STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2014

STOCK-BASED COMPENSATION [Abstract]

Schedule of compensation cost

The Company recognized compensation expense as follows for the three and six months ended June 30 (in thousands):

	Three months ended June 30				Six months ended June 30
	2014		2013		2014		2013
Total gross compensation expense	$	124	$	59	$	302	$	96
Total tax benefit associated with compensation expense		30		13		90		21
Total net compensation expense	$	94	$	46	$	212	$	75

Schedule of unrecognized compensation cost

As of June 30, 2014, the Company expects to record compensation expense in the future as follows (in thousands):

	Six months ending December 31, 2014		Year ending December 31,
			2015		2016		2017		2018
Total gross unrecognized compensation expense	$	189	$	397	$	203	$	49	$	7
Tax benefit associated with unrecognized compensation expense		40		77		13		-		-
Total net unrecognized compensation expense	$	149	$	320	$	190	$	49	$	7