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MERGERS AND ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2018
Business Combinations [Abstract]  
Summary of Consideration Paid and Assets Acquired and Liabilities Assumed
The following table summarizes the consideration paid for Mercersburg and the estimated fair values of the assets acquired and liabilities assumed recognized at the acquisition date:
(Dollars in thousands)
Fair value of consideration transferred: 
Cash $4,866 
Common stock issued 25,053 
Total consideration transferred $29,919 
Estimated fair values of assets acquired and (liabilities) assumed: 
Cash and cash equivalents $17,273 
Securities available for sale 7,352 
Loans 141,103 
Premises and equipment 2,232 
Core deposit intangible 3,840 
Goodwill 11,873 
Cash surrender value of life insurance 6,252 
Deferred tax asset, net 1,323 
Other assets 2,055 
Deposits (160,433)
Other liabilities (2,951)
$29,919 
Schedule Of Loans Acquired In Business Combination The following table presents performing and PCI loans acquired, by loan class, at October 1, 2018.
(in thousands) Performing PCI Total 
Commercial real estate: 
Owner-occupied $10,336 $1,800 $12,136 
Non-owner occupied 4,405 672 5,077 
Multi-family 3,005 722 3,727 
Acquisition and development: 
1-4 family residential construction 878 878 
Commercial and land development 2,044 269 2,313 
Commercial and industrial 22,433 5,696 28,129 
Municipal 1,862 1,862 
Residential mortgage: 
First lien 75,034 3,103 78,137 
Home-equity - term 2,258 23 2,281 
Home equity - lines of credit 3,144 3,144 
Installment and other loans 3,233 186 3,419 
Total loans acquired $128,632 $12,471 $141,103 
Schedule Of Fair Value Adjustments Made To Amortized Cost Basis Loans
The following table presents the fair value adjustments made to the amortized cost basis of loans acquired at October 1, 2018.

(in thousands) 
Gross amortized cost basis at acquisition $149,162 
Market rate adjustment (3,464)
Credit fair value adjustment on non-credit impaired loans (1,400)
Credit fair value adjustment on impaired loans (3,195)
Estimated fair value of acquired loans $141,103 
Schedule Of Information About Purchased Credit Impaired Loans
The following table provides information about acquired PCI loans at October 1, 2018.

(in thousands) 
Contractually required principal and interest at acquisition $21,587 
Contractual cash flows not expected to be collected (nonaccretable discount) (6,873)
Expected cash flows at acquisition 14,714 
Interest component of expected cash flows (accretable discount) (2,243)
Estimated fair value of acquired PCI loans $12,471