INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2017

Income Tax Disclosure [Abstract]

Schedule of components of income taxes

	Year Ended December 31,
(in thousands)	2017			2016			2015
Current
Federal		$	7,920		$	3,466		$	2,873
State and local			2,499			492			141
Total current			10,419			3,958			3,014
Deferred
Federal			1,045			(795)			(622)
State and local			(255)			(118)			167
Total deferred			790			(913)			(455)
Total income tax expense		$	11,209		$	3,045		$	2,559

Schedule of deferred tax assets and liabilities

	At December 31,
	2017			2016
Deferred tax assets:
Allowance for loan losses		$	4,583		$	4,990
Nonaccrual interest income			28			159
Off balance sheet reserves			110			68
Restricted stock			153			165
Tangible asset			23			36
Non-Qualified stock options			183			251
Unrealized loss on securities available for sale			86			118
Total gross deferred tax assets			5,166			5,787
Deferred tax liabilities:
Depreciation and amortization			574			427
Prepaid asset			159			150
Total gross deferred tax liabilities			733			577
Net deferred tax asset, included in other assets		$	4,433		$	5,210

Schedule of reconciliation of statutory federal income tax rate

	For the year ended December 31,
	2017					2016					2015
	Tax expense/  (benefit)			Rate		Tax expense/  (benefit)			Rate		Tax expense/  (benefit)			Rate
Pretax income at statutory rates		$	8,252		35.00%		$	2,740		34.00%		$	2,322		34.00%
State and local taxes, net of federal income  tax benefit			1,459		6.19			247		3.10			204		3.00
Nondeductible expenses			21		0.09			19		0.20			13		0.20
Stock options			(113)		(0.48)			49		0.60			16		0.20
Tax-exempt income, net			(10)		(0.04)			(10)		(0.10)			—		—
Impact of U.S. tax reform (the Tax Act)			1,581		6.71			—		—			—		—
Other			19		0.08			—		—			4		0.10
Effective income tax expense/rate		$	11,209		47.55%		$	3,045		37.80%		$	2,559		37.50%