FAIR VALUE (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of Financial Assets (Liabilities) Measured at Fair Value

The following tables summarize quantitative disclosures about the fair value measurements for each category of financial assets (liabilities) carried at fair value:

December 31, 2021	Fair Value			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Other Unobservable Inputs (Level 3)
Assets at fair value on a recurring basis:
Available for sale securities:
Mortgage-backed securities	$	221,308		$	—	$	221,308		$	—
Collateralized mortgage obligations		74,992			—		74,992			—
Corporate bonds		35,935			—		35,935			—
U.S. government agencies		9,971			—		9,971			—
Loans held for sale		4,129			—		—			4,129
Cash surrender value of life insurance		37,141			—		37,141			—
SBA servicing assets		877			—		—			877
Derivative instrument assets		(196	)		—		(196	)		—
Derivative instrument liabilities		8			—		8			—
Assets at fair value on a nonrecurring basis:
Individually evaluated collateral dependent loans		4,244			—		—			4,244

December 31, 2020	Fair Value			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Other Unobservable Inputs (Level 3)
Assets (liabilities) at fair value on a recurring basis:
Available for sale securities:
Mortgage-backed securities	$	107,164		$	—	$	107,164		$	—
Collateralized mortgage obligations		66,945			—		66,945			—
Municipal securities		175,704			—		175,704			—
Corporate bonds		30,982			—		30,982			—
Loans held for sale		5,542			—		—			5,542
Cash surrender value of life insurance		35,510			—		35,510			—
SBA servicing assets		763			—		—			763
Derivative instrument assets		629			—		629			—
Derivative instrument liabilities		(1,151	)		—		(1,151	)		—
Assets at fair value on a nonrecurring basis:
Individually evaluated collateral dependent loans		8,427			—		—			8,427

Schedule of Foreclosed Assets Measured at Fair Value

The following table presents foreclosed assets that were remeasured and recorded at fair value as of:

	2021		2020			2019
Other real estate owned remeasured at initial recognition:
Carrying value of other real estate owned prior to remeasurement	$	—	$	42		$	147
Charge-offs recognized in the allowance for credit losses		—		(9	)		(11	)
Fair value of other real estate owned remeasured at initial recognition	$	—	$	33		$	136
Other real estate owned remeasured subsequent to initial recognition:
Carrying value of other real estate owned prior to remeasurement	$	—	$	62		$	35
Write-downs included in collection and other real estate owned expense		—		(1	)		(10	)
Fair value of other real estate owned remeasured subsequent to initial recognition	$	—	$	61		$	25

There were no nonrecurring Level 3 fair value measurements as of December 31, 2021.

Schedule of Quantitative Information About Nonrecurring Level 3 Fair Value Measurements

The following table presents quantitative information about nonrecurring Level 3 fair value measurements as of December 31, 2020:

December 31, 2020	Fair Value		Valuation Technique(s)	Unobservable Input(s)	Range (Weighted Average)
Other real estate owned	$	404	Appraisal value of collateral	Selling costs or other normal adjustments	10%-20% (16%)

Schedule of Individually Evaluated Collateral Dependent Loans at Fair Value

The following tables present information on individually evaluated collateral dependent loans as of December 31, 2021 and 2020:

	Fair Value Measurements Using
December 31, 2021	Level 1		Level 2		Level 3		Total Fair Value
Commercial and industrial	$	—	$	—	$	76	$	76
Real estate:
Construction and development		—		—		402		402
Commercial real estate		—		—		3,766		3,766
Overdrafts
Total	$	—	$	—	$	4,244	$	4,244

	Fair Value Measurements Using
December 31, 2020	Level 1		Level 2		Level 3		Total Fair Value
Commercial and industrial	$	—	$	—	$	85	$	85
Real estate:
Construction and development		—		—		401		401
Commercial real estate		—		—		7,941		7,941
Total	$	—	$	—	$	8,427	$	8,427

Schedule of Carrying Amounts And Estimated Fair Values of Financial Instruments

The carrying amounts and estimated fair values of financial instruments not previously discussed in this note, as of December 31, 2021 and 2020, are as follows:

	Fair value measurements as of December 31, 2021 using:
	Carrying Amount		Level 1 Inputs		Level 2 Inputs		Level 3 Inputs		Total Fair Value
Financial assets:
Cash, due from banks, federal funds sold and interest-bearing deposits	$	499,605	$	499,605	$	—	$	—	$	499,605
Marketable securities held to maturity		184,263		—		192,472		—		192,472
Loans, net		1,876,076		—		—		1,883,756		1,883,756
Accrued interest receivable		8,901		—		8,901		—		8,901
Nonmarketable equity securities		15,344		—		15,344		—		15,344
Financial liabilities:
Deposits	$	2,670,827	$	2,341,048	$	330,356	$	—	$	2,671,404
Securities sold under repurchase agreements		14,151		—		14,151		—		14,151
Accrued interest payable		481		—		481		—		481
Federal Home Loan Bank advances		47,500		—		47,501		—		47,501
Subordinated debentures		19,810		—		17,833		—		17,833

	Fair value measurements as of December 31, 2020 using:
	Carrying Amount		Level 1 Inputs		Level 2 Inputs		Level 3 Inputs		Total Fair Value
Financial assets:
Cash, due from banks, federal funds sold and interest-bearing deposits	$	351,791	$	351,791	$	—	$	—	$	351,791
Loans, net		1,831,737		—		—		1,846,868		1,846,868
Accrued interest receivable		9,834		—		9,834		—		9,834
Nonmarketable equity securities		14,095		—		14,095		—		14,095
Financial liabilities:
Deposits	$	2,286,390	$	1,907,587	$	380,570	$	—	$	2,288,157
Securities sold under repurchase agreements		15,631		—		15,631		—		15,631
Accrued interest payable		804		—		804		—		804
Federal Home Loan Bank advances		109,101		—		109,381		—		109,381
Subordinated debentures		19,810		—		17,406		—		17,406