STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2015

STOCK-BASED COMPENSATION [Abstract]

Schedule of compensation cost

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

	Three months ended September 30				Nine months ended September 30
	2015		2014		2015		2014
Total gross compensation expense	$	149	$	95	$	450	$	397
Total tax benefit associated with compensation expense		38		20		111		101
Total net compensation expense	$	111	$	75	$	339	$	296

Schedule of unrecognized compensation expense

As of September 30, 2015, the Company expects to record compensation expense in the future as follows (in thousands):

	Three months		Year ending December 31,
	ending December 31, 2015		2016		2017			2018
Total gross unrecognized compensation expense	$	143	$	341		$	167	$	105
Tax benefit associated with unrecognized compensation expense		32		47			11		—
Total net unrecognized compensation expense	$	111	$	294		$	156	$	105