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COMMITMENTS AND CONTINGENCIES (Tables) | 3 Months Ended
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Mar. 31, 2021
COMMITMENTS AND CONTINGENCIES |
Schedule of commitments and conditional obligations | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Contractual Amount
​ | ​ | March 31, | ​ | December 31,
​ |  | 2021 |  | 2020
​ | ​ | ​ | (dollars in thousands)
Commitments to extend credit | ​ | $ | 523,646 | ​ | $ | 530,191
Standby letters of credit | ​ | ​ | 10,235 | ​ | ​ | 10,031

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- Definition Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined) which are not recognized in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13433-108611 + Details
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