EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2013

EARNINGS PER SHARE [Abstract]

Calculations of basic and diluted earnings per share

The following table sets forth the calculation of basic and diluted earnings per share:

	Years Ended
	December 31,
(In thousands, except per share data)	2013		2012
Basic Earnings Per Common Share
Net income available to common shareholders	$	2,406	$	2,199
Weighted average common shares outstanding		2,517		2,504
Basic earnings per common share	$	0.96	$	0.88
Diluted Earnings Per Common Share
Net income available to common shareholders	$	2,406	$	2,199
Weighted average common shares outstanding		2,517		2,504
Effect of assumed exercise of stock options		14		8
Effect of assumed exercise of stock warrants		-		4
Diluted weighted average common shares outstanding		2,531		2,516
Diluted earnings per common share	$	0.95	$	0.87