FAIR VALUE (Tables)

3 Months Ended

Mar. 31, 2019

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 March 31, 2019	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	$	93,746		$	—	$	93,746		$	—
Collateralized mortgage obligations		107,607			—		107,607			—
Municipal securities		15,882			—		15,882			—
Corporate bonds		19,744			—		19,744			—
Loans held for sale		1,222			—		—			1,222
Cash surrender value of life insurance		26,458			—		26,458			—
SBA servicing assets		844			—		—			844
Derivative instrument assets		476			—		476			—
Derivative instrument liabilities		(476	)		—		(476	)		—
Assets at fair value on a nonrecurring basis:
Impaired loans		8,131			—		—			8,131
Other real estate owned		632			—		—			632

As of December 31, 2018	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	$	89,459		$	—	$	89,459		$	—
Collateralized mortgage obligations		108,969			—		108,969			—
Municipal securities		15,593			—		15,593			—
Corporate bonds		18,954			—		18,954			—
Derivative instruments		(392	)		—		(392	)		—
Assets at fair value on a nonrecurring basis:
Impaired loans		10,863			—		—			10,863
Other real estate owned		751			—		—			751

Schedule of Foreclosed Assets Measured at Fair Value

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

	March 31, 2019			December 31, 2018			March 31, 2018
Other real estate owned remeasured at initial recognition:
Carrying value of other real estate owned prior to remeasurement	$	130		$	542		$	41
Charge-offs recognized in the allowance for loan losses		(6	)		(25	)		(14	)
Fair value of other real estate owned remeasured at initial recognition	$	124		$	517		$	27
Other real estate owned remeasured subsequent to initial recognition:
Carrying value of other real estate owned prior to remeasurement	$	—		$	599		$	—
Write-downs included in collection and other real estate owned expense		—			(56	)		—
Fair value of other real estate owned remeasured subsequent to initial recognition	$	—		$	543		$	—

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)
March 31, 2019
Impaired loans	$	8,131	Fair value of collateral - sales comparison approach	Selling costs or other normal adjustments:    Real estate    Equipment	10%-20% (16%) 10%-20% (12%)
Other real estate owned	$	632	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, 2018
Impaired loans	$	10,863	Fair value of collateral - sales comparison approach	Selling costs or other normal adjustments:    Real estate    Equipment	10%-20% (16%) 10%-20% (19%)
Other real estate owned	$	751	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 March 31, 2019 and December 31, 2018, are as follows:

	Fair value measurements as of March 31, 2019 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	$	108,304	$	108,304	$	—	$	—	$	108,304
Marketable securities held to maturity		160,980		—		163,110		—		163,110
Loans, net		1,640,979		—		—		1,630,728		1,630,728
Accrued interest receivable		8,245		—		8,245		—		8,245
Nonmarketable equity securities		14,909		—		14,909		—		14,909
Cash surrender value of life insurance		26,458		—		26,458		—		26,458
Financial liabilities:
Deposits	$	1,962,301	$	1,449,423	$	514,644	$	—	$	1,964,067
Securities sold under repurchase agreements		11,542		—		11,542		—		11,542
Accrued interest payable		1,777		—		1,777		—		1,777
Federal Home Loan Bank advances		50,131		—		49,338		—		49,338
Subordinated debentures		12,310		—		10,114		—		10,114

	Fair value measurements as of December 31, 2018 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	$	71,510	$	71,510	$	—	$	—	$	71,510
Marketable securities held to maturity		163,164		—		162,800		—		162,800
Loans, net		1,645,444		—		—		1,630,600		1,630,600
Accrued interest receivable		9,292		—		9,292		—		9,292
Nonmarketable equity securities		14,937		—		14,937		—		14,937
Cash surrender value of life insurance		26,301		—		26,301		—		26,301
Financial liabilities:
Deposits	$	1,871,480	$	1,435,985	$	434,647	$	—	$	1,870,632
Securities sold under repurchase agreements		12,228		—		12,228		—		12,228
Accrued interest payable		1,651		—		1,651		—		1,651
Federal Home Loan Bank advances		115,136		—		114,934		—		114,934
Subordinated debentures		12,810		—		10,724		—		10,724