FAIR VALUE (Tables)

12 Months Ended

Dec. 31, 2019

Fair Value Disclosures [Abstract]

Schedule of Financial Assets (Liabilities) Measured at Fair Value

The following table summarizes quantitative disclosures about the fair value measurements for each category of financial assets (liabilities) carried at fair value as of December 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	$	84,182		$	—	$	84,182		$	—
Collateralized mortgage obligations		90,927			—		90,927			—
Municipal securities		17,348			—		17,348			—
Corporate bonds		20,259			—		20,259			—
Loans held for sale		2,368			—		—			2,368
Cash surrender value of life insurance		34,495			—		34,495			—
SBA servicing assets		672			—		—			672
Derivative instrument assets		526			—		526			—
Derivative instrument liabilities		(526	)		—		(526	)		—
Assets at fair value on a nonrecurring basis:
Impaired loans		20,028			—		—			20,028
Other real estate owned		603			—		—			603

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			—
Loans held for sale		1,795			—		—			1,795
Cash surrender value of life insurance		26,301			—		26,301			—
SBA servicing assets		1,107			—		—			1,107
Derivative instrument assets		392			—		392			—
Derivative instrument liabilities		(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 December 31:

	2019			2018			2017
Other real estate owned remeasured at initial recognition:
Carrying value of other real estate owned prior to remeasurement	$	147		$	542		$	1,082
Charge-offs recognized in the allowance for loan losses		(11	)		(25	)		(195	)
Fair value of other real estate owned remeasured at initial recognition	$	136		$	517		$	887
Other real estate owned remeasured subsequent to initial recognition:
Carrying value of other real estate owned prior to remeasurement	$	35		$	599		$	—
Write-downs included in collection and other real estate owned expense		(10	)		(56	)		—
Fair value of other real estate owned remeasured subsequent to initial recognition	$	25		$	543		$	—

Schedule of Quantitative Information About Nonrecurring Level 3 Fair Value Measurements

The following table presents quantitative information about nonrecurring Level 3 fair value measurements at:

	Fair Value		Valuation Technique(s)	Unobservable Input(s)	Range (Weighted Average)
December 31, 2019
Impaired loans	$	20,028	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	$	603	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 in this note, at December 31, 2019 and 2018 are as follows:

	Fair value measurements as of December 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	$	90,714	$	90,714	$	—	$	—	$	90,714
Marketable securities held to maturity		155,458		—		160,460		—		160,460
Loans, net		1,690,794		—		—		1,705,155		1,705,155
Accrued interest receivable		9,151		—		9,151		—		9,151
Nonmarketable equity securities		12,301		—		12,301		—		12,301
Financial liabilities:
Deposits	$	1,956,804	$	1,438,509	$	520,469	$	—	$	1,958,978
Securities sold under repurchase agreements		11,100		—		11,100		—		11,100
Accrued interest payable		1,642		—		1,642		—		1,642
Federal Home Loan Bank advances		55,118		—		55,125		—		55,125
Subordinated debentures		10,810		—		8,677		—		8,677

	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
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