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EARNINGS PER SHARE - Computation of earnings per share (Details) - Calculation of earnings per share - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Net income $ 1,512 $ 2,234
Less: Preferred stock dividends declared (40)
Net income available to common shareholders $ 1,512 2,194
Less: Undistributed earnings allocated to participating securities (13) (19)
Net income allocated to common stock 1,499 2,175
Weighted-average common shares issued 2,747 2,723
Less: Unvested restricted stock awards (24) (24)
Weighted average common shares outstanding used to calculate basic earnings per common share 2,723 2,699
Add: Dilutive effect of stock options 18 17
Weighted-average common shares outstanding used to calculate diluted earnings per common share $ 2,741 $ 2,716
Earnings per common share (basic) $ 0.55 $ 0.81
Earnings per common share (diluted) $ 0.55 $ 0.80