STOCK-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2016

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 ending September 30				Nine months ending September 30
	2016		2015		2016		2015
Total gross compensation expense	$	115	$	149	$	474	$	450
Total tax benefit associated with compensation expense		15		38		62		111
Total net compensation expense	$	100	$	111	$	412	$	339

Schedule of unrecognized compensation expense

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

	Three months		Year ending December 31,
	ending December 31, 2016		2017		2018		2019
Total gross unrecognized compensation expense	$	106	$	297	$	91	$	29
Tax benefit associated with unrecognized compensation expense		14		33		7		—
Total net unrecognized compensation expense	$	92	$	264	$	84	$	29