FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2019

Fair Value Disclosures [Abstract]

Carrying Values and Estimated Fair Values of Financial Instruments

The carrying values and estimated fair values of the Company’s financial instruments are summarized as follows:

Fair Value Measurements at:

(Dollars in thousands)	Carrying Value		Estimated Fair Value		Quoted Prices in Active Markets for Identical Assets (Level I)		Significant Other Observable Inputs (Level II)		Significant Unobservable Inputs (Level III)
December 31, 2019
Financial assets:
Cash and cash equivalents	$	28,002	$	28,002	$	28,002	$	—	$	—
Certificates of deposits with other banks	12,549		12,586		—		12,586		—
Securities available-for-sale	235,821		235,821		—		198,562		37,259
Equity securities	18,514		18,514		—		—		18,514
Loans held for sale	109,788		109,788		—		109,788		—
Loans	1,362,766		1,364,706		—		—		1,364,706
Mortgage servicing rights	348		348		—		—		348
Interest rate lock commitment	1,660		1,660		—		—		1,660
Interest rate swap	5,722		5,722		—		5,722		—
Accrued interest receivable	7,909		7,909		—		1,591		6,317
Fair value hedge	1,770		1,770		—		1,770		—
Financial liabilities:
Deposits	$	1,265,042	$	1,249,135	$	—	$	1,249,135	$	—
Repurchase agreements	10,172		10,172		—		10,172		—
FHLB and other borrowings	222,885		222,891		—		222,891		—
Mortgage-backed security hedges	186		186		—		186		—
Fair value hedge	1,418		1,418		—		1,418		—
Interest rate swap	5,722		5,722		—		5,722		—
Accrued interest payable	1,060		1,060		—		1,060		—
Subordinated debt	4,124		4,124		—		4,124		—
December 31, 2018
Financial assets:
Cash and cash equivalents	$	22,221	$	22,221	$	22,221	$	—	$	—
Certificates of deposits with other banks	14,778		14,300		—		14,300		—
Securities available-for-sale	221,614		221,614		—		188,492		33,122
Equity securities	9,599		9,599		6,027		3,272		300
Loans held for sale	75,807		75,807		—		75,807		—
Loans	1,293,427		1,276,065		—		—		1,276,065
Mortgage servicing rights	173		173		—		—		173
Interest rate lock commitment	1,750		1,750		—		—		1,750
Interest rate swap	1,375		1,375		—		1,375		—
Interest rate cap	8		8		—		8		—
Fair value hedge	343		343		—		343		—
Accrued interest receivable	7,710		7,710		—		1,368		6,342
Financial liabilities:
Deposits	$	1,309,154	$	1,249,164	$	—	$	1,249,164	$	—
Repurchase agreements	14,925		14,925		—		14,925		—
FHLB and other borrowings	214,887		214,969		—		214,969		—
Mortgage-backed security hedges	853		853		—		853		—
Interest rate swap	1,375		1,375		—		1,375		—
Accrued interest payable	1,064		1,064		—		1,064		—
Subordinated debt	17,524		18,250		—		18,250		—