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FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Tables) | 3 Months Ended
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Mar. 31, 2021
Fair Value Disclosures [Abstract] |
Contract or Notional Amounts, Commitments to Fund | The following table presents these contractual, or notional, amounts:
| Contractual or Notional Amount
| March 31, 2021 |  | December 31, 2020
Commitments to fund: |  |  |
Home equity lines of credit | $ | 232,270 |  |  | $ | 223,216 |
1-4 family residential construction loans | 28,157 |  |  | 28,928 |
Commercial real estate, construction and land development loans | 62,120 |  |  | 60,606 |
Commercial, industrial and other loans | 290,069 |  |  | 268,931 |
Standby letters of credit | 14,612 |  |  | 14,491 |

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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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