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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2023
Accounting Policies [Abstract] |
Schedule of the Impact of Topic 326 | The following table illustrates the impact of Topic 326:
|  | January 1, 2023
(In thousands) |  | Pre Topic 326 |  | As Reported Under Topic 326 |  | Impact of Topic 326 Adoption
Allowance for Credit Losses on Loans: |  |  |  |  |  |
Commercial and industrial |  | $ | (2,848) |  |  | $ | (2,086) |  |  | $ | 762 |
Commercial real estate |  | (10,016) |  |  | (11,122) |  |  | (1,106) |
Real estate construction |  | (1,000) |  |  | (2,347) |  |  | (1,347) |
Residential mortgage |  | (3,029) |  |  | (3,326) |  |  | (297) |
Home equity lines of credit |  | (347) |  |  | (364) |  |  | (17) |
Consumer |  | (376) |  |  | (234) |  |  | 142 |
Unallocated |  | (245) |  |  | — |  |  | 245 |
Allowance for credit losses on loans |  | $ | (17,861) |  |  | $ | (19,479) |  |  | $ | (1,618) |
Assets: |  |  |  |  |  |
Total Loans, net of allowance for credit losses |  | $ | 1,520,749 |  |  | $ | 1,519,131 |  |  | $ | 1,618 |
Net deferred tax asset |  | 17,718 |  |  | 18,452 |  |  | 734 |
Liabilities: |  |  |  |  |  |
Allowance for unfunded commitments |  | 92 |  |  | 1,735 |  |  | 1,643 |
Equity: |  |  |  |  |  |
Retained earnings |  | 245,042 |  |  | 242,674 |  |  | 2,368 |

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