ALLOWANCE FOR LOAN LOSSES (Tables)

12 Months Ended

Dec. 31, 2019

Receivables [Abstract]

Summary of activity in the allowance for loan losses

The following table details activity in the allowance for loan losses by portfolio segment for the period ended December 31, 2019. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. 

As of December 31, 2019  (Dollars are in thousands)	Beginning Balance		Charge Offs			Recoveries		Provisions			Ending Balance
Real estate secured:
Commercial	$	1,386	$	(192	)	$	16	$	38		$	1,248
Construction and land development		202		-			34		(78	)		158
Residential 1-4 family		2,437		(336	)		202		(567	)		1,736
Multifamily		89		-			30		(15	)		104
Farmland		287		(33	)		29		(174	)		109
Total real estate loans		4,401		(561	)		311		(796	)		3,355
Commercial		448		(1,762	)		61		3,042			1,789
Agriculture		37		(17	)		2		5			27
Consumer installment loans		172		(114	)		62		68			188
All other loans		3		-			-		4			7
Unallocated		275		-			-		(273	)		2
Total	$	5,336	$	(2,454	)	$	436	$	2,050		$	5,368

As of December 31, 2018  (Dollars are in thousands)	Beginning Balance		Charge Offs			Recoveries		Provisions			Ending Balance
Real estate secured:
Commercial	$	1,989	$	(334	)	$	73	$	(342	)	$	1,386
Construction and land development		191		(96	)		11		96			202
Residential 1-4 family		2,400		(290	)		73		254			2,437
Multifamily		106		-			-		(17	)		89
Farmland		415		(58	)		72		(142	)		287
Total real estate loans		5,101		(778	)		229		(151	)		4,401
Commercial		660		(617	)		84		321			448
Agriculture		20		-			1		16			37
Consumer installment loans		156		(75	)		44		47			172
All other loans		3		-			-		-			3
Unallocated		256		-			-		19			275
Total	$	6,196	$	(1,470	)	$	358	$	252		$	5,336

Schedule of allocation of portion of allowance

		Allowance for Loan Losses						Recorded Investment in Loans
As of December 31, 2019  (Dollars are in thousands)		Individually  Evaluated  for Impairment		Collectively Evaluated for Impairment		Total		Individually Evaluated  for Impairment		Collectively Evaluated  for Impairment		Total
Real estate secured:
Commercial	$	70	$	1,178	$	1,248	$	2,779	$	167,657	$	170,436
Construction and land  development		-		158		158		70		31,060		31,130
Residential 1-4 family		44		1,692		1,736		1,318		241,604		242,922
Multifamily		-		104		104		-		13,638		13,638
Farmland		9		100		109		994		19,796		20,790
Total real estate loan		123		3,232		3,355		5,161		473,755		478,916
Commercial		200		1,589		1,789		414		53,580		53,994
Agriculture		-		27		27		-		4,797		4,797
Consumer installment loans		-		188		188		-		23,127		23,127
All other loans		-		7		7		-		1,710		1,710
Unallocated		-		2		2		-		-		-
Total	$	323	$	5,045		5,368	$	5,575	$	556,969	$	562,544

		Allowance for Loan Losses						Recorded Investment in Loans
As of December 31, 2018  (Dollars are in thousands)		Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Total		Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Total
Real estate secured:
Commercial	$	40	$	1,346	$	1,386	$	2,322	$	138,540	$	140,862
Construction and land development		-		202		202		114		35,005		35,119
Residential 1-4 family		132		2,305		2,437		3,311		246,635		249,946
Multifamily		-		89		89		75		13,421		13,496
Farmland		132		155		287		2,038		20,076		22,114
Total real estate loans		304		4,097		4,401		7,860		453,677		461,537
Commercial		13		435		448		109		55,048		55,157
Agriculture		-		37		37		-		5,266		5,266
Consumer installment loans		1		171		172		7		24,531		24,538
All other loans		-		3		3		-		598		598
Unallocated		-		275		275		-		-		-
Total	$	318	$	5,018		5,336	$	7,976	$	539,120	$	547,096