FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Assets Reported on the Balance Sheet at their Fair Value on a Recurring Basis

The following table presents the assets reported on the balance sheet at their fair value on a recurring basis as of December 31, 2023 and 2022, by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.

	2023
(In Thousands)	Level I		Level II		Level III		Total
Assets measured on a recurring basis:
Investment securities, available for sale:
U.S. Government and agency securities	$	—	$	3,943	$	—	$	3,943
Mortgage-backed securities	—		15,355		—		15,355
State and political securities	—		115,615		—		115,615
Other debt securities	—		56,032		—		56,032
Investment equity securities:
Other equity securities	1,122		—		—		1,122

	2022
(In Thousands)	Level I		Level II		Level III		Total
Assets measured on a recurring basis:
Investment securities, available for sale:
U.S. Government and agency securities	$	—	$	2,896	$	—	$	2,896
Mortgage-backed securities	—		1,282		—		1,282
State and political securities	—		142,809		—		142,809
Other debt securities	—		46,686		—		46,686
Investment equity securities:
Other equity securities	1,142		—		—		1,142

Schedule of Assets Reported on the Consolidated Balance Sheet at their fair value on a non-recurring basis

The following table presents the assets reported on the balance sheet at their fair value on a non-recurring basis as of December 31, 2023 and 2022, by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.

	2023
(In Thousands)	Level I		Level II		Level III		Total
Assets measured on a non-recurring basis:
Collateral-dependent loans	$	—	$	—	$	1,621	$	1,621
Other real estate owned	—		—		853		853

	2022
(In Thousands)	Level I		Level II		Level III		Total
Assets measured on a non-recurring basis:
Collateral-dependent loans	$	—	$	—	$	1,923	$	1,923
Other real estate owned	—		—		83		83

Schedule of Listing of Significant Unobservable Inputs used in the Fair Value Measurement Process for Items Valued Utilizing Level III techniques

The following table provides a listing of significant unobservable inputs used in the fair value measurement process for items valued utilizing level III techniques as of December 31, 2023 and 2022:

	2023
	Quantitative Information About Level III Fair Value Measurements
(In Thousands)	Fair Value		Valuation Technique(s)	Unobservable Inputs	Range	Weighted Average
Collateral-dependent loans	$	1,621	Appraisal of collateral (1)	Appraisal of collateral (1)	(15)% to (24)%	(31)%
Other real estate owned	$	853	Appraisal of collateral (1)	Appraisal of collateral (1)	(20)%	(20)%

	2022
	Quantitative Information About Level III Fair Value Measurements
(In Thousands)	Fair Value		Valuation Technique(s)	Unobservable Inputs	Range	Weighted Average
Impaired loans	$	1,923	Appraisal of collateral (1)	Appraisal of collateral (1)	(15)% to (34)%	(14)%
Other real estate owned	$	83	Appraisal of collateral (1)	Appraisal of collateral (1)	(20)%	(20)%

(1) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses.