COMMITMENTS AND CONTINGENCIES, INCLUDING FINANCIAL INSTRUMENTS WITH OFF-BALANCE-SHEET RISK (Tables)

9 Months Ended

Sep. 30, 2017

COMMITMENTS AND CONTINGENCIES, INCLUDING FINANCIAL INSTRUMENTS WITH OFF-BALANCE-SHEET RISK

Summary of the various financial instruments whose contract amounts represent credit risk

	September 30,		December 31,
	2017		2016
Commitments to extend credit, variable	$	562,443	$	493,740
Commitments to extend credit, fixed		66,300		113,719
	$	628,743	$	607,459
Standby letters of credit	$	31,020	$	26,682

Schedule of the derivative instruments outstanding

	Notional		Fair					Weighted Average
	Amounts		Value		Fixed Rate		Floating Rate	Maturity
September 30, 2017
Interest rate swaps with customers (other assets)	$	28,996	$	634	4.75% - 7.25	%	LIBOR 1M + 2.50% - 3.25%	7.93 years
Interest rate swaps with financial institution (other assets)		13,890		301	4.00% - 4.75	%	LIBOR 1M + 2.50% - 3.00%	8.70 years
Interest rate swaps with customers (other liabilities)		13,890		(301)	4.00% - 4.75	%	LIBOR 1M + 2.50% - 3.00%	7.93 years
Interest rate swaps with financial institution (other liabilities)		28,996		(634)	4.75% - 7.25	%	LIBOR 1M + 2.50% - 3.25%	8.70 years
Total derivatives not designated as hedging instruments	$	85,772	$	—

	Notional		Fair					Weighted Average
	Amounts		Value		Fixed Rate		Floating Rate	Maturity
December 31, 2016
Interest rate swaps with customers (other assets)	$	13,637	$	430	5.10% - 7.25	%	LIBOR 1M + 2.50% - 3.25%	6.60 years
Interest rate swaps with financial institution (other assets)		14,399		350	4.00% - 4.75	%	LIBOR 1M + 2.50% - 3.00%	9.45 years
Interest rate swaps with customers (other liabilities)		14,399		(350)	4.00% - 4.75	%	LIBOR 1M + 2.50% - 3.00%	6.60 years
Interest rate swaps with financial institution (other liabilities)		13,637		(430)	5.10% - 7.25	%	LIBOR 1M + 2.50% - 3.25%	9.45 years
Total derivatives not designated as hedging instruments	$	56,072	$	—