STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2016

STOCK-BASED COMPENSATION [Abstract]

Schedule of compensation cost

The Company recognized compensation expense as follows for the three months ended March 31 (in thousands):

	Three months ending March 31,
	2016		2015
Total gross compensation expense	$	218	$	141
Total tax benefit associated with compensation expense		19		31
Total net compensation expense	$	199	$	110

Schedule of unrecognized compensation expense

As of March 31, 2016, the Company expects to record compensation expense in the future as follows (in thousands):

		Nine months	Year ending December 31,
		ending December 31, 2016			2017		2018		2019
Total gross unrecognized compensation expense	$	297		$	255	$	71	$	29
Tax benefit associated with unrecognized compensation expense		32			17		—		—
Total net unrecognized compensation expense	$	265		$	238	$	71	$	29