Alternative minimum tax credit carryforward - 3 Write-downs of other real estate owned 479 374 Taxable income on non-accrual loans 909 981 Accrued expenses 220 278 Other 13 16 Total deferred tax assets 5,331 5,679 Deferred tax liabilities Amortization of intangibles $ (3,097 ) $ (3,072 ) Depreciation (1,337 ) (1,320 ) Federal Home Loan Bank dividends (265 ) (267 ) Deferred loan fees (672 ) (588 ) Unrealized gain on investment securities (2,504 ) (984 ) Other (101 ) (101 ) Total deferred tax liabilities (7,976 ) (6,332 ) Valuation allowance on deferred tax assets (158 ) (158 ) Net deferred taxes $ (2,803 ) $ (811 )
Analysis of Differences Between Effective Tax Rates and Statutory U.S. Federal Income Tax Rate	An analysis of the differences between the effective tax rates and the statutory U.S. federal income tax rate is as follows: 2020 2019 2018 U.S. federal income tax rate $ 6,037 21.0 % $ 6,556 21.0 % $ 5,474 21.0 % Changes from the statutory rate State income taxes, net 566 2.0 693 2.2 518 2.0 Tax-exempt interest income (246 ) (0.9 ) (163 ) (0.5 ) (143 ) (0.5 ) Non-deductible interest expense related to carrying tax-exempt interest earning assets 16 0.1 15 - 11 - Non-deductible stock compensation expense, net 25 0.1 28 0.1 12 - Tax credits, net (96 ) (0.3 ) (134 ) (0.4 ) (71 ) (0.3 ) Change in valuation allowance - - 14 - 4 - Other 9 - 16 0.1 93 0.4 $ 6,311 22.0 % $ 7,025 22.5 % $ 5,898 22.6 %

STOCK COMPENSATION EXPENSE (Tab

STOCK COMPENSATION EXPENSE (Tables)	12 Months Ended
	Dec. 31, 2020
STOCK COMPENSATION EXPENSE [Abstract]
Assumption Used in the Black-Scholes Option-pricing Model	The fair value of the Company’s employee stock options granted is estimated at the date of grant using the Black-Scholes option-pricing model. This model requires the input of highly subjective assumptions, changes to which can materially affect the fair value estimate. Additionally, there may be other factors that would otherwise have a significant effect on the value of employee stock options granted but are not considered by the model. The assumptions used in the Black-Scholes option-pricing model are as follows 2020 2019 2018 Risk-free interest rate 0.79 % 2.34 % 2.69 % Expected option life (yrs) 5.11 5.48 5.37 Expected stock price volatility 25.45 % 28.45 % 22.47 % Dividend yield 7.06 % 3.85 % 3.17 % Weighted average fair value of options granted during the year $ 0.71 $ 2.91 $ 2.49
Stock Option Activity	A summary of the Company’s stock option activity is as follows: 2020 2019 2018 Options Weighted Average Exercise Price Options Weighted Average Exercise Price Options Weighted Average Exercise Price Outstanding at beginning of year 332,641 $ 12.54 298,383 $ 11.66 262,811 $ 10.63 Grants 74,025 8.50 72,075 15.57 67,875 15.12 Exercises (6,187 ) 6.16 (26,979 ) 10.13 (28,151 ) 10.12 Forfeitures or expired (1 ) 6.47 (10,838 ) 14.21 (4,152 ) 13.91 Outstanding at year-end 400,478 $ 11.90 332,641 $ 12.54 298,383 $ 11.66 Exercisable at year-end 257,535 $ 11.92 200,123 $ 10.67 172,577 $ 9.55 Weighted average remaining life 5.0 5.0 5.2
Stock Option Activity by Range of Exercise Prices	Additional information regarding stock options outstanding and exercisable at December 31, 2020 is provided in the following table: Outstanding Currently Exercisable Range of Exercise Prices Number Weighted Average Exercise Price Aggregate Intrinsic Value Number Weighted Average Remaining Contractual Life Weighted Average Exercise Price Aggregate Intrinsic Value $ 4.00 to $6.00 30,901 $ 5.29 $ 248 30,901 0.82 $ 5.29 $ 247 $ 8.01 to $10.00 89,740 8.46 433 15,715 2.22 8.28 79 $ 10.01 to $12.00 96,595 10.70 250 96,595 4.33 10.70 250 $ 14.01 to $16.00 183,242 15.32 - 114,323 6.98 15.25 - Outstanding at Dec 31, 2020 400,478 11.90 $ 931 257,534 4.96 11.92 $ 576

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2020
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 2020, 2019, and 2018 is presented below: 2020 2019 2018 Basic earnings per share: Income available to common stockholders $ 22,438 $ 24,196 $ 20,168 Weighted average common shares outstanding 14,667,756 14,639,775 13,634,439 Earnings per share $ 1.53 $ 1.65 $ 1.48 Diluted earnings per share: Income available to common stockholders $ 22,438 $ 24,196 $ 20,168 Weighted average common shares outstanding 14,667,756 14,639,775 13,634,439 Add dilutive effects of potential additional common stock 64,033 83,367 102,179 Weighted average common and dilutive potential Common shares outstanding 14,731,789 14,723,142 13,736,618 Earnings per share assuming dilution $ 1.52 $ 1.64 $ 1.47

FAIR VALUE (Tables)

FAIR VALUE (Tables)	12 Months Ended
	Dec. 31, 2020
FAIR VALUE [Abstract]
Carrying Amounts and Estimated Fair Values of Financial Instruments	The carrying amounts and estimated fair values of financial instruments at December 31, 2020 were as follows: Fair Value Measurements at December 31, 2020 Using Carrying Amount Level 1 Level 2 Level 3 Total Financial assets Cash and due from banks $ 199,170 $ 198,820 $ 350 $ - $ 199,170 Federal funds sold 11,306 11,306 - - 11,306 Securities available for sale 421,190 - 421,190 - 421,190 Loans, net 1,200,862 - - 1,209,579 1,209,579 Federal Home Loan Bank stock 4,166 n/a n/a n/a n/a Interest receivable 5,991 - 1,301 4,690 5,991 Financial liabilities Deposits $ 1,633,740 $ 1,308,188 $ 327,448 $ - $ 1,635,636 Securities sold under agreements to repurchase 33,827 - 33,827 - 33,827 Subordinated debt 5,475 - 5,366 - 5,366 Interest payable 360 4 356 - 360 The carrying amounts and estimated fair values of financial instruments at December 31, 2019 were as follows: Fair Value Measurements at December 31, 2019 Using Carrying Amount Level 1 Level 2 Level 3 Total Financial assets Cash and due from banks $ 89,154 $ 88,556 $ 599 $ - $ 88,556 Federal funds sold 5,902 5,902 - - 5,902 Securities available for sale 390,754 - 390,754 - 390,754 Loans, net 1,181,753 - - 1,172,575 1,172,575 Federal Home Loan Bank stock 4,450 n/a n/a n/a n/a Interest receivable 4,699 4 1,110 3,585 4,699 Financial liabilities Deposits $ 1,495,753 $ 1,070,610 $ 424,886 $ - $ 1,495,496 Securities sold under agreements to repurchase 20,428 - 20,428 - 20,428 FHLB advances 6,375 - 6,406 - 6,406 Subordinated debt 5,436 - 5,527 - 5,527 Interest payable 912 15 897 - 912
Assets and Liabilities Measured at Fair Value on a Recurring Basis	Assets and liabilities measured at fair value on a recurring basis at December 31, 2020 are summarized below: Fair Value Measurements at December 31, 2020 Using: Carrying Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Securities available for sale Mortgage-backed securities U. S. agency MBS - residential $ 327,800 $ - $ 327,800 $ - U. S. agency CMO’s 30,076 - 30,076 - Total mortgage-backed securities of government sponsored agencies 357,876 - 357,876 - U. S. government sponsored agency securities 2,626 - 2,626 - Obligations of states and political subdivisions 55,000 - 55,000 - Other securities 5,688 - 5,688 - Total securities available for sale $ 421,190 $ - $ 421,190 $ - Assets and liabilities measured at fair value on a recurring basis at December 31, 2019 are summarized below: Fair Value Measurements at December 31, 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) Securities available for sale Mortgage-backed securities U. S. agency MBS - residential $ 279,309 $ - $ 279,309 $ - U. S. agency CMO’s 62,644 - 62,644 - Total mortgage-backed securities of government sponsored agencies 341,953 - 341,953 - U. S. government sponsored agency securities 30,730 - 30,730 - Obligations of states and political subdivisions 16,017 - 16,017 - Other securities 2,054 - 2,054 - Total securities available for sale $ 390,754 $ - $ 390,754 $ -
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 December 31, 2020 are summarized below: Fair Value Measurements at December 31, 2020 Using Dec 31, 2020 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Impaired loans: Commercial real estate Owner occupied $ 250 $ - $ - $ 250 Non-owner occupied 1,080 - - 1,080 Commercial and industrial 174 - - 174 Total impaired loans $ 1,504 $ - $ - $ 1,504 Other real estate owned: Residential real estate $ 206 $ - $ - $ 206 Multifamily real estate 10,838 - - 10,838 Commercial real estate Owner occupied 829 - - 829 Construction and land 400 - - 400 Total OREO $ 12,273 $ - $ - $ 12,273 Assets and liabilities measured at fair value on a non-recurring basis at December 31, 2019 are summarized below: Fair Value Measurements at December 31, 2019 Using Dec 31, 2019 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Assets: Impaired loans: Multifamily real estate $ 1,900 $ - $ - $ 1,900 Commercial real estate Owner occupied 509 - - 509 Non-owner occupied 2,266 - - 2,266 Commercial and industrial 288 - - 288 Construction and land 380 - - 380 Total impaired loans $ 5,343 $ - $ - $ 5,343 Other real estate owned: Residential real estate $ 249 $ - $ - $ 249 Multifamily real estate 9,588 - - 9,588 Commercial real estate Owner occupied 288 - - 288 Construction and land 750 - - 750 Total OREO $ 10,875 $ - $ - $ 10,875
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis	The significant unobservable inputs related to assets and liabilities measured at fair value on a non-recurring basis at December 31, 2020 are summarized below: December 31, 2020 Valuation Techniques Unobservable Inputs Range (Weighted Avg) Impaired loans: Commercial real estate Owner occupied $ 250 sales comparison adjustment for estimated realizable value 74%-74% (74%) Non-owner occupied 1,080 income approach adjustment for differences in net operating income expectations 15%-37% (25%) Commercial and industrial 174 sales comparison adjustment for estimated realizable value 50%-85% (62%) Total impaired loans $ 1,504 Other real estate owned: Residential real estate $ 206 sales comparison adjustment for estimated realizable value 0.2%-59.8% (18.1%) Multifamily real estate 10,838 income approach adjustment for differences in net operating income expectations 42.0%-70.4% (45.5%) Commercial real estate Owner occupied 829 sales comparison adjustment for estimated realizable value 22.1%-26.8% (25.2%) Construction and land 400 sales comparison adjustment for estimated realizable value 50.3%-98.6% (80.5%) Total OREO $ 12,273 The significant unobservable inputs related to assets and liabilities measured at fair value on a non-recurring basis at December 31, 2019 are summarized below: December 31, 2019 Valuation Techniques Unobservable Inputs Range (Weighted Avg) Impaired loans: Multifamily real estate $ 1,900 sales comparison adjustment for estimated realizable value 58.9%-58.9% (58.9%) Commercial real estate Owner occupied 509 sales comparison adjustment for estimated realizable value 76.1%-76.1% (76.1%) Non-owner occupied 2,266 income approach adjustment for differences in net operating income expectations 36.6%-67.4% (60.6%) Commercial and industrial 288 sales comparison adjustment for estimated realizable value 25.0%-87.0% (43.6%) Construction and land 380 sales comparison adjustment for estimated realizable value 56.5%-56.5% (56.5%) Total impaired loans $ 5,343 Other real estate owned: Residential real estate $ 249 sales comparison adjustment for estimated realizable value 0.2%-59.8% (17.5%) Multifamily real estate 9,588 income approach adjustment for differences in net operating income expectations 25.6%-25.6% (25.6%) Commercial real estate Owner occupied 288 sales comparison adjustment for estimated realizable value 14.6%-70.4% (34.0%) Construction and land 750 sales comparison adjustment for estimated realizable value 50.3%-69.9% (66.0%) Total OREO $ 10,875

FINANCIAL INSTRUMENTS WITH OF_2

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables)	12 Months Ended
	Dec. 31, 2020
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK [Abstract]
Financial Instruments Whose Approximate Contract Amounts Represent Credit Risk	At December 31, 2020 and 2019, the Banks had the following financial instruments whose approximate contract amounts represent credit risk: 2020 2019 Standby letters of credit $ 1,603 $ 2,419 Commitments to extend credit Fixed interest rate $ 17,510 $ 25,591 Variable interest rate 132,174 120,185

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	12 Months Ended
	Dec. 31, 2020
STOCKHOLDERS' EQUITY [Abstract]
Regulatory Capital Ratios	The Company’s and the subsidiary Banks’ capital amounts and ratios as of December 31, 2020 are presented in the table below. To Be Well Capitalized Under Prompt Corrective Actual Action Provisions 2020 Amount Ratio Amount Ratio Tier I Capital (to average assets): Consolidated (1) $ 207,774 11.25 % $ 147,798 8.00 % Premier Bank, Inc. 136,787 10.71 102,177 8.00 Citizens Deposit Bank 47,470 8.36 45,434 8.00 (1) PREMIER FINANCIAL BANCORP, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS December 31, 2020, 2019, and 2018 (Dollars in Thousands, Except Per Share Data) NOTE 20 - STOCKHOLDERS’ EQUITY The Company’s and the subsidiary Banks’ capital amounts and ratios as of December 31, 2019 are presented in the table below. For Capital Adequacy Purposes Including 2.50% Capital To Be Well Capitalized Under Prompt Corrective Action Provisions Including 2.50% Capital Actual Conservation Buffer Conservation Buffer 2019 Amount Ratio Amount Ratio Amount Ratio Total Capital (to risk-weighted assets): Consolidated (1) $ 206,275 16.46 % $ 131,615 10.50 % $ 156,684 12.50 % Premier Bank, Inc. 144,793 15.80 96,248 10.50 114,581 12.50 Citizens Deposit Bank 47,466 14.08 35,387 10.50 42,128 12.50 Tier I Capital (to risk-weighted assets): Consolidated (1) $ 192,733 15.38 % $ 106,545 8.50 % $ 131,615 10.50 % Premier Bank, Inc. 133,609 14.58 77,915 8.50 96,248 10.50 Citizens Deposit Bank 45,108 13.38 28,647 8.50 35,387 10.50 Common Equity Tier I Capital (to risk-weighted assets): Consolidated (1) $ 186,733 14.90 % $ 87,743 7.00 % $ 112,812 9.00 % Premier Bank, Inc. 133,609 14.58 64,166 7.00 82,499 9.00 Citizens Deposit Bank 45,108 13.38 23,592 7.00 30,332 9.00 Tier I Capital (to average assets): Consolidated (1) $ 192,733 11.27 % $ 68,422 4.00 % $ 85,528 5.00 % Premier Bank, Inc. 133,609 11.31 47,240 4.00 59,051 5.00 Citizens Deposit Bank 45,108 8.54 21,128 4.00 26,410 5.00 (1)

PARENT COMPANY FINANCIAL STAT_2

PARENT COMPANY FINANCIAL STATEMENTS (Tables)	12 Months Ended
	Dec. 31, 2020
PARENT COMPANY FINANCIAL STATEMENTS [Abstract]
Condensed Balance Sheets	Condensed Balance Sheets December 31 2020 2019 ASSETS Cash $ 22,654 $ 13,184 Investment in subsidiaries 242,999 232,509 Premises and equipment 619 622 Other assets 325 754 Total assets $ 266,597 $ 247,069 LIABILITIES AND STOCKHOLDERS’ EQUITY Other liabilities $ 1,215 $ 1,392 Subordinated debt 5,475 5,436 Total liabilities 6,690 6,828 Stockholders’ equity Common stock 134,110 133,795 Retained earnings 116,378 102,743 Accumulated other comprehensive income (loss) 9,419 3,703 Total stockholders’ equity 259,907 240,241 Total liabilities and stockholders’ equity $ 266,597 $ 247,069
Condensed Statement of Operations	Condensed Statement of Operations Years Ended December 31 2020 2019 2018 Income Dividends from subsidiaries $ 19,700 $ 19,050 $ 18,740 Interest and dividend income 10 7 7 Other income 2,557 2,277 2,163 Total income 22,267 21,334 20,910 Expenses Interest expense on other borrowings - 30 156 Interest expense on subordinated debt 284 369 352 Salaries and employee benefits 3,577 3,582 3,252 Occupancy and equipment expenses 448 438 394 Professional fees 309 443 689 Other expenses 637 591 659 Total expenses 5,255 5,453 5,502 Income before income taxes and equity in undistributed income of subsidiaries 17,012 15,881 15,408 Income tax (benefit) (652 ) (699 ) (723 ) Income before equity in undistributed income of subsidiaries 17,664 16,580 16,131 Equity in undistributed income of subsidiaries 4,774 7,616 4,037 Net income $ 22,438 $ 24,196 $ 20,168
Condensed Statement of Cash Flows	Condensed Statement of Cash Flows Years Ended December 31 2020 2019 2018 Cash flows from operating activities Net income $ 22,438 $ 24,196 $ 20,168 Adjustments to reconcile net income to net cash from operating activities Depreciation 78 78 93 Amortization 39 30 30 Stock compensation expense 280 301 252 Equity in undistributed earnings of subsidiaries (4,774 ) (7,616 ) (4,037 ) Change in other assets 429 (24 ) (181 ) Change in other liabilities (147 ) 13 (43 ) Net cash from operating activities 18,343 16,978 16,282 Cash flows from investing activities Repayment of investments in nonbank subsidiaries - 50 - Investments in subsidiaries - (1,500 ) - Acquisition of subsidiary, net of cash received - - (5,212 ) Purchases of fixed assets, net of proceeds from asset sales (105 ) (63 ) (80 ) Net cash from investing activities (105 ) (1,513 ) (5,292 ) Cash flows from financing activities Cash dividends paid to shareholders (8,803 ) (8,786 ) (7,805 ) Cash in lieu of fractional shares - - (13 ) Proceeds from stock option exercises 35 246 193 Payments on other borrowed funds - (2,500 ) (2,500 ) Net cash from financing activities (8,768 ) (11,040 ) (10,125 ) Net change in cash and cash equivalents 9,470 4,425 865 Cash and cash equivalents at beginning of year 13,184 8,759 7,894 Cash and cash equivalents at end of year $ 22,654 $ 13,184 $ 8,759

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) $ in Thousands	Jun. 08, 2018	Dec. 31, 2020USD ($)Segment	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Accounts of the Company and its Wholly Owned Subsidiaries [Abstract]
Total Assets		$ 1,945,822	$ 1,781,010
Net Income		22,438	24,196	$ 20,168
Stock split ratio	1.25			1.25
Securities [Abstract]
Securities classified as held to maturity		$ 0	$ 0
Loans [Abstract]
Period of non-payment after which a loan is moved to nonaccrual status		90 days
Operating Segments [Abstract]
Number of reportable segments | Segment		1
Minimum [Member]
Goodwill and Other Intangible Assets [Abstract]
Estimated useful life of acquired intangible assets		8 years
Maximum [Member]
Goodwill and Other Intangible Assets [Abstract]
Estimated useful life of acquired intangible assets		10 years
Premises [Member] | Minimum [Member]
Premises and Equipment [Abstract]
Useful Life		7 years
Premises [Member] | Maximum [Member]
Premises and Equipment [Abstract]
Useful Life		40 years
Equipment [Member] | Minimum [Member]
Premises and Equipment [Abstract]
Useful Life		3 years
Equipment [Member] | Maximum [Member]
Premises and Equipment [Abstract]
Useful Life		15 years
Citizens Deposit Bank & Trust [Member] | Vanceburg, Kentucky [Member]
Accounts of the Company and its Wholly Owned Subsidiaries [Abstract]
Year Acquired		1991
Total Assets		$ 588,492
Net Income		$ 6,110
Premier Bank, Inc. [Member] | Huntington, West Virginia [Member]
Accounts of the Company and its Wholly Owned Subsidiaries [Abstract]
Year Acquired		1998
Total Assets		$ 1,350,164
Net Income		18,396
Parent and Intercompany Eliminations [Member]
Accounts of the Company and its Wholly Owned Subsidiaries [Abstract]
Total Assets		7,166
Net Income		$ (2,068)
Commercial Loans [Member]
Loans [Abstract]
Delinquent period after which interest income is discontinued on mortgage and loans		90 days
Consumer Loans [Member]
Loans [Abstract]
Past due period after which consumer loans are charged off		120 days

RESTRICTIONS ON CASH AND DUE _2

RESTRICTIONS ON CASH AND DUE FROM BANKS (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
RESTRICTIONS ON CASH AND DUE FROM BANKS [Abstract]
Balance requirement to be held in account at Federal Reserve	$ 0	$ 0

SECURITIES (Details)

SECURITIES (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Available-for-sale Investment securities [Abstract]
Amortized cost	$ 409,267	$ 386,066
Unrealized gains	12,215	5,217
Unrealized losses	(292)	(529)
Fair value	421,190	390,754
Pledged Securities [Abstract]
Carrying value of securities pledged as collateral	254,303	255,699
U.S. Government Sponsored Agency MBS - Residential [Member]
Available-for-sale Investment securities [Abstract]
Amortized cost	318,315	276,013
Unrealized gains	9,777	3,618
Unrealized losses	(292)	(322)
Fair value	327,800	279,309
U.S. Government Sponsored Agency CMO's - Residential [Member]
Available-for-sale Investment securities [Abstract]
Amortized cost	29,264	61,989
Unrealized gains	812	768
Unrealized losses	0	(113)
Fair value	30,076	62,644
Total Mortgage-Backed Securities of Government Sponsored Agencies [Member]
Available-for-sale Investment securities [Abstract]
Amortized cost	347,579	338,002
Unrealized gains	10,589	4,386
Unrealized losses	(292)	(435)
Fair value	357,876	341,953
U.S. Government Sponsored Agency Securities [Member]
Available-for-sale Investment securities [Abstract]
Amortized cost	2,490	30,538
Unrealized gains	136	280
Unrealized losses	0	(88)
Fair value	2,626	30,730
Obligations of States and Political Subdivisions [Member]
Available-for-sale Investment securities [Abstract]
Amortized cost	53,639	15,570
Unrealized gains	1,361	453
Unrealized losses	0	(6)
Fair value	55,000	16,017
Other Securities [Member]
Available-for-sale Investment securities [Abstract]
Amortized cost	5,559	1,956
Unrealized gains	129	98
Unrealized losses	0	0
Fair value	$ 5,688	$ 2,054

SECURITIES, By Contractual Matu

SECURITIES, By Contractual Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Amortized cost of available for sale securities by contractual maturity [Abstract]
Due in one year or less	$ 19,121
Due after one year through five years	14,894
Due after five years through ten years	20,284
Due after ten years	7,389
Amortized cost	409,267	$ 386,066
Fair value of available for sale securities by contractual maturity [Abstract]
Due in one year or less	19,327
Due after one year through five years	15,341
Due after five years through ten years	20,767
Due after ten years	7,879
Fair value	421,190	390,754
Mortgage-backed Securities of Government Sponsored Agencies [Member]
Amortized cost of available for sale securities by contractual maturity [Abstract]
Without single maturity date	347,579
Amortized cost	347,579	338,002
Fair value of available for sale securities by contractual maturity [Abstract]
Without single maturity date	357,876
Fair value	$ 357,876	$ 341,953

SECURITIES, Securities with Unr

SECURITIES, Securities with Unrealized Losses in Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Continuous unrealized loss position, fair value [Abstract]
Less than 12 months	$ 58,207	$ 68,038
12 months or more	0	25,702
Total	58,207	93,740
Continuous unrealized loss position, unrealized loss [Abstract]
Less than 12 months	(292)	(292)
12 months or more	0	(237)
Total	(292)	(529)
U.S. Government Sponsored Agency Securities [Member]
Continuous unrealized loss position, fair value [Abstract]
Less than 12 months		10,851
12 months or more		3,957
Total		14,808
Continuous unrealized loss position, unrealized loss [Abstract]
Less than 12 months		(84)
12 months or more		(4)
Total		(88)
U.S. Government Sponsored Agency MBS - Residential [Member]
Continuous unrealized loss position, fair value [Abstract]
Less than 12 months	58,207	50,945
12 months or more	0	12,930
Total	58,207	63,875
Continuous unrealized loss position, unrealized loss [Abstract]
Less than 12 months	(292)	(199)
12 months or more	0	(123)
Total	$ (292)	(322)
U.S. Government Sponsored Agency CMO's - Residential [Member]
Continuous unrealized loss position, fair value [Abstract]
Less than 12 months		4,376
12 months or more		8,815
Total		13,191
Continuous unrealized loss position, unrealized loss [Abstract]
Less than 12 months		(3)
12 months or more		(110)
Total		(113)
Obligations of States and Political Subdivisions [Member]
Continuous unrealized loss position, fair value [Abstract]
Less than 12 months		1,866
12 months or more		0
Total		1,866
Continuous unrealized loss position, unrealized loss [Abstract]
Less than 12 months		(6)
12 months or more		0
Total		$ (6)

LOANS, Major Classifications of

LOANS, Major Classifications of Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Oct. 25, 2019
Major Classifications of Loans [Abstract]
Loans	$ 1,214,378	$ 1,195,295
First National Bank of Jackson [Member]
Major Classifications of Loans [Abstract]
Loans			$ 41,632
Residential Real Estate [Member]
Major Classifications of Loans [Abstract]
Loans	378,659	389,985
Residential Real Estate [Member] | First National Bank of Jackson [Member]
Major Classifications of Loans [Abstract]
Loans			15,156
Multifamily Real Estate [Member]
Major Classifications of Loans [Abstract]
Loans	37,978	36,684
Multifamily Real Estate [Member] | First National Bank of Jackson [Member]
Major Classifications of Loans [Abstract]
Loans			2,220
Commercial Real Estate [Member] | Owner Occupied [Member]
Major Classifications of Loans [Abstract]
Loans	164,706	164,218
Commercial Real Estate [Member] | Owner Occupied [Member] | First National Bank of Jackson [Member]
Major Classifications of Loans [Abstract]
Loans			3,364
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Major Classifications of Loans [Abstract]
Loans	329,031	304,316
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | First National Bank of Jackson [Member]
Major Classifications of Loans [Abstract]
Loans			7,174
Commercial and Industrial [Member]
Major Classifications of Loans [Abstract]
Loans	90,062	105,079
Commercial and Industrial [Member] | First National Bank of Jackson [Member]
Major Classifications of Loans [Abstract]
Loans			4,133
SBA PPP [Member]
Major Classifications of Loans [Abstract]
Loans	61,169	0
Consumer [Member]
Major Classifications of Loans [Abstract]
Loans	23,984	29,007
Consumer [Member] | First National Bank of Jackson [Member]
Major Classifications of Loans [Abstract]
Loans			4,644
Construction and Land [Member]
Major Classifications of Loans [Abstract]
Loans	92,648	136,138
Construction and Land [Member] | First National Bank of Jackson [Member]
Major Classifications of Loans [Abstract]
Loans			3,116
All Other [Member]
Major Classifications of Loans [Abstract]
Loans	$ 36,141	$ 29,868
All Other [Member] | First National Bank of Jackson [Member]
Major Classifications of Loans [Abstract]
Loans			$ 1,825

LOANS, Related Party Loans (Det

LOANS, Related Party Loans (Details) - Directors and Executive Officers [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)
Activity with respect to all director and executive officer loans [Roll Forward]
Balance, beginning of period	$ 13,990
Additions, including loans now meeting disclosure requirements	5,784
Amounts collected and loans no longer meeting disclosure requirements	(3,527)
Balance, end of period	$ 16,247

LOANS, Activity in the Allowanc

LOANS, Activity in the Allowance for Loan Losses by Portfolio Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	$ 13,542	$ 13,738	$ 12,104
Provision (credit) for loan losses	3,450	1,250	2,315
Loans charged-off	(3,782)	(1,716)	(1,368)
Recoveries	306	270	687
Balance, end of period	13,516	13,542	13,738
Residential Real Estate [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	1,711	1,808	2,986
Provision (credit) for loan losses	592	73	(967)
Loans charged-off	(254)	(207)	(247)
Recoveries	22	37	36
Balance, end of period	2,071	1,711	1,808
Multifamily Real Estate [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	1,954	1,649	978
Provision (credit) for loan losses	413	298	676
Loans charged-off	(2,183)	0	(11)
Recoveries	0	7	6
Balance, end of period	184	1,954	1,649
Commercial Real Estate [Member] | Owner Occupied [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	2,441	2,120	1,653
Provision (credit) for loan losses	992	880	491
Loans charged-off	(566)	(565)	(25)
Recoveries	7	6	1
Balance, end of period	2,874	2,441	2,120
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	3,184	3,058	2,313
Provision (credit) for loan losses	2,168	178	839
Loans charged-off	(226)	(57)	(98)
Recoveries	3	5	4
Balance, end of period	5,129	3,184	3,058
Commercial and Industrial [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	1,767	1,897	1,101
Provision (credit) for loan losses	(235)	232	1,298
Loans charged-off	(47)	(418)	(545)
Recoveries	53	56	43
Balance, end of period	1,538	1,767	1,897
Consumer [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	281	351	328
Provision (credit) for loan losses	82	81	121
Loans charged-off	(194)	(193)	(156)
Recoveries	57	42	58
Balance, end of period	226	281	351
Construction and Land [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	1,724	2,255	2,408
Provision (credit) for loan losses	(721)	(517)	(533)
Loans charged-off	(114)	(14)	(20)
Recoveries	57	0	400
Balance, end of period	946	1,724	2,255
All Other [Member]
Activity in the allowance for loan losses by portfolio segment [Roll Forward]
Balance, beginning of period	480	600	337
Provision (credit) for loan losses	159	25	390
Loans charged-off	(198)	(262)	(266)
Recoveries	107	117	139
Balance, end of period	$ 548	$ 480	$ 600

LOANS, Purchased Loans (Details

LOANS, Purchased Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Purchased loans [Abstract]
Total carrying amount	$ 5,964	$ 7,981
Contractual principal balance	9,267	11,681
Carrying amount, net of allowance	5,964	7,981
Increase in loan allowance related to acquisitions	0	0
Accretable Yield [Roll Forward]
Beginning Balance	619	642	$ 754
New loans purchased	0	318	139
Accretion of income	(82)	(180)	(134)
Loans placed on non-accrual	0	(82)	(63)
Income recognized upon full repayment	(68)	(79)	(38)
Reclassifications from non-accretable difference	0	0	(16)
Disposals	(192)	0	0
Ending Balance	277	619	$ 642
Residential Real Estate [Member]
Purchased loans [Abstract]
Total carrying amount	2,092	2,565
Commercial Real Estate [Member] | Owner Occupied [Member]
Purchased loans [Abstract]
Total carrying amount	1,012	1,804
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Purchased loans [Abstract]
Total carrying amount	2,357	2,628
Commercial and Industrial [Member]
Purchased loans [Abstract]
Total carrying amount	16	305
Consumer [Member]
Purchased loans [Abstract]
Total carrying amount	9	22
Construction and Land [Member]
Purchased loans [Abstract]
Total carrying amount	368	483
All Other [Member]
Purchased loans [Abstract]
Total carrying amount	110	$ 174
First National Bank of Jackson [Member] | Purchased Loans [Member]
Purchased loans [Abstract]
Total carrying amount	1,333
Accretable Yield [Roll Forward]
Acquired loans contractually required payment	1,704
Acquired loans expected cash flows	1,651
First Bank of Charleston, Inc [Member] | Purchased Loans [Member]
Purchased loans [Abstract]
Total carrying amount	7,641
Accretable Yield [Roll Forward]
Acquired loans contractually required payment	9,876
Acquired loans expected cash flows	$ 7,780

LOANS, Past Due and Non-perform

LOANS, Past Due and Non-performing Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Past due and non performing loans [Abstract]
Principal Owed on Non-accrual Loans	$ 12,403	$ 18,368
Recorded Investment in Non-accrual Loans	8,996	14,437
Loans Past Due Over 90 Days, still accruing	2,332	2,228
Residential Real Estate [Member]
Past due and non performing loans [Abstract]
Principal Owed on Non-accrual Loans	5,144	5,801
Recorded Investment in Non-accrual Loans	3,955	4,618
Loans Past Due Over 90 Days, still accruing	1,348	1,425
Multifamily Real Estate [Member]
Past due and non performing loans [Abstract]
Principal Owed on Non-accrual Loans		4,113
Recorded Investment in Non-accrual Loans		3,726
Loans Past Due Over 90 Days, still accruing		0
Commercial Real Estate [Member] | Owner Occupied [Member]
Past due and non performing loans [Abstract]
Principal Owed on Non-accrual Loans	2,601	3,399
Recorded Investment in Non-accrual Loans	2,103	2,995
Loans Past Due Over 90 Days, still accruing	7	0
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Past due and non performing loans [Abstract]
Principal Owed on Non-accrual Loans	3,305	3,120
Recorded Investment in Non-accrual Loans	2,230	1,852
Loans Past Due Over 90 Days, still accruing	975	340
Commercial and Industrial [Member]
Past due and non performing loans [Abstract]
Principal Owed on Non-accrual Loans	1,173	1,026
Recorded Investment in Non-accrual Loans	604	420
Loans Past Due Over 90 Days, still accruing	0	451
Consumer [Member]
Past due and non performing loans [Abstract]
Principal Owed on Non-accrual Loans	168	364
Recorded Investment in Non-accrual Loans	94	313
Loans Past Due Over 90 Days, still accruing	1	9
Construction and Land [Member]
Past due and non performing loans [Abstract]
Principal Owed on Non-accrual Loans	12	470
Recorded Investment in Non-accrual Loans	10	440
Loans Past Due Over 90 Days, still accruing	$ 1	3
All Other [Member]
Past due and non performing loans [Abstract]
Principal Owed on Non-accrual Loans		75
Recorded Investment in Non-accrual Loans		73
Loans Past Due Over 90 Days, still accruing		$ 0

LOANS, Past Due Aging Analysis

LOANS, Past Due Aging Analysis (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Aging of recorded investment in past due loans [Abstract]
Total Loans	$ 1,214,378	$ 1,195,295
Total Past Due	13,201	25,213
Loans Not Past Due	1,201,177	1,170,082
30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total Past Due	6,482	15,064
Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total Past Due	6,719	10,149
Residential Real Estate [Member]
Aging of recorded investment in past due loans [Abstract]
Total Loans	378,659	389,985
Total Past Due	7,168	12,671
Loans Not Past Due	371,491	377,314
Residential Real Estate [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total Past Due	3,978	9,479
Residential Real Estate [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total Past Due	3,190	3,192
Multifamily Real Estate [Member]
Aging of recorded investment in past due loans [Abstract]
Total Loans	37,978	36,684
Total Past Due	32	3,726
Loans Not Past Due	37,946	32,958
Multifamily Real Estate [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total Past Due	32	0
Multifamily Real Estate [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total Past Due	0	3,726
Commercial Real Estate [Member] | Owner Occupied [Member]
Aging of recorded investment in past due loans [Abstract]
Total Loans	164,706	164,218
Total Past Due	2,011	1,536
Loans Not Past Due	162,695	162,682
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	1,197	337
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	814	1,199
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Aging of recorded investment in past due loans [Abstract]
Total Loans	329,031	304,316
Total Past Due	3,183	1,855
Loans Not Past Due	325,848	302,461
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	987	838
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total Past Due	2,196	1,017
Commercial and Industrial [Member]
Aging of recorded investment in past due loans [Abstract]
Total Loans	90,062	105,079
Total Past Due	551	953
Loans Not Past Due	89,511	104,126
Commercial and Industrial [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total Past Due	75	245
Commercial and Industrial [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total Past Due	476	708
SBA PPP [Member]
Aging of recorded investment in past due loans [Abstract]
Total Loans	61,169	0
Total Past Due	0
Loans Not Past Due	61,169
SBA PPP [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total Past Due	0
SBA PPP [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total Past Due	0
Consumer [Member]
Aging of recorded investment in past due loans [Abstract]
Total Loans	23,984	29,007
Total Past Due	228	539
Loans Not Past Due	23,756	28,468
Consumer [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total Past Due	190	309
Consumer [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total Past Due	38	230
Construction and Land [Member]
Aging of recorded investment in past due loans [Abstract]
Total Loans	92,648	136,138
Total Past Due	5	3,860
Loans Not Past Due	92,643	132,278
Construction and Land [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total Past Due	0	3,856
Construction and Land [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total Past Due	5	4
All Other [Member]
Aging of recorded investment in past due loans [Abstract]
Total Loans	36,141	29,868
Total Past Due	23	73
Loans Not Past Due	36,118	29,795
All Other [Member] | 30-89 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total Past Due	23	0
All Other [Member] | Greater Than 90 Days Past Due [Member]
Aging of recorded investment in past due loans [Abstract]
Total Past Due	$ 0	$ 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	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	$ 999	$ 3,102
Collectively evaluated for impairment, allowance for loan losses	12,517	10,440
Total allowance for loan losses	13,516	13,542	$ 13,738	$ 12,104
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	4,429	11,413
Collectively evaluated for impairment, loan balances	1,203,985	1,175,901
Total Loans	1,214,378	1,195,295
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	689	758
Total Loans	5,964	7,981
Residential Real Estate [Member]
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	0	0
Collectively evaluated for impairment, allowance for loan losses	2,071	1,711
Total allowance for loan losses	2,071	1,711	1,808	2,986
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	57	63
Collectively evaluated for impairment, loan balances	376,510	387,357
Total Loans	378,659	389,985
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	2,092	2,565
Multifamily Real Estate [Member]
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	0	1,737
Collectively evaluated for impairment, allowance for loan losses	184	217
Total allowance for loan losses	184	1,954	1,649	978
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	0	3,726
Collectively evaluated for impairment, loan balances	37,978	32,958
Total Loans	37,978	36,684
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	240	653
Collectively evaluated for impairment, allowance for loan losses	2,634	1,788
Total allowance for loan losses	2,874	2,441	2,120	1,653
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	1,981	2,685
Collectively evaluated for impairment, loan balances	161,713	159,729
Total Loans	164,706	164,218
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	1,012	1,804
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	385	271
Collectively evaluated for impairment, allowance for loan losses	4,744	2,913
Total allowance for loan losses	5,129	3,184	3,058	2,313
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	1,843	3,830
Collectively evaluated for impairment, loan balances	324,831	297,858
Total Loans	329,031	304,316
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	2,357	2,628
Commercial and Industrial [Member]
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	374	390
Collectively evaluated for impairment, allowance for loan losses	1,164	1,377
Total allowance for loan losses	1,538	1,767	1,897	1,101
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	548	678
Collectively evaluated for impairment, loan balances	89,498	104,096
Total Loans	90,062	105,079
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	16	305
SBA PPP [Member]
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	0
Collectively evaluated for impairment, allowance for loan losses	0
Total allowance for loan losses	0
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	0
Collectively evaluated for impairment, loan balances	61,169
Total Loans	61,169	0
SBA PPP [Member] | Acquired with Deteriorated Credit Quality [Member]
Allowance for Loan Losses [Abstract]
Total allowance for loan losses	0
Loans Balances [Abstract]
Total Loans	0
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	226	281
Total allowance for loan losses	226	281	351	328
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	0	0
Collectively evaluated for impairment, loan balances	23,975	28,985
Total Loans	23,984	29,007
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	9	22
Construction and Land [Member]
Allowance for Loan Losses [Abstract]
Individually evaluated for impairment, allowance for loan losses	0	51
Collectively evaluated for impairment, allowance for loan losses	946	1,673
Total allowance for loan losses	946	1,724	2,255	2,408
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	0	431
Collectively evaluated for impairment, loan balances	92,280	135,224
Total Loans	92,648	136,138
Construction and Land [Member] | Acquired with Deteriorated Credit Quality [Member]
Allowance for Loan Losses [Abstract]
Total allowance for loan losses	0	0
Loans Balances [Abstract]
Total Loans	368	483
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	548	480
Total allowance for loan losses	548	480	$ 600	$ 337
Loans Balances [Abstract]
Individually evaluated for impairment, loan balances	0	0
Collectively evaluated for impairment, loan balances	36,031	29,694
Total Loans	36,141	29,868
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	$ 110	$ 174

LOANS, Individually Evaluated f

LOANS, Individually Evaluated for Impairment (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded	$ 4,617	$ 5,506
Unpaid principal balance with an allowance recorded	2,725	9,009
Unpaid principal balance, total	7,342	14,515
Recorded investment with no related allowance recorded	2,615	3,726
Recorded investment with an allowance recorded	2,503	8,445
Recorded investment, total	5,118	12,171
Allowance for loan losses allocated	999	3,102
Individually evaluated for impairment, loan balances	4,429	11,413
Acquired with Deteriorated Credit Quality [Member]
Loans individually evaluated for impairment [Abstract]
Individually evaluated for impairment, loan balances	689	758
Residential Real Estate [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded	175	188
Recorded investment with no related allowance recorded	57	63
Individually evaluated for impairment, loan balances	57	63
Multifamily Real Estate [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded		96
Unpaid principal balance with an allowance recorded		4,017
Recorded investment with no related allowance recorded		89
Recorded investment with an allowance recorded		3,637
Allowance for loan losses allocated		1,737
Individually evaluated for impairment, loan balances	0	3,726
Commercial Real Estate [Member] | Owner Occupied [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded	2,295	2,201
Unpaid principal balance with an allowance recorded	506	1,189
Recorded investment with no related allowance recorded	1,815	1,842
Recorded investment with an allowance recorded	490	1,162
Allowance for loan losses allocated	240	653
Individually evaluated for impairment, loan balances	1,981	2,685
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded	1,638	2,512
Unpaid principal balance with an allowance recorded	1,638	2,654
Recorded investment with no related allowance recorded	743	1,732
Recorded investment with an allowance recorded	1,465	2,537
Allowance for loan losses allocated	385	271
Individually evaluated for impairment, loan balances	1,843	3,830
Commercial and Industrial [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with no related allowance recorded	509	509
Unpaid principal balance with an allowance recorded	581	689
Recorded investment with no related allowance recorded	0	0
Recorded investment with an allowance recorded	548	678
Allowance for loan losses allocated	374	390
Individually evaluated for impairment, loan balances	548	678
Construction and Land [Member]
Loans individually evaluated for impairment [Abstract]
Unpaid principal balance with an allowance recorded		460
Recorded investment with an allowance recorded		431
Allowance for loan losses allocated		51
Individually evaluated for impairment, loan balances	$ 0	$ 431

LOANS, Average Balance of Loans

LOANS, Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average Recorded Investment	$ 8,918	$ 17,038	$ 20,208
Interest Income Recognized	94	854	536
Cash Basis Interest Recognized	94	854	527
Residential Real Estate [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average Recorded Investment	60	186	300
Interest Income Recognized	0	0	0
Cash Basis Interest Recognized	0	0	0
Multifamily Real Estate [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average Recorded Investment	2,246	3,803	2,534
Interest Income Recognized	0	0	11
Cash Basis Interest Recognized	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	2,119	3,624	3,094
Interest Income Recognized	12	15	57
Cash Basis Interest Recognized	12	15	57
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average Recorded Investment	3,526	8,062	9,226
Interest Income Recognized	75	712	412
Cash Basis Interest Recognized	75	712	412
Commercial and Industrial [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average Recorded Investment	701	549	904
Interest Income Recognized	7	4	22
Cash Basis Interest Recognized	7	4	22
Construction and Land [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average Recorded Investment	266	814	3,977
Interest Income Recognized	0	123	24
Cash Basis Interest Recognized	0	123	15
All Other [Member]
Average Balance of Loans Individually Evaluated for Impairment and Interest Income Recognized [Abstract]
Average Recorded Investment	0	0	173
Interest Income Recognized	0	0	10
Cash Basis Interest Recognized	$ 0	$ 0	$ 10

LOANS, Troubled-Debt Restructur

LOANS, Troubled-Debt Restructurings (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)Loan	Dec. 31, 2019USD ($)Loan
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual	$ 875	$ 5,021
Other TDR's	398	3,020
Total TDR's	1,273	8,041
Specific reserves allocated to loans that have restructured terms	276	2,471
Provision for loan losses on restructured loans	96	929
Commitments to lend additional amounts to borrowers	0	$ 0
New TDR's occurred during the period | Loan		0
TDR's with payment defaults within 12 months after modification	0
Residential Real Estate [Member]
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual	19	$ 32
Other TDR's	203	157
Total TDR's	$ 222	189
New TDR's occurred during the period | Loan	1
New TDR's occurred during the period	$ 56
TDR's with payment defaults within 12 months after modification		0
Multifamily Real Estate [Member]
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual		3,636
Other TDR's		0
Total TDR's		3,636
Commercial Real Estate [Member] | Owner Occupied [Member]
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual	0	1,162
Other TDR's	195	207
Total TDR's	195	1,369
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual	856	0
Other TDR's	0	2,656
Total TDR's	$ 856	2,656
Commercial and Industrial [Member]
Troubled Debt Restructurings [Abstract]
TDR's on Non-accrual		191
Other TDR's		0
Total TDR's		$ 191

LOANS, Loan Modifications under

LOANS, Loan Modifications under CARES Act (Details) $ in Thousands	Dec. 31, 2020USD ($)
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	$ 37,646
Modified to Interest Only Payment [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	31,932
Modified to Defer Principal and Interest Payment [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	5,714
Residential Real Estate [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	898
Residential Real Estate [Member] | Modified to Interest Only Payment [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	560
Residential Real Estate [Member] | Modified to Defer Principal and Interest Payment [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	338
Multifamily Real Estate [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	667
Multifamily Real Estate [Member] | Modified to Interest Only Payment [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	667
Multifamily Real Estate [Member] | Modified to Defer Principal and Interest Payment [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	0
Commercial Real Estate [Member] | Owner Occupied [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	10,963
Commercial Real Estate [Member] | Owner Occupied [Member] | Modified to Interest Only Payment [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	10,567
Commercial Real Estate [Member] | Owner Occupied [Member] | Modified to Defer Principal and Interest Payment [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	396
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	17,873
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Modified to Interest Only Payment [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	17,659
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Modified to Defer Principal and Interest Payment [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	214
Commercial and Industrial [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	898
Commercial and Industrial [Member] | Modified to Interest Only Payment [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	0
Commercial and Industrial [Member] | Modified to Defer Principal and Interest Payment [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	898
Consumer [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	26
Consumer [Member] | Modified to Interest Only Payment [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	7
Consumer [Member] | Modified to Defer Principal and Interest Payment [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	19
Construction and Land [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	6,321
Construction and Land [Member] | Modified to Interest Only Payment [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	2,472
Construction and Land [Member] | Modified to Defer Principal and Interest Payment [Member]
Loan Modifications under CARES Act [Abstract]
Loans modified under provisions of the CARES Act	$ 3,849

LOANS, Risk Category of Loans b

LOANS, Risk Category of Loans by Class of Loans, Credit Quality Indicators (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)Loan	Dec. 31, 2019USD ($)
Risk Category of Loans by Class of Loans [Abstract]
Loans	$ 1,214,378	$ 1,195,295
Payment deferrals under the CARES Act	0
Residential Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	378,659	389,985
Multifamily Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	37,978	36,684
Commercial Real Estate [Member] | Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	164,706	164,218
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	329,031	304,316
Commercial and Industrial [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	90,062	105,079
SBA PPP [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	61,169	0
Consumer [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	23,984	29,007
Construction and Land [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	92,648	136,138
All Other [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	36,141	29,868
Pass [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	1,163,337	1,128,603
Pass [Member] | Residential Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	365,397	374,835
Pass [Member] | Multifamily Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	35,412	28,103
Pass [Member] | Commercial Real Estate [Member] | Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	155,707	152,695
Pass [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	312,139	290,096
Pass [Member] | Commercial and Industrial [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	84,948	101,085
Pass [Member] | SBA PPP [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	61,169
Pass [Member] | Consumer [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	23,837	28,618
Pass [Member] | Construction and Land [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	88,587	123,473
Pass [Member] | All Other [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	36,141	29,698
Special Mention [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	31,889	36,735
Special Mention [Member] | Non-Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Payment deferrals under the CARES Act	$ 3,800
Number of loans | Loan	1
Special Mention [Member] | Residential Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	$ 3,093	3,477
Special Mention [Member] | Multifamily Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	2,566	4,855
Special Mention [Member] | Commercial Real Estate [Member] | Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	4,686	5,123
Special Mention [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	13,959	8,617
Special Mention [Member] | Commercial and Industrial [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	3,747	2,693
Special Mention [Member] | SBA PPP [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	0
Special Mention [Member] | Consumer [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	5	5
Special Mention [Member] | Construction and Land [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	3,833	11,868
Special Mention [Member] | All Other [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	0	97
Substandard [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	19,152	29,957
Substandard [Member] | Residential Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	10,169	11,673
Payment deferrals under the CARES Act	$ 38
Number of loans | Loan	1
Substandard [Member] | Multifamily Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	$ 0	3,726
Substandard [Member] | Commercial Real Estate [Member] | Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	4,313	6,400
Substandard [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	2,933	5,603
Substandard [Member] | Commercial and Industrial [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	1,367	1,301
Substandard [Member] | SBA PPP [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	0
Substandard [Member] | Consumer [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	142	384
Substandard [Member] | Construction and Land [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	228	797
Substandard [Member] | All Other [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	0	73
Doubtful [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	0	0
Doubtful [Member] | Residential Real Estate [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	0	0
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] | SBA PPP [Member]
Risk Category of Loans by Class of Loans [Abstract]
Loans	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

PREMISES AND EQUIPMENT (Details

PREMISES AND EQUIPMENT (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Premises and Equipment [Abstract]
Premises and equipment, gross	$ 46,475	$ 47,061
Less: accumulated depreciation	(17,910)	(16,956)
Premises and equipment owned, net	28,565	30,105
Right of use asset related to operating leases (detailed below)	6,722	7,152
Premises and equipment owned, net	$ 35,287	$ 37,257
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Premises and equipment owned, net	Premises and equipment owned, net
Operating Leases [Abstract]
Weighed average remaining lease term	8 years 8 months 12 days
Weighted average discount rate used in measurement of operating lease liabilities	0.89%
Lease Expenses [Abstract]
Total lease expense	$ 1,363	$ 1,241
Short-term lease expense	163	103
Operating lease expense	1,200	1,138
Future Minimum Rental Commitments under Operating Leases [Abstract]
2021	1,067
2022	1,050
2023	805
2024	680
2025	681
2026 and thereafter	2,813
Total undiscounted cash flows	7,096
Discounted cash flows	(374)
Total lease liability	$ 6,722
Operating Lease, Liability, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilities
Minimum [Member]
Operating Leases [Abstract]
Term of leases	2 years
Maximum [Member]
Operating Leases [Abstract]
Term of leases	16 years
Land and Improvements [Member]
Premises and Equipment [Abstract]
Premises and equipment, gross	$ 7,455	7,500
Buildings and Leasehold Improvements [Member]
Premises and Equipment [Abstract]
Premises and equipment, gross	26,577	26,777
Furniture and Equipment [Member]
Premises and Equipment [Abstract]
Premises and equipment, gross	12,393	12,224
Assets Purchased not yet Placed in Service [Member]
Premises and Equipment [Abstract]
Premises and equipment, gross	$ 50	$ 560

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Goodwill [Roll Forward]
Beginning of year	$ 47,640	$ 47,640	$ 35,371
Acquired goodwill	0	0	12,269
Impairment	0	0	0
End of year	47,640	47,640	47,640
Other Intangible Assets [Abstract]
Aggregate intangible amortization expense	952	885	$ 778
Estimated amortization expense [Abstract]
2021	882
2022	686
2023	612
2024	606
2025	606
Thereafter	1,032
Total	4,424	5,376
Core Deposits [Member]
Other Intangible Assets [Abstract]
Gross carrying amount	8,702	8,702
Accumulated amortization	$ (4,278)	$ (3,326)

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Time deposits maturity schedule [Abstract]
2021	$ 238,490
2022	47,809
2023	17,303
2024	11,471
2025	10,422
Thereafter	58
Total	325,553
Time deposits from certain directors and executive officers	$ 10,605	$ 11,355

SECURITIES SOLD UNDER AGREEME_3

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Summary of information concerning securities sold under agreements to repurchase [Abstract]
Year-end balance	$ 33,827	$ 20,428
Average balance during the year	$ 26,528	$ 21,704
Average interest rate during the year	0.26%	0.32%
Maximum month-end balance during the year	$ 33,827	$ 23,020
Weighted average interest rate at year-end	0.38%	0.49%
Minimum [Member]
Assets Sold under Agreements to Repurchase [Line Items]
Maturity of repurchase agreements	1 day
Maximum [Member]
Assets Sold under Agreements to Repurchase [Line Items]
Maturity of repurchase agreements	90 days

FEDERAL HOME LOAN BANK ADVANC_2

FEDERAL HOME LOAN BANK ADVANCES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Federal Home Loan Bank Advances [Abstract]
Payments for FHLBank advance	$ 6,400	$ 2,500	$ 19,500
Average interest rate	2.08%
FHLB borrowings with original maturities greater than one-year	$ 6,375
Minimum [Member]
Federal Home Loan Bank Advances [Abstract]
Interest rate	1.77%
Maximum [Member]
Federal Home Loan Bank Advances [Abstract]
Interest rate	2.33%
FHLB-Cin [Member]
Federal Home Loan Bank Advances [Abstract]
Federal Home Loan Bank Advances, borrowing capacity	$ 62,149
FHLB-Pitt [Member]
Federal Home Loan Bank Advances [Abstract]
Federal Home Loan Bank Advances, borrowing capacity	465,236
Payments for FHLBank advance	$ 6,375	$ 2,500

SUBORDINATED DEBENTURES (Detail

SUBORDINATED DEBENTURES (Details) - First National Bankshares Corporation [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Debt Instruments [Abstract]
Junior subordinated debenture issued	$ 6,186
Effective interest rate	3.159%	4.884%
Maturity date	Apr. 24, 2034
Debt redemption price percentage	100.00%
Investment in common stock	$ 186	$ 186
LIBOR [Member]
Debt Instruments [Abstract]
Term of variable rate	3 months
Basis spread on variable interest rate	2.95%

NOTES PAYABLE AND OTHER BORRO_2

NOTES PAYABLE AND OTHER BORROWED FUNDS (Details) - First Guaranty Bank of Hammond, Louisiana [Member] - Term Borrowing [Member] $ in Thousands	Aug. 26, 2015USD ($)Payment	Jun. 30, 2012	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Debt Instruments [Abstract]
Borrowing date			Aug. 26, 2015
Initial borrowing amount	$ 12,000
Interest rate	4.00%
Frequency of periodic payment			monthly
Number of periodic payments | Payment	59
Periodic payment, principal	$ 143
Balloon payment	3,575
Maturity date			Aug. 26, 2020
Collateral pledge of subsidiary		25.00%
Term note disbursement amount	11,946
Term note unused borrowing amount	$ 54
Percentage of voting stock owned in lending bank by related party	23.80%
Outstanding principal balance			$ 0	$ 0
Previous Promissory Note to First Guaranty [Member]
Debt Instruments [Abstract]
Proceeds used to pay off other borrowings	$ 4,500
Term Note to Bankers' Bank [Member]
Debt Instruments [Abstract]
Proceeds used to pay off other borrowings	5,400
Line of Credit with Bankers' Bank [Member]
Debt Instruments [Abstract]
Proceeds used to pay off other borrowings	$ 2,000

NOTES PAYABLE AND OTHER BORRO_3

NOTES PAYABLE AND OTHER BORROWED FUNDS, Line of Credit Facility (Details) - USD ($) $ in Thousands	Sep. 24, 2020	Dec. 31, 2020	Dec. 31, 2019	Jun. 28, 2019	Jun. 27, 2019	Aug. 26, 2015
First Guaranty Bank of Hammond, Louisiana [Member] | Line of Credit Extension [Member]
Line of Credit Facility [Abstract]
Initial borrowing date		Jun. 30, 2012
Maximum borrowing capacity				$ 6,000	$ 3,000
Outstanding balance		$ 0	$ 0
First Guaranty Bank of Hammond, Louisiana [Member] | Line of Credit Extension [Member] | Prime Rate [Member]
Line of Credit Facility [Abstract]
Description of variable rate basis		“Wall Street Journal” prime rate
Variable interest rate basis				3.25%
Interest rate floor				4.25%
First Guaranty Bank of Hammond, Louisiana [Member] | Line of Credit Extension Two [Member]
Line of Credit Facility [Abstract]
Expiration date		Jun. 30, 2022
Bankers' Bank of Kentucky, Inc. of Frankfort Kentucky [Member] | Line of Credit [Member]
Line of Credit Facility [Abstract]
Initial borrowing date		Sep. 24, 2020
Expiration date		Sep. 7, 2021
Maximum borrowing capacity	$ 5,000					$ 5,000
Collateral pledge of subsidiary	100.00%
Outstanding balance		$ 0	$ 0
Bankers' Bank of Kentucky, Inc. of Frankfort Kentucky [Member] | Line of Credit [Member] | Prime Rate [Member]
Line of Credit Facility [Abstract]
Description of variable rate basis		“JP Morgan Chase” prime rate
Variable interest rate basis	3.25%
Interest rate floor	4.00%

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Components of the provision (benefit) for income taxes [Abstract]
Current	$ 5,839	$ 6,476	$ 5,782
Deferred	472	563	120
Change in valuation allowance	0	(14)	(4)
Provision for income taxes	6,311	7,025	5,898
Deferred tax assets [Abstract]
Allowance for loan losses	3,045	2,969
Purchase accounting adjustments	296	605
Net operating loss carryforward	369	453
Alternative minimum tax credit carryforward	0	3
Write-downs of other real estate owned	479	374
Taxable income on non-accrual loans	909	981
Accrued expenses	220	278
Other	13	16
Total deferred tax assets	5,331	5,679
Deferred tax liabilities [Abstract]
Amortization of intangibles	(3,097)	(3,072)
Depreciation	(1,337)	(1,320)
Federal Home Loan Bank dividends	(265)	(267)
Deferred loan fees	(672)	(588)
Unrealized gain on investment securities	(2,504)	(984)
Other	(101)	(101)
Total deferred tax liabilities	(7,976)	(6,332)
Valuation allowance on deferred tax assets	(158)	(158)
Net deferred taxes	(2,803)	(811)
Analysis of the Differences Between the Effective Tax Rates and the Statutory U.S. Federal Income Tax Rate [Abstract]
U.S. federal income tax rate	6,037	6,556	5,474
Changes from the statutory rate [Abstract]
State income taxes, net	566	693	518
Tax-exempt interest income	(246)	(163)	(143)
Non-deductible interest expense related to carrying tax-exempt interest earning assets	16	15	11
Non-deductible stock compensation expense, net	25	28	12
Tax credits, net	(96)	(134)	(71)
Change in valuation allowance	0	14	4
Other	9	16	93
Provision for income taxes	$ 6,311	$ 7,025	$ 5,898
Analysis of the Differences Between the Effective Tax Rate and the U.S. Federal Income Tax Rate [Abstract]
U.S. federal income tax rate	21.00%	21.00%	21.00%
Changes from the statutory rate [Abstract]
State income taxes, net	2.00%	2.20%	2.00%
Tax-exempt interest income	(0.90%)	(0.50%)	(0.50%)
Non-deductible interest expense related to carrying tax-exempt interest earning assets	0.10%	0.00%	0.00%
Non-deductible stock compensation expense, net	0.10%	0.10%	0.00%
Tax credits, net	(0.30%)	(0.40%)	(0.30%)
Change in valuation allowance	0.00%	0.00%	0.00%
Other	0.00%	0.10%	0.40%
Provision for income taxes	22.00%	22.50%	22.60%
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense [Abstract]
Income tax penalties expense	$ 0	$ 0	$ 0
Interest on income taxes expense	0	0	0
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued [Abstract]
Income tax penalties accrued	0	0	0
Interest on income taxes accrued	0	0	$ 0
Federal [Member]
Operating Loss Carryforwards [Abstract]
Operating loss carryforwards	$ 1,006
Expiration dates	Dec. 31, 2022
Various States [Member]
Operating Loss Carryforwards [Abstract]
Operating loss carryforwards	$ 2,425
Expiration dates	Dec. 31, 2022
District of Columbia [Member]
Operating Loss Carryforwards [Abstract]
Valuation allowance for net operating loss carryforwards not expected to be utilized before expiration	$ 158	$ 158

EMPLOYEE BENEFIT PLANS (Details

EMPLOYEE BENEFIT PLANS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
EMPLOYEE BENEFIT PLANS [Abstract]
Total contributions to the plans	$ 589	$ 587	$ 557

STOCK COMPENSATION EXPENSE (Det

STOCK COMPENSATION EXPENSE (Details) - USD ($) $ / shares in Units, $ in Thousands	Jun. 09, 2020	Mar. 18, 2020	Apr. 17, 2019	Mar. 20, 2019	Apr. 25, 2018	Mar. 21, 2018	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2012
Stock Compensation Expense [Abstract]
Grants (in shares)							74,025	72,075	67,875
Grants (in dollars per share)							$ 8.50	$ 15.57	$ 15.12
Stock price volatility calculation base term							3 years
Compensation expense							$ 280	$ 301	$ 252
Options Exercised (in shares)							6,187	26,979	28,151
Unrecognized stock-based compensation expense							$ 62
Unrecognized stock-based compensation, period of recognition							26 months
2012 Long Term Incentive Plan [Member]
Stock Compensation Expense [Abstract]
Number of shares authorized (in shares)										687,500
Subsequent periods over which common stock is to be reserved for stock based incentive programs										10 years
2012 Long Term Incentive Plan [Member] | Award Granted On March 18, 2020 [Member] | Stock Options [Member]
Stock Compensation Expense [Abstract]
Grants (in shares)		74,025
Grants (in dollars per share)		$ 8.50
Stock option vesting period							3 years
2012 Long Term Incentive Plan [Member] | Granted on March 20, 2019 [Member] | Stock Options [Member]
Stock Compensation Expense [Abstract]
Grants (in shares)				72,075
Grants (in dollars per share)				$ 15.57
Stock option vesting period							3 years
2012 Long Term Incentive Plan [Member] | Granted On March 21, 2018 [Member] | Stock Options [Member]
Stock Compensation Expense [Abstract]
Grants (in shares)						67,875
Grants (in dollars per share)						$ 15.12
Stock option vesting period							3 years
2012 Long Term Incentive Plan [Member] | Granted on June 9, 2020 [Member] | President and CEO [Member]
Stock Compensation Expense [Abstract]
Grants (in shares)	11,000
Fair value of shares granted (in dollars per share)	$ 14.54
Compensation expense	$ 160
2012 Long Term Incentive Plan [Member] | Granted on April 17, 2019 [Member] | President and CEO [Member]
Stock Compensation Expense [Abstract]
Grants (in shares)			7,500
Fair value of shares granted (in dollars per share)			$ 16.78
Compensation expense			$ 126
2012 Long Term Incentive Plan [Member] | Granted on April 25, 2018 [Member] | President and CEO [Member]
Stock Compensation Expense [Abstract]
Grants (in shares)					7,500
Fair value of shares granted (in dollars per share)					$ 15.82
Compensation expense					$ 119

STOCK COMPENSATION EXPENSE, Ass

STOCK COMPENSATION EXPENSE, Assumptions (Details) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Assumptions used in the Black-Scholes option-pricing model [Abstract]
Risk-free interest rate	0.79%	2.34%	2.69%
Expected option life	5 years 1 month 9 days	5 years 5 months 23 days	5 years 4 months 13 days
Expected stock price volatility	25.45%	28.45%	22.47%
Dividend yield	7.06%	3.85%	3.17%
Weighted average fair value of options granted during the year (in dollars per share)	$ 0.71	$ 2.91	$ 2.49

STOCK COMPENSATION EXPENSE, Sto

STOCK COMPENSATION EXPENSE, Stock Options Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Options [Roll Forward]
Outstanding at beginning of year (in shares)	332,641	298,383	262,811
Grants (in shares)	74,025	72,075	67,875
Exercises (in shares)	(6,187)	(26,979)	(28,151)
Forfeitures or expired (in shares)	(1)	(10,838)	(4,152)
Outstanding at year-end (in shares)	400,478	332,641	298,383
Exercisable at year-end (in shares)	257,535	200,123	172,577
Weighted Average Exercise Price [Abstract]
Outstanding at beginning of year (in dollars per share)	$ 12.54	$ 11.66	$ 10.63
Grants (in dollars per share)	8.50	15.57	15.12
Exercises (in dollars per share)	6.16	10.13	10.12
Forfeitures or expired (in dollars per share)	6.47	14.21	13.91
Outstanding at end of period (in dollars per share)	11.90	12.54	11.66
Exercisable (in dollars per share)	$ 11.92	$ 10.67	$ 9.55
Weighted average remaining life of options outstanding	5 years	5 years	5 years 2 months 12 days

STOCK COMPENSATION EXPENSE, Aut

STOCK COMPENSATION EXPENSE, Authorized Stock Options By Exercise Price Range (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)$ / sharesshares
Additional Information Regarding Stock Options Outstanding and Exercisable [Abstract]
Outstanding, Number (in shares) | shares	400,478
Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 11.90
Outstanding, Aggregate Intrinsic Value | $	$ 931
Currently Exercisable, Number (in shares) | shares	257,534
Currently Exercisable, Weighted Average Remaining Contractual Life	4 years 11 months 15 days
Currently Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 11.92
Currently Exercisable, Aggregate Intrinsic Value | $	$ 576
$4.00 to $6.00 [Member]
Additional Information Regarding Stock Options Outstanding and Exercisable [Abstract]
Range of Exercise Prices, lower range limit (in dollars per share)	$ 4
Range of Exercise Prices, upper range limit (in dollars per share)	$ 6
Outstanding, Number (in shares) | shares	30,901
Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 5.29
Outstanding, Aggregate Intrinsic Value | $	$ 248
Currently Exercisable, Number (in shares) | shares	30,901
Currently Exercisable, Weighted Average Remaining Contractual Life	9 months 25 days
Currently Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 5.29
Currently Exercisable, Aggregate Intrinsic Value | $	$ 247
$8.01 to $10.00 [Member]
Additional Information Regarding Stock Options Outstanding and Exercisable [Abstract]
Range of Exercise Prices, lower range limit (in dollars per share)	$ 8.01
Range of Exercise Prices, upper range limit (in dollars per share)	$ 10
Outstanding, Number (in shares) | shares	89,740
Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 8.46
Outstanding, Aggregate Intrinsic Value | $	$ 433
Currently Exercisable, Number (in shares) | shares	15,715
Currently Exercisable, Weighted Average Remaining Contractual Life	2 years 2 months 19 days
Currently Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 8.28
Currently Exercisable, Aggregate Intrinsic Value | $	$ 79
$10.01 to $12.00 [Member]
Additional Information Regarding Stock Options Outstanding and Exercisable [Abstract]
Range of Exercise Prices, lower range limit (in dollars per share)	$ 10.01
Range of Exercise Prices, upper range limit (in dollars per share)	$ 12
Outstanding, Number (in shares) | shares	96,595
Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 10.70
Outstanding, Aggregate Intrinsic Value | $	$ 250
Currently Exercisable, Number (in shares) | shares	96,595
Currently Exercisable, Weighted Average Remaining Contractual Life	4 years 3 months 29 days
Currently Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 10.70
Currently Exercisable, Aggregate Intrinsic Value | $	$ 250
$14.01 to $16.00 [Member]
Additional Information Regarding Stock Options Outstanding and Exercisable [Abstract]
Range of Exercise Prices, lower range limit (in dollars per share)	$ 14.01
Range of Exercise Prices, upper range limit (in dollars per share)	$ 16
Outstanding, Number (in shares) | shares	183,242
Outstanding, Weighted Average Exercise Price (in dollars per share)	$ 15.32
Outstanding, Aggregate Intrinsic Value | $	$ 0
Currently Exercisable, Number (in shares) | shares	114,323
Currently Exercisable, Weighted Average Remaining Contractual Life	6 years 11 months 23 days
Currently Exercisable, Weighted Average Exercise Price (in dollars per share)	$ 15.25
Currently Exercisable, Aggregate Intrinsic Value | $	$ 0

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)Director	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Beneficial Ownership [Member]
Related Party Transactions [Abstract]
Expenses paid by the company to related parties	$ 752	$ 752	$ 742
Number of board of directors | Director	2
Beneficial Ownership [Member] | Minimum [Member]
Related Party Transactions [Abstract]
Ownership percentage	50.00%
Board of Directors [Member]
Related Party Transactions [Abstract]
Rent expense	$ 52	$ 52	$ 52

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Basic earnings per share [Abstract]
Income available to common stockholders	$ 22,438	$ 24,196	$ 20,168
Weighted average common shares outstanding (in shares)	14,667,756	14,639,775	13,634,439
Earnings per share (in dollars per share)	$ 1.53	$ 1.65	$ 1.48
Diluted earnings per share [Abstract]
Income available to common stockholders	$ 22,438	$ 24,196	$ 20,168
Weighted average common shares outstanding (in shares)	14,667,756	14,639,775	13,634,439
Add dilutive effects of potential additional common stock (in shares)	64,033	83,367	102,179
Weighted average common and dilutive potential Common shares outstanding (in shares)	14,731,789	14,723,142	13,736,618
Earnings per share assuming dilution (in dollars per share)	$ 1.52	$ 1.64	$ 1.47
Stock Options [Member]
Earnings Per Share [Abstract]
Securities not considered in computing diluted earnings per share (in shares)	183,242	0	0

FAIR VALUE, Carrying Amount and

FAIR VALUE, Carrying Amount and Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Financial assets [Abstract]
Securities available for sale	$ 421,190	$ 390,754
Carrying Amount [Member]
Financial assets [Abstract]
Cash and due from banks	199,170	89,154
Federal funds sold	11,306	5,902
Securities available for sale	421,190	390,754
Loans, net	1,200,862	1,181,753
Federal Home Loan Bank stock	4,166	4,450
Interest receivable	5,991	4,699
Financial liabilities [Abstract]
Deposits	1,633,740	1,495,753
Securities sold under agreements to repurchase	33,827	20,428
FHLB advances		6,375
Subordinated debt	5,475	5,436
Interest payable	360	912
Fair Value [Member]
Financial assets [Abstract]
Cash and due from banks	199,170	88,556
Federal funds sold	11,306	5,902
Securities available for sale	421,190	390,754
Loans, net	1,209,579	1,172,575
Interest receivable	5,991	4,699
Financial liabilities [Abstract]
Deposits	1,635,636	1,495,496
Securities sold under agreements to repurchase	33,827	20,428
FHLB advances		6,406
Subordinated debt	5,366	5,527
Interest payable	360	912
Fair Value [Member] | Level 1 [Member]
Financial assets [Abstract]
Cash and due from banks	198,820	88,556
Federal funds sold	11,306	5,902
Securities available for sale	0	0
Loans, net	0	0
Interest receivable	0	4
Financial liabilities [Abstract]
Deposits	1,308,188	1,070,610
Securities sold under agreements to repurchase	0	0
FHLB advances		0
Subordinated debt	0	0
Interest payable	4	15
Fair Value [Member] | Level 2 [Member]
Financial assets [Abstract]
Cash and due from banks	350	599
Federal funds sold	0	0
Securities available for sale	421,190	390,754
Loans, net	0	0
Interest receivable	1,301	1,110
Financial liabilities [Abstract]
Deposits	327,448	424,886
Securities sold under agreements to repurchase	33,827	20,428
FHLB advances		6,406
Subordinated debt	5,366	5,527
Interest payable	356	897
Fair Value [Member] | Level 3 [Member]
Financial assets [Abstract]
Cash and due from banks	0	0
Federal funds sold	0	0
Securities available for sale	0	0
Loans, net	1,209,579	1,172,575
Interest receivable	4,690	3,585
Financial liabilities [Abstract]
Deposits	0	0
Securities sold under agreements to repurchase	0	0
FHLB advances		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	Dec. 31, 2020	Dec. 31, 2019
Securities available for sale [Abstract]
Securities available for sale	$ 421,190	$ 390,754
Carrying Value [Member]
Securities available for sale [Abstract]
Securities available for sale	421,190	390,754
Fair Value [Member]
Securities available for sale [Abstract]
Securities available for sale	421,190	390,754
Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Securities available for sale [Abstract]
Securities available for sale	421,190	390,754
Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
U. S. Agency MBS - Residential [Member]
Securities available for sale [Abstract]
Securities available for sale	327,800	279,309
U. S. Agency CMO's - Residential [Member]
Securities available for sale [Abstract]
Securities available for sale	30,076	62,644
Total Mortgage-Backed Securities of Government Sponsored Agencies [Member]
Securities available for sale [Abstract]
Securities available for sale	357,876	341,953
U.S. Government Sponsored Agency Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	2,626	30,730
Obligations of States and Political Subdivisions [Member]
Securities available for sale [Abstract]
Securities available for sale	55,000	16,017
Other Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	5,688	2,054
Recurring [Member] | Carrying Value [Member]
Securities available for sale [Abstract]
Securities available for sale	421,190	390,754
Recurring [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Securities available for sale [Abstract]
Securities available for sale	421,190	390,754
Recurring [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | U. S. Agency MBS - Residential [Member] | Carrying Value [Member]
Securities available for sale [Abstract]
Securities available for sale	327,800	279,309
Recurring [Member] | U. S. Agency MBS - Residential [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Securities 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]
Securities available for sale [Abstract]
Securities available for sale	327,800	279,309
Recurring [Member] | U. S. Agency MBS - Residential [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | U. S. Agency CMO's - Residential [Member] | Carrying Value [Member]
Securities available for sale [Abstract]
Securities available for sale	30,076	62,644
Recurring [Member] | U. S. Agency CMO's - Residential [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Securities 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]
Securities available for sale [Abstract]
Securities available for sale	30,076	62,644
Recurring [Member] | U. S. Agency CMO's - Residential [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Total Mortgage-Backed Securities of Government Sponsored Agencies [Member] | Carrying Value [Member]
Securities available for sale [Abstract]
Securities available for sale	357,876	341,953
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]
Securities 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]
Securities available for sale [Abstract]
Securities available for sale	357,876	341,953
Recurring [Member] | Total Mortgage-Backed Securities of Government Sponsored Agencies [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | U.S. Government Sponsored Agency Securities [Member] | Carrying Value [Member]
Securities available for sale [Abstract]
Securities available for sale	2,626	30,730
Recurring [Member] | U.S. Government Sponsored Agency Securities [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Securities 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]
Securities available for sale [Abstract]
Securities available for sale	2,626	30,730
Recurring [Member] | U.S. Government Sponsored Agency Securities [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Obligations of States and Political Subdivisions [Member] | Carrying Value [Member]
Securities available for sale [Abstract]
Securities available for sale	55,000	16,017
Recurring [Member] | Obligations of States and Political Subdivisions [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Securities 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]
Securities available for sale [Abstract]
Securities available for sale	55,000	16,017
Recurring [Member] | Obligations of States and Political Subdivisions [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Other Securities [Member] | Carrying Value [Member]
Securities available for sale [Abstract]
Securities available for sale	5,688	2,054
Recurring [Member] | Other Securities [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Securities 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]
Securities available for sale [Abstract]
Securities available for sale	5,688	2,054
Recurring [Member] | Other Securities [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Securities available for sale [Abstract]
Securities available for sale	$ 0	$ 0

FAIR VALUE, Assets and Liabil_2

FAIR VALUE, Assets and Liabilities Measured at Fair Value on Nonrecurring Basis (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Assets [Abstract]
Total impaired loans	$ 1,504	$ 5,343
Total OREO	12,273	10,875
Impaired Loans, Additional Disclosure [Abstract]
Recorded investment in impaired loans carried at fair value	2,503	8,445
Valuation allowance for impaired loans	999	3,102
Impaired collateral dependent loans, provision for loan losses	837	953
Other Real Estate Owned, Additional Disclosure [Abstract]
Recorded investment in other real estate owned carried at fair value - gross	14,320	12,474
Valuation allowance for other real estate owned	2,047	1,599
Write downs	677	1,169
Multifamily Real Estate [Member]
Assets [Abstract]
Total impaired loans		1,900
Total OREO	10,838	9,588
Impaired Loans, Additional Disclosure [Abstract]
Valuation allowance for impaired loans		1,737
Residential Real Estate [Member]
Assets [Abstract]
Total OREO	206	249
Commercial Real Estate [Member] | Owner Occupied [Member]
Assets [Abstract]
Total impaired loans	250	509
Total OREO	829	288
Impaired Loans, Additional Disclosure [Abstract]
Valuation allowance for impaired loans	240	653
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Assets [Abstract]
Total impaired loans	1,080	2,266
Impaired Loans, Additional Disclosure [Abstract]
Valuation allowance for impaired loans	385	271
Commercial and Industrial [Member]
Assets [Abstract]
Total impaired loans	174	288
Impaired Loans, Additional Disclosure [Abstract]
Valuation allowance for impaired loans	374	390
Construction and Land [Member]
Assets [Abstract]
Total impaired loans		380
Total OREO	400	750
Impaired Loans, Additional Disclosure [Abstract]
Valuation allowance for impaired loans		51
Nonrecurring [Member] | Carrying Amount [Member]
Assets [Abstract]
Total impaired loans	1,504	5,343
Total OREO	12,273	10,875
Nonrecurring [Member] | Fair Value [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets [Abstract]
Total impaired loans	0	0
Total OREO	0	0
Nonrecurring [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Total impaired loans	0	0
Total OREO	0	0
Nonrecurring [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Total impaired loans	1,504	5,343
Total OREO	12,273	10,875
Nonrecurring [Member] | Multifamily Real Estate [Member] | Carrying Amount [Member]
Assets [Abstract]
Total impaired loans		1,900
Total OREO	10,838	9,588
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
Total OREO	0	0
Nonrecurring [Member] | Multifamily Real Estate [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Total impaired loans		0
Total OREO	0	0
Nonrecurring [Member] | Multifamily Real Estate [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Total impaired loans		1,900
Total OREO	10,838	9,588
Nonrecurring [Member] | Residential Real Estate [Member] | Carrying Amount [Member]
Assets [Abstract]
Total OREO	206	249
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
Nonrecurring [Member] | Residential Real Estate [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Total OREO	0	0
Nonrecurring [Member] | Residential Real Estate [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Total OREO	206	249
Nonrecurring [Member] | Commercial Real Estate [Member] | Owner Occupied [Member] | Carrying Amount [Member]
Assets [Abstract]
Total impaired loans	250	509
Total OREO	829	288
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
Total OREO	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
Total OREO	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	250	509
Total OREO	829	288
Nonrecurring [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Carrying Amount [Member]
Assets [Abstract]
Total impaired loans	1,080	2,266
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
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
Nonrecurring [Member] | Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Total impaired loans	1,080	2,266
Nonrecurring [Member] | Commercial and Industrial [Member] | Carrying Amount [Member]
Assets [Abstract]
Total impaired loans	174	288
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
Nonrecurring [Member] | Commercial and Industrial [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Total impaired loans	0	0
Nonrecurring [Member] | Commercial and Industrial [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Total impaired loans	174	288
Nonrecurring [Member] | Construction and Land [Member] | Carrying Amount [Member]
Assets [Abstract]
Total impaired loans		380
Total OREO	400	750
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
Total OREO	0	0
Nonrecurring [Member] | Construction and Land [Member] | Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Total impaired loans		0
Total OREO	0	0
Nonrecurring [Member] | Construction and Land [Member] | Fair Value [Member] | Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Total impaired loans		380
Total OREO	$ 400	$ 750

FAIR VALUE, Asset Quantitative

FAIR VALUE, Asset Quantitative Information (Details) $ in Thousands	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans	$ 1,504	$ 5,343
Other real estate owned	12,273	10,875
Multifamily Real Estate [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans		1,900
Other real estate owned	$ 10,838	$ 9,588
Other real estate owned, valuation technique [Extensible List]	Income Approach [Member]	Income Approach [Member]
Other real estate owned, measurement input [Extensible List]	Adjustment for Differences in Net Operating Income Expectations [Member]	Adjustment for Differences in Net Operating Income Expectations [Member]
Multifamily Real Estate [Member] | Minimum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.420	0.256
Multifamily Real Estate [Member] | Maximum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.704	0.256
Multifamily Real Estate [Member] | Weighted Average [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.455	0.256
Multifamily Real Estate [Member] | Sales Comparison [Member] | Adjustment for Estimated Realizable Value [Member] | Minimum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs		0.589
Multifamily Real Estate [Member] | Sales Comparison [Member] | Adjustment for Estimated Realizable Value [Member] | Maximum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs		0.589
Multifamily Real Estate [Member] | Sales Comparison [Member] | Adjustment for Estimated Realizable Value [Member] | Weighted Average [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs		0.589
Residential Real Estate [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned	$ 206	$ 249
Other real estate owned, valuation technique [Extensible List]	Sales Comparison [Member]	Sales Comparison [Member]
Other real estate owned, measurement input [Extensible List]	Adjustment for Estimated Realizable Value [Member]	Adjustment for Estimated Realizable Value [Member]
Residential Real Estate [Member] | Minimum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.002	0.002
Residential Real Estate [Member] | Maximum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.598	0.598
Residential Real Estate [Member] | Weighted Average [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.181	0.175
Commercial Real Estate [Member] | Owner Occupied [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans	$ 250	$ 509
Other real estate owned	$ 829	$ 288
Other real estate owned, valuation technique [Extensible List]	Sales Comparison [Member]	Sales Comparison [Member]
Other real estate owned, measurement input [Extensible List]	Adjustment for Estimated Realizable Value [Member]	Adjustment for Estimated Realizable Value [Member]
Commercial Real Estate [Member] | Owner Occupied [Member] | Minimum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.221	0.146
Commercial Real Estate [Member] | Owner Occupied [Member] | Maximum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.268	0.704
Commercial Real Estate [Member] | Owner Occupied [Member] | Weighted Average [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.252	0.340
Commercial Real Estate [Member] | Owner Occupied [Member] | Sales Comparison [Member] | Adjustment for Estimated Realizable Value [Member] | Minimum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.74	0.761
Commercial Real Estate [Member] | Owner Occupied [Member] | Sales Comparison [Member] | Adjustment for Estimated Realizable Value [Member] | Maximum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.74	0.761
Commercial Real Estate [Member] | Owner Occupied [Member] | Sales Comparison [Member] | Adjustment for Estimated Realizable Value [Member] | Weighted Average [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.74	0.761
Commercial Real Estate [Member] | Non-Owner Occupied [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans	$ 1,080	$ 2,266
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Income Approach [Member] | Adjustment for Differences in Net Operating Income Expectations [Member] | Minimum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.15	0.366
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Income Approach [Member] | Adjustment for Differences in Net Operating Income Expectations [Member] | Maximum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.37	0.674
Commercial Real Estate [Member] | Non-Owner Occupied [Member] | Income Approach [Member] | Adjustment for Differences in Net Operating Income Expectations [Member] | Weighted Average [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.25	0.606
Commercial and Industrial [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans	$ 174	$ 288
Commercial and Industrial [Member] | Sales Comparison [Member] | Adjustment for Estimated Realizable Value [Member] | Minimum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.50	0.250
Commercial and Industrial [Member] | Sales Comparison [Member] | Adjustment for Estimated Realizable Value [Member] | Maximum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.85	0.870
Commercial and Industrial [Member] | Sales Comparison [Member] | Adjustment for Estimated Realizable Value [Member] | Weighted Average [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs	0.62	0.436
Construction and Land [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans		$ 380
Other real estate owned	$ 400	$ 750
Other real estate owned, valuation technique [Extensible List]	Sales Comparison [Member]	Sales Comparison [Member]
Other real estate owned, measurement input [Extensible List]	Adjustment for Estimated Realizable Value [Member]	Adjustment for Estimated Realizable Value [Member]
Construction and Land [Member] | Minimum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.503	0.503
Construction and Land [Member] | Maximum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.986	0.699
Construction and Land [Member] | Weighted Average [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Other real estate owned, unobservable inputs	0.805	0.660
Construction and Land [Member] | Sales Comparison [Member] | Adjustment for Estimated Realizable Value [Member] | Minimum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs		0.565
Construction and Land [Member] | Sales Comparison [Member] | Adjustment for Estimated Realizable Value [Member] | Maximum [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs		0.565
Construction and Land [Member] | Sales Comparison [Member] | Adjustment for Estimated Realizable Value [Member] | Weighted Average [Member]
Significant Unobservable Inputs Related to Assets and Liabilities Measured at Fair Value [Abstract]
Impaired loans, unobservable inputs		0.565

FINANCIAL INSTRUMENTS WITH OF_3

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Financial Instruments with Off-Balance Sheet Risk [Abstract]
Unused portion of overdraft protection	$ 23,373	$ 23,165
Minimum [Member]
Financial Instruments with Off-Balance Sheet Risk [Abstract]
Fixed rate loan commitments, interest rate	2.15%
Maximum [Member]
Financial Instruments with Off-Balance Sheet Risk [Abstract]
Fixed rate loan commitments, interest rate	21.00%
Standby Letters of Credit [Member]
Financial Instruments with Off-Balance Sheet Risk [Abstract]
Off balance sheet risk, contract amount	$ 1,603	2,419
Commitments to Extend Credit - Fixed [Member]
Financial Instruments with Off-Balance Sheet Risk [Abstract]
Off balance sheet risk, contract amount	17,510	25,591
Commitments to Extend Credit - Variable [Member]
Financial Instruments with Off-Balance Sheet Risk [Abstract]
Off balance sheet risk, contract amount	$ 132,174	$ 120,185

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) $ in Thousands		12 Months Ended
		Dec. 31, 2020USD ($)		Dec. 31, 2019USD ($)	Dec. 31, 2018
Stockholders' Equity [Abstract]
Number of previous years retained profit taken for dividend calculation		2 years
Funds available for dividends without prior approval		$ 12,300
Capital conservation buffer				8.46%	2.50%
Consolidated [Member]
Total Capital (to risk-weighted assets) [Abstract]
Actual Amount				$ 206,275
Actual Ratio				0.1646
For Capital Adequacy Purposes, Amount				$ 131,615
For Capital Adequacy Purposes, Ratio	[1]			0.1050
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Amount				$ 156,684
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Ratio				0.1250
Tier I Capital (to risk-weighted assets) [Abstract]
Actual Amount				$ 192,733
Actual Ratio				0.1538
For Capital Adequacy Purposes, Amount				$ 106,545
For Capital Adequacy Purposes, Ratio	[1]			0.0850
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Amount				$ 131,615
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Ratio				0.1050
Common Equity Tier I Capital (to risk-weighted assets) [Abstract]
Actual Amount				$ 186,733
Actual Ratio				0.1490
For Capital Adequacy Purposes, Amount				$ 87,743
For Capital Adequacy Purposes, Ratio	[1]			7.00%
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Amount				$ 112,812
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Ratio				9.00%
Tier I Capital (to average assets) [Abstract]
Actual Amount		$ 207,774	[2]	$ 192,733
Actual Ratio		0.1125	[2]	0.1127
For Capital Adequacy Purposes, Amount				$ 68,422
For Capital Adequacy Purposes, Ratio	[1]			0.0400
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Amount		$ 147,798	[2]	$ 85,528
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Ratio		0.0800	[2]	0.0500
Premier Bank, Inc. [Member]
Total Capital (to risk-weighted assets) [Abstract]
Actual Amount				$ 144,793
Actual Ratio				0.1580
For Capital Adequacy Purposes, Amount				$ 96,248
For Capital Adequacy Purposes, Ratio				0.1050
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Amount				$ 114,581
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Ratio				0.1250
Tier I Capital (to risk-weighted assets) [Abstract]
Actual Amount				$ 133,609
Actual Ratio				0.1458
For Capital Adequacy Purposes, Amount				$ 77,915
For Capital Adequacy Purposes, Ratio				0.0850
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Amount				$ 96,248
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Ratio				0.1050
Common Equity Tier I Capital (to risk-weighted assets) [Abstract]
Actual Amount				$ 133,609
Actual Ratio				0.1458
For Capital Adequacy Purposes, Amount				$ 64,166
For Capital Adequacy Purposes, Ratio				7.00%
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Amount				$ 82,499
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Ratio				9.00%
Tier I Capital (to average assets) [Abstract]
Actual Amount		$ 136,787		$ 133,609
Actual Ratio		0.1071		0.1131
For Capital Adequacy Purposes, Amount				$ 47,240
For Capital Adequacy Purposes, Ratio				0.0400
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Amount		$ 102,177		$ 59,051
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Ratio		0.0800		0.0500
Citizens Deposit Bank [Member]
Total Capital (to risk-weighted assets) [Abstract]
Actual Amount				$ 47,466
Actual Ratio				0.1408
For Capital Adequacy Purposes, Amount				$ 35,387
For Capital Adequacy Purposes, Ratio				0.1050
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Amount				$ 42,128
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Ratio				0.1250
Tier I Capital (to risk-weighted assets) [Abstract]
Actual Amount				$ 45,108
Actual Ratio				0.1338
For Capital Adequacy Purposes, Amount				$ 28,647
For Capital Adequacy Purposes, Ratio				0.0850
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Amount				$ 35,387
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Ratio				0.1050
Common Equity Tier I Capital (to risk-weighted assets) [Abstract]
Actual Amount				$ 45,108
Actual Ratio				0.1338
For Capital Adequacy Purposes, Amount				$ 23,592
For Capital Adequacy Purposes, Ratio				7.00%
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Amount				$ 30,332
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Ratio				9.00%
Tier I Capital (to average assets) [Abstract]
Actual Amount		$ 47,470		$ 45,108
Actual Ratio		0.0836		0.0854
For Capital Adequacy Purposes, Amount				$ 21,128
For Capital Adequacy Purposes, Ratio				0.0400
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Amount		$ 45,434		$ 26,410
To Be Well Capitalized Under Prompt Corrective Actions Provisions, Ratio		0.0800		0.0500
[1]	The ratios for capital adequacy purposes do not include the additional capital conservation buffer.
[2]	The consolidated company is not subject to Prompt Corrective Action Provisions.

PARENT COMPANY FINANCIAL STAT_3

PARENT COMPANY FINANCIAL STATEMENTS, Condensed Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
ASSETS [Abstract]
Cash	$ 24,961	$ 23,091
Premises and equipment	35,287	37,257
Other assets	2,571	1,783
Total assets	1,945,822	1,781,010
LIABILITIES AND STOCKHOLDERS' EQUITY [Abstract]
Other liabilities	9,710	11,054
Total liabilities	1,685,915	1,540,769
Stockholders' equity [Abstract]
Common stock	134,110	133,795
Retained earnings	116,378	102,743
Accumulated other comprehensive income (loss)	9,419	3,703
Total stockholders' equity	259,907	240,241	$ 216,729	$ 183,355
Total liabilities and stockholders' equity	1,945,822	1,781,010
Parent Company [Member]
ASSETS [Abstract]
Cash	22,654	13,184
Investment in subsidiaries	242,999	232,509
Premises and equipment	619	622
Other assets	325	754
Total assets	266,597	247,069
LIABILITIES AND STOCKHOLDERS' EQUITY [Abstract]
Other liabilities	1,215	1,392
Subordinated debt	5,475	5,436
Total liabilities	6,690	6,828
Stockholders' equity [Abstract]
Common stock	134,110	133,795
Retained earnings	116,378	102,743
Accumulated other comprehensive income (loss)	9,419	3,703
Total stockholders' equity	259,907	240,241
Total liabilities and stockholders' equity	$ 266,597	$ 247,069

PARENT COMPANY FINANCIAL STAT_4

PARENT COMPANY FINANCIAL STATEMENTS, Condensed Statement of Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income [Abstract]
Interest and dividend income	$ 74,471	$ 76,578	$ 65,821
Expenses [Abstract]
Interest expense on subordinated debt	284	369	352
Salaries and employee benefits	21,179	21,485	19,803
Occupancy and equipment expenses	6,827	6,909	6,294
Professional fees	903	1,131	1,506
Other expenses	4,258	4,484	4,449
Income before income taxes	28,749	31,221	26,066
Income tax (benefit)	6,311	7,025	5,898
Net income	22,438	24,196	20,168
Parent Company [Member]
Income [Abstract]
Dividends from subsidiaries	19,700	19,050	18,740
Interest and dividend income	10	7	7
Other income	2,557	2,277	2,163
Total income	22,267	21,334	20,910
Expenses [Abstract]
Interest expense on other borrowings	0	30	156
Interest expense on subordinated debt	284	369	352
Salaries and employee benefits	3,577	3,582	3,252
Occupancy and equipment expenses	448	438	394
Professional fees	309	443	689
Other expenses	637	591	659
Total expenses	5,255	5,453	5,502
Income before income taxes	17,012	15,881	15,408
Income tax (benefit)	(652)	(699)	(723)
Income before equity in undistributed income of subsidiaries	17,664	16,580	16,131
Equity in undistributed income of subsidiaries	4,774	7,616	4,037
Net income	$ 22,438	$ 24,196	$ 20,168

PARENT COMPANY FINANCIAL STAT_5

PARENT COMPANY FINANCIAL STATEMENTS, Condensed Statement of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities [Abstract]
Net income	$ 22,438	$ 24,196	$ 20,168
Adjustments to reconcile net income to net cash from operating activities [Abstract]
Depreciation	2,065	2,046	1,722
Amortization	2,459	7	1,295
Stock compensation expense	280	301	252
Change in other assets	(788)	287	1,404
Change in other liabilities	(913)	(341)	(62)
Net cash from operating activities	28,208	29,231	27,134
Cash flows from investing activities [Abstract]
Acquisition of subsidiary, net of cash received	0	(4,863)	2,591
Net cash from (used in) investing activities	(48,948)	20,342	(23,068)
Cash flows from financing activities [Abstract]
Cash dividends paid to shareholders	(8,803)	(8,786)	(7,805)
Cash in lieu of fractional shares	0	0	(13)
Proceeds from stock option exercises	35	246	193
Payments on other borrowed funds	0	(2,500)	(2,500)
Net cash from (used in) financing activities	136,160	(35,292)	(5,954)
Net change in cash and cash equivalents	115,420	14,281	(1,888)
Cash and cash equivalents at beginning of year	95,056	80,775	82,663
Cash and cash equivalents at end of year	210,476	95,056	80,775
Parent Company [Member]
Cash flows from operating activities [Abstract]
Net income	22,438	24,196	20,168
Adjustments to reconcile net income to net cash from operating activities [Abstract]
Depreciation	78	78	93
Amortization	39	30	30
Stock compensation expense	280	301	252
Equity in undistributed earnings of subsidiaries	(4,774)	(7,616)	(4,037)
Change in other assets	429	(24)	(181)
Change in other liabilities	(147)	13	(43)
Net cash from operating activities	18,343	16,978	16,282
Cash flows from investing activities [Abstract]
Repayment of investments in nonbank subsidiaries	0	50	0
Investments in subsidiaries	0	(1,500)	0
Acquisition of subsidiary, net of cash received	0	0	(5,212)
Purchases of fixed assets, net of proceeds from asset sales	(105)	(63)	(80)
Net cash from (used in) investing activities	(105)	(1,513)	(5,292)
Cash flows from financing activities [Abstract]
Cash dividends paid to shareholders	(8,803)	(8,786)	(7,805)
Cash in lieu of fractional shares	0	0	(13)
Proceeds from stock option exercises	35	246	193
Payments on other borrowed funds	0	(2,500)	(2,500)
Net cash from (used in) financing activities	(8,768)	(11,040)	(10,125)
Net change in cash and cash equivalents	9,470	4,425	865
Cash and cash equivalents at beginning of year	13,184	8,759	7,894
Cash and cash equivalents at end of year	$ 22,654	$ 13,184	$ 8,759