FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables)

6 Months Ended

Jun. 30, 2020

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK [Abstract]

Financial Instruments Whose Contract Amount Represent Credit Risk

Financial instruments, whose contract amounts represent credit risk at the indicated periods, were as follows:

(in thousands)	June 30, 2020		December 31, 2019
Undisbursed loan commitments	$	196,073	$	198,534
Standby letters of credit		2,974		2,455
Commitments to sell loans		6,688		1,240
	$	205,735	$	202,229