STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2016

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 ending June 30				Six months ending June 30
		2016		2015		2016		2015
Total gross compensation expense	$	141	$	161	$	360	$	301
Total tax benefit associated with compensation expense		28		43		47		86
Total net compensation expense	$	113	$	118	$	313	$	215

Schedule of unrecognized compensation expense

As of June 30, 2016, the Company expects to record compensation expense in the future as follows (in thousands):

		Six months		Year ending December 31,
		ending December 31, 2016		2017		2018		2019
Total gross unrecognized compensation expense	$	221	$	297	$	91	$	29
Tax benefit associated with unrecognized compensation expense		29		33		7		—
Total net unrecognized compensation expense	$	192	$	264	$	84	$	29