INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2015

Income Tax Disclosure [Abstract]

Significant Components of Deferred Tax Assets and Liabilities

Significant components of the deferred tax assets and liabilities are as follows:

	June 30,		December 31,
	2015		2014
	(Dollars in thousands)
Deferred tax assets:
Loan loss reserves	$	5,909	$	6,190
Postretirement benefits		1,042		1,066
Depreciation		735		625
Other real estate owned valuation		418		498
Tax credits carryforward		736		513
Unrealized loss on securities available for sale		3,426		2,324
Interest on nonaccrual loans		933		943
Net operating loss carryforward		20,315		24,027
Purchase accounting adjustment		86		82
Accrued bonuses		405		459
Other		338		279
Deferred tax assets		34,343		37,006
Deferred tax liabilities:
Deferred loan fees		369		321
Federal Home Loan Bank stock dividends		4,585		4,585
Mortgage servicing rights		1,960		1,917
FHLB prepayment penalty		1,195		1,332
Postretirement benefits accrual		493		493
Prepaid expenses		248		201
Deferred tax liabilities		8,850		8,849
Net deferred tax asset	$	25,493	$	28,157