FAIR VALUE MEASUREMENT (Tables)

3 Months Ended

Mar. 31, 2016

FAIR VALUE MEASUREMENT [Abstract]

Schedule of assets and liabilities measured at fair value on a recurring basis

(Dollars in thousands)			Quoted Prices in		Significant Other		Significant
			Active Markets for		Observable		Unobservable
			Identical Assets		Inputs		Inputs
Description	March 31, 2016		(Level 1)		(Level 2)		(Level 3)
Recurring:
U.S. Agencies	$	22,338	$	—	$	22,338	$	—
MBS
Residential		47,284		—		47,284		—
Municipals		9,266		—		9,266		—
Mortgage servicing rights		13		—		—		13
Total	$	78,901	$	—	$	78,888	$	13

(Dollars in thousands)			Quoted Prices in		Significant Other		Significant
			Active Markets for		Observable		Unobservable
			Identical Assets		Inputs		Inputs
Description	December 31, 2015		(Level 1)		(Level 2)		(Level 3)
Recurring:
U.S. Agencies	$	30,433	$	—	$	30,433	$	—
MBS
Residential		40,934		—		40,934		—
Municipals		8,574		—		8,574		—
Mortgage servicing rights		14		—		—		14
Total	$	79,955	$	—	$	79,941	$	14

Schedule of fair value of Level 3 assets

(Dollars in thousands)	Mortgage Servicing Rights
Beginning balance (December 31, 2015)	$	14
Amortization		1
Ending Balance (March 31, 2016)	$	13

(Dollars in thousands)	Mortgage Servicing Rights
Beginning balance (December 31, 2014)	$	22
Amortization		8
Ending Balance (December 31, 2015)	$	14

Schedule of assets and liabilities measured at fair value on a non recurring basis

(Dollars in thousands)			Quoted Prices in		Significant Other		Significant
			Active Markets for		Observable		Unobservable
			Identical Assets		Inputs		Inputs
Description	March 31, 2016		(Level 1)		(Level 2)		(Level 3)
Nonrecurring:
OREO	$	2,544	$	—	$	—	$	2,544
Impaired loans:
Commercial real estate		7,197		—		—		7,197
Faith-based non-profit		15,738		—		—		15,738
Residential real estate		2,316		—		—		2,316
Consumer		—		—		—		—
Total	$	27,795	$	—	$	—	$	27,795

(Dollars in thousands)			Quoted Prices in		Significant Other		Significant
			Active Markets for		Observable		Unobservable
			Identical Assets		Inputs		Inputs
Description	December 31, 2015		(Level 1)		(Level 2)		(Level 3)
Nonrecurring:
OREO	$	2,764	$	—	$	—	$	2,764
Impaired loans:
Commercial real estate		7,257		—		—		7,257
Faith-based non-profit		16,148		—		—		16,148
Residential real estate		2,512		—		—		2,512
Total	$	28,681	$	—	$	—	$	28,681

Schedule of Level 3 fair value measurement methods

(Dollars in thousands)					Significant		Significant
			Valuation		Unobservable		Unobservable
Description	March 31, 2016		Technique		Inputs		Input Value
Nonrecurring:
OREO	$	2,544		discounted appraisals		collateral discounts		6-20%
Impaired loans		25,251		discounted appraisals		collateral discounts		6-20%
Total	$	27,795

(Dollars in thousands)					Significant		Significant
			Valuation		Unobservable		Unobservable
Description	December 31, 2015		Technique		Inputs		Input Value
Nonrecurring:
OREO	$	2,764		discounted appraisals		collateral discounts		6-20%
Impaired loans		25,917		discounted appraisals		collateral discounts		6-20%
Total	$	28,681

Schedule of carrying amount and fair value of financial instruments

	March 31, 2016
(Dollars in thousands)	Carrying		Estimated
	Amount		Fair Value		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	46,853	$	46,853	$	46,853	$	—	$	—
Investment securities available for sale		78,888		78,888		—		78,888		—
Loans, net of allowances for loan losses		157,256		161,553		—		—		161,553
Accrued interest receivable		771		771		771		—		—
Liabilities:
Non-maturity deposits	$	132,560	$	132,560	$	132,560	$	—	$	—
Maturity deposits		129,972		129,222		—		129,222		—
Other borrowings		901		873		—		—		873
Accrued interest payable		89		89		89		—		—

	December 31, 2015
(Dollars in thousands)	Carrying Amount		Estimated
	Amount		Fair Value		Level 1		Level 2		Level 3
Assets:
Cash, cash equivalents and interest-bearing time deposits	$	34,938	$	34,938	$	34,938	$	—	$	—
Investment securities available for sale		79,941		79,941		—		79,941		—
Loans, net of allowances for loan losses		161,414		165,105		—		—		165,105
Accrued interest receivable		785		785		785		—		—
Liabilities:
Non-maturity deposits	$	121,315	$	121,315	$	121,315	$	—	$	—
Maturity deposits		133,385		132,687		—		132,687		—
Other borrowings		938		889		—		—		889
Accrued interest payable		95		95		95		—		—