FAIR VALUE (Tables)

9 Months Ended

Sep. 30, 2017

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:

As of September 30, 2017	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	$	90,958		$	—	$	90,958		$	—
Collateralized mortgage obligations	120,691			—		120,691			—
Municipal securities	7,464			—		7,464			—
Corporate bonds	19,020			—		19,020			—
Derivative instruments	(666		)	—		(666		)	—
Assets at fair value on a nonrecurring basis:
Impaired loans	6,160			—		—			6,160
Other real estate owned	1,929			—		—			1,929

As of December 31, 2016	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	$	59,690		$	—	$	59,690		$	—
Collateralized mortgage obligations	65,133			—		65,133			—
Municipal securities	7,219			—		7,219			—
Corporate bonds	24,883			—		24,883			—
U.S. treasury securities	—			—		—			—
Derivative instruments	(695		)	—		(695		)	—
Assets at fair value on a nonrecurring basis:
Impaired loans	6,065			—		—			6,065
Other real estate owned	1,692			—		—			1,692

Schedule of Foreclosed Assets Measured at Fair Value

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

	September 30, 2017			December 31, 2016			September 30, 2016
Foreclosed assets remeasured at initial recognition:
Carrying value of foreclosed assets prior to remeasurement	$	544		$	78		$	67
Charge-offs recognized in the allowance for loan losses	(175		)	(11		)	(11		)
Fair value of foreclosed assets remeasured at initial recognition	$	369		$	67		$	56
Foreclosed assets remeasured subsequent to initial recognition:
Carrying value of foreclosed assets prior to remeasurement	$	—		$	170		$	180
Write-downs included in collection and other real estate owned expense	—			(69		)	(79		)
Fair value of foreclosed assets remeasured subsequent to initial recognition	$	—		$	101		$	101

Schedule of Quantitative Information About Nonrecurring Level 3 Fair Value Measurements

The following tables present quantitative information about nonrecurring Level 3 fair value measurements as of:

	Fair Value		Valuation Technique(s)	Unobservable Input(s)	Range (Weighted Average)
September 30, 2017
Impaired loans	$	6,160	Fair value of collateral - sales comparison approach	Selling costs or other normal adjustments: Real estate Equipment	10%-20% (16%) 10%-20% (5.3%)
Other real estate owned	$	1,929	Appraisal value of collateral	Selling costs or other normal adjustments	10%-20% (16%)

	Fair Value		Valuation Technique(s)	Unobservable Input(s)	Range (Weighted Average)
December 31, 2016
Impaired loans	$	6,065	Fair value of collateral - sales comparison approach	Selling costs or other normal adjustments: Real estate Equipment	10%-20% (16%) 40%-50% (42%)
Other real estate owned	$	1,692	Appraisal value of collateral	Selling costs or other normal adjustments	10%-20% (16%)

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 September 30, 2017 and December 31, 2016, are as follows:

	Fair value measurements as of September 30, 2017 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	$	95,061	$	67,986	$	27,075	$	—	$	95,061
Marketable securities held to maturity	179,081		—		181,151		—		181,151
Loans, net	1,294,847		—		—		1,293,992		1,293,992
Accrued interest receivable	6,440		—		6,440		—		6,440
Nonmarketable equity securities	9,379		—		9,379		—		9,379
Cash surrender value of life insurance	18,376		—		18,376		—		18,376
Financial liabilities:
Deposits	$	1,617,302	$	1,305,206	$	305,084	$	—	$	1,610,290
Securities sold under repurchase agreements	12,920		—		12,920		—		12,920
Accrued interest payable	883		—		883		—		883
Federal Home Loan Bank advances	65,157		—		64,856		—		64,856
Subordinated debentures	13,810		—		11,445		—		11,445

	Fair value measurements as of December 31, 2016 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	$	127,543	$	100,205	$	27,338	$	—	$	127,543
Marketable securities held to maturity	189,371		—		186,155		—		186,155
Loans, net	1,233,651		—		—		1,235,306		1,235,306
Accrued interest receivable	7,419		—		7,419		—		7,419
Nonmarketable equity securities	10,500		—		10,500		—		10,500
Cash surrender value of life insurance	17,804		—		17,804		—		17,804
Financial liabilities:
Deposits	$	1,576,791	$	1,234,875	$	342,615	$	—	$	1,577,490
Securities sold under repurchase agreements	10,859		—		10,859		—		10,859
Accrued interest payable	889		—		889		—		889
Other debt	18,286		—		18,286		—		18,286
Federal Home Loan Bank advances	55,170		—		55,160		—		55,160
Subordinated debentures	19,310		—		16,809		—		16,809