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LOANS (Details) - USD ($) $ in Thousands | Sep. 30, 2024 | Jun. 30, 2024 | Dec. 31, 2023 | Sep. 30, 2023 | Jun. 30, 2023 | Dec. 31, 2022
--- | --- | --- | --- | --- | --- | ---
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |  |
Loans HFI, at amortized cost, gross | $ 941,964 |  | $ 812,048 |  |  |  |
Deferred loan costs, net | 18,060 |  | 14,707 |  |  |  |
Discount on government guaranteed loans sold | (7,880) |  | (7,040) |  |  |  |
Premium on loans purchased, net | 3,860 |  | 4,503 |  |  |  |
Allowance for credit losses | (14,186) | $ (13,843) | (13,497) | [1] | $ (13,365) | $ (12,598) | $ (9,046)
Net loans HFI, at amortized cost | 941,818 |  | 810,721 | [1] |  |  |
Residential |  |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |  |
Loans HFI, at amortized cost, gross | 321,740 |  | 264,126 |  |  |  |
Allowance for credit losses | (1,173) | (1,234) | (1,987) |  | (2,681) | (2,542) | (731)
Commercial |  |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |  |
Loans HFI, at amortized cost, gross | 292,026 |  | 293,595 |  |  |  |
Allowance for credit losses | (1,863) | (1,864) | (1,818) |  | (1,558) | (1,889) | (956)
Construction and land |  |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |  |
Loans HFI, at amortized cost, gross | 33,784 |  | 26,272 |  |  |  |
Allowance for credit losses | (514) | (555) | (519) |  | (480) | (359) | (28)
Commercial and Industrial |  |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |  |
Loans HFI, at amortized cost, gross | 200,212 |  | 177,566 |  |  |  |
Allowance for credit losses | (8,305) | (7,714) | (6,579) |  | (7,444) | (7,011) | (6,182)
Commercial and industrial - PPP |  |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |  |
Loans HFI, at amortized cost, gross | 1,656 |  | 3,202 |  |  |  |
Consumer and other |  |  |  |  |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |  |  |  |  |
Loans HFI, at amortized cost, gross | 92,546 |  | 47,287 |  |  |  |
Allowance for credit losses | $ (2,331) | $ (2,476) | $ (2,594) |  | $ (1,202) | $ (797) | $ (1,090)
[1] | Derived from audited consolidated financial statements

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