FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The tables below present the recorded amount of assets measured at fair value on a recurring basis at December 31, 2014 and 2013. No assets were transferred from one hierarchy level to another during 2014 or 2013.

					Significant Other		Significant
			Quoted Prices		Observable Inputs		Unobservable Inputs
(Dollars in thousands)	Fair Value		(Level 1)		(Level 2)		(Level 3)
December 31, 2014
Securities available for sale:
U.S. Treasury	$	5,215	$	5,215	$	-	$	-
U.S. Government agencies		74,960		-		74,960		-
Mortgage-backed		155,303		-		155,303		-
Equity		630		-		630		-
Total	$	236,108	$	5,215	$	230,893	$	-

					Significant Other		Significant
			Quoted Prices		Observable Inputs		Unobservable
(Dollars in thousands)	Fair Value		(Level 1)		(Level 2)		Inputs (Level 3)
December 31, 2013
Securities available for sale:
U.S. Treasury	$	5,343	$	5,343	$	-	$	-
U.S. Government agencies		60,444		-		60,444		-
Mortgage-backed		80,713		-		80,713		-
Equity		601		-		601		-
Total	$	147,101	$	5,343	$	141,758	$	-

Fair Value Assets Measured on Nonrecurring Basis [Table Text Block]

The tables below present the recorded amount of assets measured at fair value on a nonrecurring basis at December 31, 2014 and 2013. No assets were transferred from one hierarchy level to another during 2014 or 2013.

					Significant Other		Significant
			Quoted Prices		Observable Inputs		Unobservable Inputs
(Dollars in thousands)	Fair Value		(Level 1)		(Level 2)		(Level 3)
December 31, 2014
Impaired loans
Construction	$	10,026	$	-	$	10,026	$	-
Residential real estate		9,304		-		9,304		-
Commercial real estate		9,230		-		9,230		-
Commercial		187		-		187		-
Consumer		121		-		121		-
Total impaired loans		28,868		-		28,868		-
Other real estate owned		3,691		-		3,691		-
Total assets measured at fair value on a nonrecurring basis	$	32,559	$	-	$	32,559	$	-

					Significant Other		Significant
			Quoted Prices		Observable Inputs		Unobservable
(Dollars in thousands)	Fair Value		(Level 1)		(Level 2)		Inputs (Level 3)
December 31, 2013
Impaired loans
Construction	$	5,365	$	-	$	5,365	$	-
Residential real estate		19,463		-		19,463		-
Commercial real estate		14,418		-		14,418		-
Commercial		642		-		642		-
Consumer		43		-		43		-
Total impaired loans		39,931		-		39,931		-
Loans held for sale		3,521		-		3,521		-
Other real estate owned		3,779		-		3,779		-
Total assets measured at fair value on a nonrecurring basis	$	47,231	$	-	$	47,231	$	-

Schedule of Estimated Fair Values of Financial Assets and Liabilities [Table Text Block]

The following table provides information on the estimated fair values of the Company’s financial assets and liabilities that are reported in the balance sheets at their carrying amounts. The financial assets and liabilities have been segregated by their classification level in the fair value hierarchy.

	December 31, 2014				December 31, 2013
			Estimated				Estimated
	Carrying		Fair		Carrying		Fair
(Dollars in thousands)	Amount		Value		Amount		Value
Financial assets
Level 2 inputs
Cash and cash equivalents	$	96,223	$	96,223	$	131,090	$	131,090
Investment securities held to maturity		4,630		4,694		5,185		5,062
Loans, net		703,051		724,771		701,194		721,688

Financial liabilities
Level 2 inputs
Deposits	$	949,004	$	948,605	$	933,468	$	934,943
Short-term borrowings		4,808		4,808		10,140		10,140