DERIVATIVE INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments [Table Text Block]

The following table summarizes derivative instruments held by the Company, their notional amount, estimated fair values and their location in the consolidated balance sheets at March 31, 2014 and December 31, 2013:

				Derivatives in Other Assets
	Notional Amount			Fair Value Gain (Loss)
	March 31, 2014		December 31, 2013	March 31, 2014	December 31, 2013
	(dollars expressed in thousands)
Derivative Instruments Not Designated as Hedging Instruments:
Interest rate lock commitments	$	20,537	14,237	332	217
Forward commitments to sell mortgage-backed securities	27,800		29,100	14	296
Total	$	48,337	43,337	346	513

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

The following table summarizes amounts included in the consolidated statements of income for the three months ended March 31, 2014 and 2013 related to non-hedging derivative instruments:

Derivative Instruments Not Designated as Hedging Instruments:	Location of Gain (Loss) Recognized in Operations on Derivatives	Amount of Gain (Loss) Recognized in Operations on Derivatives
		Three Months Ended
		March 31,
		2014			2013
		(dollars expressed in thousands)
Interest rate lock commitments	Gain on loans sold and held for sale	$	115		(722	)
Forward commitments to sell mortgage-backed securities	Gain on loans sold and held for sale	(282		)	240