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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2024
INCOME TAXES |
Schedule of Components of Income Tax Expense (Benefit) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | 2024 |  | 2023 |  | 2022
Current: |  | ​ |  |  | ​ |  |  | ​ |
Federal tax expense | ​ | $ | 7,688 | ​ | $ | 10,704 | ​ | $ | 10,444
State tax expense | ​ |  | 1,748 | ​ |  | 2,247 | ​ |  | 1,551
Total current tax expense | ​ |  | 9,436 | ​ |  | 12,951 | ​ |  | 11,995
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Deferred tax (benefit) expense | ​ |  | (366) | ​ |  | (686) | ​ |  | (707)
Total income tax expense | ​ | $ | 9,070 | ​ | $ | 12,265 | ​ | $ | 11,288
Schedule of Effective Income Tax Rate Reconciliation | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2024 | ​ | 2023 | ​ | 2022 |
(in thousands, except ratios) | ​ | Amount | ​ | Rate | ​ | Amount | ​ | Rate | ​ | Amount | ​ | Rate |
Statutory tax rate |  | $ | 11,049 |  | 21.00 | % | $ | 11,995 |  | 21.00 | % | $ | 11,517 |  | 21.00 | %
Increase (decrease) resulting from: |  | ​ |  |  | ​ |  | ​ |  |  | ​ |  | ​ |  |  | ​ |
State taxes, net of federal benefit |  | ​ | 1,287 |  | 2.45 |  | ​ | 1,539 |  | 2.69 |  | ​ | 1,477 |  | 2.69 |
Tax exempt interest |  | ​ | (1,405) |  | (2.67) |  | ​ | (1,042) |  | (1.82) |  | ​ | (1,003) |  | (1.83) |
Federal tax credits |  | ​ | (239) |  | (0.45) |  | ​ | (471) |  | (0.82) |  | ​ | (241) |  | (0.44) |
Officers' life insurance |  | ​ | (416) |  | (0.79) |  | ​ | (578) |  | (1.01) |  | ​ | (498) |  | (0.91) |
Gain on disposal of low income housing tax credit investments |  | ​ | — |  | — |  | ​ | — |  | — |  | ​ | — |  | — |
Stock-based compensation plans |  | ​ | (37) |  | (0.07) |  | ​ | 17 |  | 0.03 |  | ​ | (16) |  | (0.03) |
Other |  | ​ | (1,169) | ​ | (2.22) |  | ​ | 805 |  | 1.40 |  | ​ | 52 |  | 0.10 |
Effective tax rate | ​ | $ | 9,070 |  | 17.25 | % | $ | 12,265 |  | 21.47 | % | $ | 11,288 |  | 20.58 | %
Schedule of Deferred Tax Assets and Liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2024 | ​ | 2023
(in thousands) | ​ | Assets | ​ | Liabilities | ​ | Assets | ​ | Liabilities
Allowance for credit losses |  | $ | 6,872 |  | $ | — |  | $ | 6,593 |  | $ | —
Deferred compensation | ​ |  | 3,941 | ​ |  | — | ​ |  | 3,678 | ​ |  | —
Unrealized gain or loss on securities available for sale | ​ |  | 14,557 | ​ |  | — | ​ |  | 14,702 | ​ |  | —
Unrealized gain or loss on derivatives | ​ |  | 786 | ​ |  | — | ​ |  | 312 | ​ |  | —
Depreciation | ​ |  | — | ​ |  | 1,403 | ​ |  | — | ​ |  | 1,101
Deferred loan origination fees, net | ​ |  | 13 | ​ |  | — | ​ |  | — | ​ |  | 129
Non-accrual interest | ​ |  | 731 | ​ |  | — | ​ |  | 632 | ​ |  | —
Branch acquisition costs and goodwill | ​ |  | — | ​ |  | 2,363 | ​ |  | — | ​ |  | 1,987
Core deposit intangible | ​ |  | — | ​ |  | 547 | ​ |  | — | ​ |  | 689
Acquisition fair value adjustments | ​ |  | 260 | ​ |  | — | ​ |  | 232 | ​ |  | —
Prepaid expenses | ​ |  | — | ​ |  | 287 | ​ |  | — | ​ |  | 297
Mortgage servicing rights | ​ |  | — | ​ |  | 738 | ​ |  | — | ​ |  | 741
Equity compensation | ​ |  | 1,269 | ​ |  | — | ​ |  | 1,016 | ​ |  | —
Prepaid pension | ​ |  | — | ​ |  | 673 | ​ |  | — | ​ |  | 669
Contract incentives | ​ |  | 391 | ​ |  | — | ​ |  | 564 | ​ |  | —
Right of use asset | ​ |  | — | ​ |  | 2,053 | ​ |  | — | ​ |  | 1,611
Lease liability | ​ |  | 2,209 | ​ |  | — | ​ |  | 1,716 | ​ |  | —
Other | ​ |  | 365 | ​ |  | — | ​ |  | 758 | ​ |  | —
Total | ​ | $ | 31,394 | ​ | $ | 8,064 | ​ | $ | 30,203 | ​ | $ | 7,224

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