INCOME TAXES (Tables)

3 Months Ended

Mar. 31, 2016

Income Tax Disclosure [Abstract]

Significant Components of Deferred Tax Assets and Liabilities

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

	March 31,		December 31,
	2016		2015
	(Dollars in thousands)
Deferred tax assets:
Loan loss reserves	$	5,916	$	6,199
Postretirement benefits		459		564
Depreciation		671		611
Other real estate owned valuation		393		430
Tax credits carryforward		995		951
Unrealized loss on securities available for sale		—		1,341
Unrealized loss on securities held to maturity		499		517
Interest on nonaccrual loans		650		834
Net operating loss carryforward		16,259		16,903
Purchase accounting adjustment		91		90
Accrued bonuses		321		723
Other		106		50
Deferred tax assets		26,360		29,213
Deferred tax liabilities:
Deferred loan fees		581		510
Federal Home Loan Bank stock dividends		4,585		4,585
Mortgage servicing rights		1,839		1,976
FHLB prepayment penalty		990		1,059
Unrealized gains on securities available for sale		2,120		—
Postretirement benefits accrual		350		447
Prepaid expenses		292		215
Deferred tax liabilities		10,757		8,792
Net deferred tax asset	$	15,603	$	20,421