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FAIR VALUE (Tables) | 9 Months Ended
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Sep. 30, 2018
Fair Value Disclosures [Abstract] |
Schedule of Financial Assets (Liabilities) Measured at Fair Value | The following tables summarize quantitative disclosures about the fair value measurements for each category of financial assets (liabilities) carried at fair value:
As of September 30, 2018 | Fair Value |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Other Unobservable Inputs (Level 3)
Assets (liabilities) at fair value on a recurring basis: |  |  |  |  |  |  |
Available for sale securities: |  |  |  |  |  |  |
Mortgage-backed securities | $ | 86,761 |  |  | $ | — |  |  | $ | 86,761 |  |  | $ | — |
Collateralized mortgage obligations | 111,140 |  |  | — |  |  | 111,140 |  |  | — |
Municipal securities | 15,363 |  |  | — |  |  | 15,363 |  |  | — |
Corporate bonds | 19,114 |  |  | — |  |  | 19,114 |  |  | — |
Derivative instruments | (308 | ) |  | — |  |  | (308 | ) |  | — |
Assets at fair value on a nonrecurring basis: |  |  |  |  |  |  |
Impaired loans | 11,372 |  |  | — |  |  | — |  |  | 11,372 |
Other real estate owned | 1,783 |  |  | — |  |  | — |  |  | 1,783 |
As of December 31, 2017 | Fair Value |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Other Unobservable Inputs (Level 3)
Assets (liabilities) at fair value on a recurring basis: |  |  |  |  |  |  |
Available for sale securities: |  |  |  |  |  |  |
Mortgage-backed securities | $ | 90,678 |  |  | $ | — |  |  | $ | 90,678 |  |  | $ | — |
Collateralized mortgage obligations | 115,311 |  |  | — |  |  | 115,311 |  |  | — |
Municipal securities | 7,546 |  |  | — |  |  | 7,546 |  |  | — |
Corporate bonds | 18,837 |  |  | — |  |  | 18,837 |  |  | — |
Derivative instruments | (571 | ) |  | — |  |  | (571 | ) |  | — |
Assets at fair value on a nonrecurring basis: |  |  |  |  |  |  |
Impaired loans | 6,206 |  |  | — |  |  | — |  |  | 6,206 |
Other real estate owned | 2,244 |  |  | — |  |  | — |  |  | 2,244 |
Schedule of Foreclosed Assets Measured at Fair Value | The following table presents foreclosed assets that were remeasured and recorded at fair value as of:
| September 30, 2018 |  | December 31, 2017 |  | September 30, 2017
Other real estate owned remeasured at initial recognition: |  |  |  |  |
Carrying value of other real estate owned prior to remeasurement | $ | 180 |  |  | $ | 1,082 |  |  | $ | 544 |
Charge-offs recognized in the allowance for loan losses | (23 | ) |  | (195 | ) |  | (175 | )
Fair value of other real estate owned remeasured at initial recognition | $ | 157 |  |  | $ | 887 |  |  | $ | 369 |
Other real estate owned remeasured subsequent to initial recognition: |  |  |  |  |
Carrying value of other real estate owned prior to remeasurement | $ | 599 |  |  | $ | — |  |  | $ | — |
Write-downs included in collection and other real estate owned expense | (56 | ) |  | — |  |  | — |
Fair value of other real estate owned remeasured subsequent to initial recognition | $ | 543 |  |  | $ | — |  |  | $ | — |
Schedule of Quantitative Information About Nonrecurring Level 3 Fair Value Measurements | The following tables present quantitative information about nonrecurring Level 3 fair value measurements as of:
|  | Fair Value |  | Valuation Technique(s) |  | Unobservable Input(s) |  | Range (Weighted Average)
September 30, 2018 |  |  |  |  |  |  |  |
Impaired loans |  | $ | 11,372 |  |  | Fair value of collateral - sales comparison approach |  | Selling costs or other normal adjustments: Real estate Equipment |  | 10%-20% (16%) 10%-20% (19.9%)
Other real estate owned |  | $ | 1,783 |  |  | Appraisal value of collateral |  | Selling costs or other normal adjustments |  | 10%-20% (16%)
|  | Fair Value |  | Valuation Technique(s) |  | Unobservable Input(s) |  | Range (Weighted Average)
December 31, 2017 |  |  |  |  |  |  |  |
Impaired loans |  | $ | 6,206 |  |  | Fair value of collateral - sales comparison approach |  | Selling costs or other normal adjustments: Real estate Equipment |  | 10%-20% (16%) 10%-20% (3.6%)
Other real estate owned |  | $ | 2,244 |  |  | Appraisal value of collateral |  | Selling costs or other normal adjustments |  | 10%-20% (16%)
Schedule of Carrying Amounts And Estimated Fair Values of Financial Instruments | The carrying amounts and estimated fair values of financial instruments not previously discussed in this note, as of September 30, 2018 and December 31, 2017, are as follows:
|  | Fair value measurements as of September 30, 2018 using:
|  | Carrying Amount |  | Level 1 Inputs |  | Level 2 Inputs |  | Level 3 Inputs |  | Total Fair Value
Financial assets: |  |  |  |  |  |  |  |  |  |
Cash, due from banks, federal funds sold and interest-bearing deposits |  | $ | 54,051 |  |  | $ | 54,051 |  |  | $ | — |  |  | $ | — |  |  | $ | 54,051 |
Marketable securities held to maturity |  | 164,839 |  |  | — |  |  | 162,596 |  |  | — |  |  | 162,596 |
Loans, net |  | 1,638,149 |  |  | — |  |  | — |  |  | 1,622,802 |  |  | 1,622,802 |
Accrued interest receivable |  | 7,760 |  |  | — |  |  | 7,760 |  |  | — |  |  | 7,760 |
Nonmarketable equity securities |  | 13,818 |  |  | — |  |  | 13,818 |  |  | — |  |  | 13,818 |
Cash surrender value of life insurance |  | 25,747 |  |  | — |  |  | 25,747 |  |  | — |  |  | 25,747 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |
Deposits |  | $ | 1,837,339 |  |  | $ | 1,443,080 |  |  | $ | 393,086 |  |  | $ | — |  |  | $ | 1,836,166 |
Securities sold under repurchase agreements |  | 11,107 |  |  | — |  |  | 11,107 |  |  | — |  |  | 11,107 |
Accrued interest payable |  | 1,464 |  |  | — |  |  | 1,464 |  |  | — |  |  | 1,464 |
Federal Home Loan Bank advances |  | 129,140 |  |  | — |  |  | 128,853 |  |  | — |  |  | 128,853 |
Subordinated debentures |  | 12,810 |  |  | — |  |  | 10,662 |  |  | — |  |  | 10,662 |
|  | Fair value measurements as of December 31, 2017 using:
|  | Carrying Amount |  | Level 1 Inputs |  | Level 2 Inputs |  | Level 3 Inputs |  | Total Fair Value
Financial assets: |  |  |  |  |  |  |  |  |  |
Cash, due from banks, federal funds sold and interest-bearing deposits |  | $ | 91,428 |  |  | $ | 91,428 |  |  | $ | — |  |  | $ | — |  |  | $ | 91,428 |
Marketable securities held to maturity |  | 174,684 |  |  | — |  |  | 176,790 |  |  | — |  |  | 176,790 |
Loans, net |  | 1,347,779 |  |  | — |  |  | — |  |  | 1,346,361 |  |  | 1,346,361 |
Accrued interest receivable |  | 8,174 |  |  | — |  |  | 8,174 |  |  | — |  |  | 8,174 |
Nonmarketable equity securities |  | 9,453 |  |  | — |  |  | 9,453 |  |  | — |  |  | 9,453 |
Cash surrender value of life insurance |  | 19,117 |  |  | — |  |  | 19,117 |  |  | — |  |  | 19,117 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |
Deposits |  | $ | 1,676,320 |  |  | $ | 1,378,467 |  |  | $ | 297,978 |  |  | $ | — |  |  | $ | 1,676,445 |
Securities sold under repurchase agreements |  | 12,879 |  |  | — |  |  | 12,879 |  |  | — |  |  | 12,879 |
Accrued interest payable |  | 922 |  |  | — |  |  | 922 |  |  | — |  |  | 922 |
Federal Home Loan Bank advances |  | 45,153 |  |  | — |  |  | 44,722 |  |  | — |  |  | 44,722 |
Subordinated debentures |  | 13,810 |  |  | — |  |  | 11,495 |  |  | — |  |  | 11,495 |

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- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258 + Details
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