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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables) | 9 Months Ended
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Sep. 30, 2022
Fair Value Disclosures [Abstract] |
Schedule of estimated fair value of financial instruments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Carrying | ​ | Fair | ​ | Fair value measurements
​ |  | amount |  | value |  | Level 1 |  | Level 2 |  | Level 3
September 30, 2022 |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Financial assets: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Cash and cash equivalents | ​ | $ | 224,681 | ​ | $ | 224,681 | ​ | $ | 224,681 | ​ | $ | — | ​ | $ | —
Interest bearing deposits in banks | ​ |  | 2,490 | ​ |  | 2,490 | ​ |  | 2,490 | ​ |  | — | ​ |  | —
Investment securities available-for-sale | ​ |  | 152,810 | ​ |  | 152,810 | ​ |  | — | ​ |  | 152,810 | ​ |  | —
Equity securities | ​ | ​ | 14,403 | ​ | ​ | 14,403 | ​ | ​ | 14,403 | ​ | ​ | — | ​ | ​ | —
Investment in FHLB and FRB Stock | ​ |  | 20,274 | ​ |  | 20,274 | ​ |  | 20,274 | ​ |  | — | ​ |  | —
Loans held for sale | ​ |  | 3,491 | ​ |  | 3,491 | ​ |  | — | ​ |  | 3,491 | ​ |  | —
Loans, net | ​ |  | 1,976,916 | ​ |  | 1,966,985 | ​ |  | — | ​ |  | — | ​ |  | 1,966,985
Accrued interest receivable | ​ |  | 7,587 | ​ |  | 7,587 | ​ |  | — | ​ |  | 7,587 | ​ |  | —
Financial liabilities: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Deposits | ​ |  | 2,115,451 | ​ |  | 2,117,020 | ​ |  | — | ​ |  | 2,117,020 | ​ |  | —
Junior subordinated deferrable interest debentures, net | ​ | ​ | 8,464 | ​ | ​ | 7,775 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 7,775
Subordinated debt, net | ​ | ​ | 63,669 | ​ |  | 63,669 | ​ |  | — | ​ | ​ | 63,669 | ​ | ​ | —
Accrued interest payable | ​ |  | 293 | ​ |  | 293 | ​ |  | — | ​ |  | 293 | ​ |  | —
Off-balance sheet liabilities: | ​ |  | ​ | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Undisbursed loan commitments, lines of credit, standby letters of credit | ​ |  | 102,713 | ​ |  | 102,398 | ​ |  | — | ​ |  | — | ​ |  | 102,398
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Carrying | ​ | Fair | ​ | Fair value measurements
​ |  | amount |  | value |  | Level 1 |  | Level 2 |  | Level 3
December 31, 2021 |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Financial assets: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Cash and cash equivalents | ​ | $ | 379,687 | ​ | $ | 379,687 | ​ | $ | 379,687 | ​ | $ | — | ​ | $ | —
Interest bearing deposits in banks | ​ |  | 3,585 | ​ |  | 3,585 | ​ |  | 3,585 | ​ |  | — | ​ |  | —
Investment securities available-for-sale | ​ |  | 155,658 | ​ |  | 155,658 | ​ |  | — | ​ |  | 155,658 | ​ |  | —
Equity securities | ​ | ​ | 18,777 | ​ | ​ | 18,777 | ​ | ​ | 18,777 | ​ | ​ | — | ​ | ​ | —
Investment in FHLB and FRB Stock | ​ |  | 16,035 | ​ |  | 16,035 | ​ |  | 16,035 | ​ |  | — | ​ |  | —
Loans held for sale | ​ |  | 6,470 | ​ |  | 6,470 | ​ |  | — | ​ |  | 6,470 | ​ |  | —
Loans, net | ​ |  | 1,647,190 | ​ |  | 1,659,811 | ​ |  | — | ​ |  | — | ​ |  | 1,659,811
Accrued interest receivable | ​ |  | 5,929 | ​ |  | 5,929 | ​ |  | — | ​ |  | 5,929 | ​ |  | —
Financial liabilities: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Deposits | ​ |  | 1,985,239 | ​ |  | 1,986,651 | ​ |  | — | ​ |  | 1,986,651 | ​ |  | —
Junior subordinated deferrable interest debentures, net | ​ |  | 8,403 | ​ |  | 8,612 | ​ |  | — | ​ |  | — | ​ |  | 8,612
Subordinated debt, net | ​ |  | 63,542 | ​ |  | 63,542 | ​ |  | — | ​ |  | 63,542 | ​ |  | —
Accrued interest payable | ​ |  | 1,180 | ​ |  | 1,180 | ​ |  | — | ​ |  | 1,180 | ​ |  | —
Off-balance sheet liabilities: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ | ​ | ​
Undisbursed loan commitments, lines of credit, standby letters of credit | ​ |  | 104,139 | ​ |  | 103,824 | ​ |  | — | ​ |  | — | ​ |  | 103,824

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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + 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 https://asc.fasb.org/extlink&oid=123594938&loc=d3e13467-108611 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 (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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- References No definition available. + Details
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