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BASIS OF PRESENTATION (Tables) | 9 Months Ended
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Sep. 30, 2021
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |
Schedule of Condensed Balance Sheets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Consolidated Balance Sheets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
December 31, 2020 | ​ | As Reported | ​ | Adjustment | ​ | As Revised
Deferred tax assets, net | ​ | $ | 1,745 | ​ | $ | 1,302 | ​ | $ | 3,047
Other assets | ​ | ​ | 73,662 | ​ | ​ | (2,789) | ​ | ​ | 70,873
Total assets | ​ | $ | 3,725,762 | ​ | $ | (1,487) | ​ | $ | 3,724,275
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other liabilities | ​ | $ | 72,183 | ​ | $ | 2,789 | ​ | $ | 74,972
Total liabilities | ​ | ​ | 3,314,421 | ​ | ​ | 2,789 | ​ | ​ | 3,317,210
Total shareholders' equity | ​ | ​ | 411,341 | ​ | ​ | (4,276) | ​ | ​ | 407,065
Total liabilities and shareholders' equity | ​ | $ | 3,725,762 | ​ | $ | (1,487) | ​ | $ | 3,724,275
Schedule of Consolidated Statements of Comprehensive Income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Consolidated Statements of Comprehensive Income (Unaudited)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Three months ended September 30, 2020 | ​ | As Reported | ​ | Adjustment | ​ | As Revised
Other comprehensive income, before tax: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Changes in unrealized gain (loss) on hedging derivatives | ​ | $ | 805 | ​ | $ | 497 | ​ | $ | 1,302
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income taxes related to other comprehensive income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Changes in unrealized (gain) loss on hedging derivatives | ​ | ​ | (190) | ​ | ​ | (118) | ​ | ​ | (308)
Total other comphrensive income | ​ | ​ | 884 | ​ | ​ | 379 | ​ | ​ | 1,263
Total comphrensive income | ​ | $ | 9,286 | ​ | $ | 379 | ​ | $ | 9,665
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Nine months ended September 30, 2020 | ​ | As Reported | ​ | Adjustment | ​ | As Revised
Other comprehensive income, before tax: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Changes in unrealized gain (loss) on hedging derivatives | ​ | $ | (833) | ​ | $ | (6,735) | ​ | $ | (7,568)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income taxes related to other comprehensive income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Changes in unrealized (gain) loss on hedging derivatives | ​ | ​ | 195 | ​ | ​ | 1,580 | ​ | ​ | 1,776
Total other comphrensive income | ​ | ​ | 5,494 | ​ | ​ | (5,155) | ​ | ​ | 339
Total comphrensive income | ​ | $ | 30,098 | ​ | $ | (5,155) | ​ | $ | 24,943
Schedule of Consolidated Statement of Changes in Stockholders Equity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Consolidated Statements of Changes in Shareholder's Equity (Unaudited)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As Reported | ​ | Adjustment | ​ | As Revised
Balance at December 31, 2019 | ​ | $ | 396,407 | ​ | $ | (119) | ​ | $ | 396,288
Beginning accumulated other comprehensive income | ​ | ​ | 3,911 | ​ | ​ | (119) | ​ | ​ | 3,792
Other comprehensive income | ​ | ​ | 4,610 | ​ | ​ | (5,534) | ​ | ​ | (924)
Ending accumulated other comprehensive income | ​ | ​ | 8,521 | ​ | ​ | (5,653) | ​ | ​ | 2,868
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balance at June 30, 2020 | ​ | $ | 404,174 | ​ | $ | (5,653) | ​ | $ | 398,521
Beginning accumulated other comprehensive income | ​ | ​ | 8,521 | ​ | ​ | (5,653) | ​ | ​ | 2,868
Other comprehensive income | ​ | ​ | 884 | ​ | ​ | 379 | ​ | ​ | 1,263
Ending accumulated other comprehensive income | ​ | ​ | 9,405 | ​ | ​ | (5,274) | ​ | ​ | 4,131
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balance at September 30, 2020 | ​ | $ | 404,445 | ​ | $ | (5,274) | ​ | $ | 399,171
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balance at December 31, 2020 | ​ | $ | 411,341 | ​ | $ | (4,276) | ​ | $ | 407,065
Beginning accumulated other comprehensive income | ​ | ​ | 11,016 | ​ | ​ | (4,276) | ​ | ​ | 6,740
Other comprehensive income | ​ | ​ | (3,322) | ​ | ​ | 2,464 | ​ | ​ | (858)
Ending accumulated other comprehensive income | ​ | ​ | 7,694 | ​ | ​ | (1,812) | ​ | ​ | 5,882
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balance at June 30, 2021 | ​ | $ | 415,572 | ​ | $ | (1,812) | ​ | $ | 413,760
Accounting Standards Update 2016-13 |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |
Schedule of impact of CECL adoption | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Reclassification | ​ | Pre-CECL | ​ | Post-CECL | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | to CECL | ​ | Adoption | ​ | Adoption | ​ | Impact of
​ | ​ | Pre-CECL | ​ | Portfolio | ​ | Portfolio | ​ | Portfolio | ​ | CECL
(in thousands) |  | Adoption |  | Segmentation |  | Segmentation |  | Segmentation |  | Adoption
Assets: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Loans: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Commercial construction | ​ | $ | 131,123 | ​ | $ | (13,241) | ​ | $ | 117,882 | ​ | $ | 117,882 | ​ | $ | —
Commercial real estate | ​ |  | 953,258 | ​ |  | (953,258) | ​ |  | — | ​ |  | — | ​ |  | —
Commercial real estate owner occupied | ​ |  | — | ​ |  | 219,217 | ​ |  | 219,217 | ​ |  | 219,217 | ​ |  | —
Commercial real estate non-owner occupied | ​ |  | — | ​ |  | 716,776 | ​ |  | 716,776 | ​ |  | 716,776 | ​ |  | —
Tax exempt | ​ |  | 63,431 | ​ |  | (15,569) | ​ |  | 47,862 | ​ |  | 47,862 | ​ |  | —
Commercial and industrial | ​ |  | 377,638 | ​ |  | (21,954) | ​ |  | 355,684 | ​ |  | 355,684 | ​ |  | —
Residential real estate | ​ |  | 923,891 | ​ |  | 71,325 | ​ |  | 995,216 | ​ |  | 995,216 | ​ |  | —
Home equity | ​ |  | 102,464 | ​ |  | (2,368) | ​ |  | 100,096 | ​ |  | 100,096 | ​ |  | —
Consumer other | ​ |  | 11,080 | ​ |  | (928) | ​ |  | 10,152 | ​ |  | 10,152 | ​ |  | —
Total loans | ​ | $ | 2,562,885 | ​ | $ | — | ​ | $ | 2,562,885 | ​ | $ | 2,562,885 | ​ | $ | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Allowance for credit losses on loans | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Commercial construction | ​ | $ | 1,044 | ​ | $ | (220) | ​ | $ | 824 | ​ | $ | 2,020 | ​ | $ | 1,196
Commercial real estate | ​ |  | 10,199 | ​ |  | (10,199) | ​ |  | — | ​ |  | — | ​ |  | —
Commercial real estate owner occupied | ​ |  | — | ​ |  | 1,783 | ​ |  | 1,783 | ​ |  | 2,491 | ​ |  | 708
Commercial real estate non-owner occupied | ​ |  | — | ​ |  | 7,864 | ​ |  | 7,864 | ​ |  | 5,856 | ​ |  | (2,008)
Tax exempt | ​ |  | 80 | ​ |  | (22) | ​ |  | 58 | ​ |  | 98 | ​ |  | 40
Commercial and industrial | ​ |  | 3,302 | ​ |  | (165) | ​ |  | 3,137 | ​ |  | 6,133 | ​ |  | 2,996
Residential real estate | ​ |  | 4,078 | ​ |  | 932 | ​ |  | 5,010 | ​ |  | 6,742 | ​ |  | 1,732
Home equity | ​ |  | 258 | ​ |  | 27 | ​ |  | 285 | ​ |  | 888 | ​ |  | 603
Consumer other | ​ |  | 121 | ​ |  | — | ​ |  | 121 | ​ |  | 82 | ​ |  | (39)
Total allowance for credit losses on loans | ​ | $ | 19,082 | ​ | $ | — | ​ | $ | 19,082 | ​ | $ | 24,310 | ​ | $ | 5,228
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Liabilities: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Allowance for credit losses on unfunded commitments | ​ | $ | 359 | ​ | $ | — | ​ | $ | 359 | ​ | $ | 1,975 | ​ | $ | 1,616
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total allowance for credit losses | ​ | $ | 19,441 | ​ | $ | — | ​ | $ | 19,441 | ​ | $ | 26,285 | ​ | $ | 6,844
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Retained earnings: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Total increase in Allowance for credit losses | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ | $ | 6,844
Tax effect | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | (1,602)
Decrease to retained earnings | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ | $ | 5,242

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