DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2024

Effect of Fair Value and Cash Flow Hedge Accounting on AOCI

The following table presents the effect of the Company’s cash flow hedge accounting on Accumulated Other Comprehensive Income for the years ended December 31, 2024 and 2023 (in thousands):

The Effect of Fair Value and Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income
	Amount of (Loss) Gain Recognized in OCI on Derivatives							Location of Gain Reclassified from Accumulated OCI into Income	Amount of (loss) gain reclassified from Accumulated OCI into income
	Year Ended December 31,								Year Ended December 31,
Derivatives in Hedging relationships	2024			2023					2024			2023
Interest rate Products	$	(1,205	)		$	(1,431	)	Interest Expense		$	2,516		$	2,203

Derivatives Designated as Hedging Instruments Under ASC 815 [Member]

Derivative Fair Value [Abstract]

Estimated Fair Value Positions of Derivative Contracts

Derivatives designated as hedging instruments under ASC 815 (in thousands):

						Fair Value December 31,
Third party interest rate swaps	Balance Sheet Location	Notional Amount		Interest rate Paid	Interest rate Received	2024		2023
Maturing in 2025	Fair value of derivative instruments - asset	$	15,000	Fixed - 0.57%	Compounded Overnight SOFR + 26.161	$	150	$	887
Maturing in 2027	Fair value of derivative instruments - asset		10,000	Fixed - 0.65%	Compounded Overnight SOFR + 26.161		786		1,009
Maturing in 2027	Fair value of derivative instruments - asset		7,500	Fixed - 3.57%	Compounded Overnight SOFR + 26.161+280		620		764
Maturing in 2027	Fair value of derivative instruments - asset		6,000	Fixed - 0.61%	Compounded Overnight SOFR + 26.161		500		630
Maturing in 2029	Fair value of derivative instruments - asset		6,000	Fixed - 0.72%	Compounded Overnight SOFR + 26.161		854		894
Maturing in 2032	Fair value of derivative instruments - asset		6,000	Fixed - 0.82%	Compounded Overnight SOFR + 26.161		1,326		1,257
		$	50,500			$	4,236	$	5,441

Derivatives Not Designated as Hedging Instruments Under ASC 815 [Member]

Derivative Fair Value [Abstract]

Estimated Fair Value Positions of Derivative Contracts

Derivatives not designated as hedging instruments under ASC 815 (in thousands):

		December 31, 2024					December 31, 2023
Interest Rate Products	Balance Sheet Location	Notional Amount		Fair Value			Notional Amount		Fair Value
Zero Premium Collar	(Fair value of derivative instruments - liability)	$	49,678	$	(5,817	)	$	69,462	$	(7,922	)
IRLCs	Fair value of derivative instruments - asset		10,728		317			21,225		324
Dealer Offset to Zero Premium Collar	Fair value of derivative instruments - asset		49,678		5,817			69,462		7,922