LOANS AND THE ALLOWANCE FOR LOAN LOSSES (Tables)

12 Months Ended

Dec. 31, 2014

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

The following table sets forth the composition of the Company’s loan portfolio segments, including net deferred fees and costs, at December 31, 2014 and 2013, respectively:

	2014				2013
	(in thousands)
Commercial		$	499,816			$	229,688
Commercial real estate			1,634,510				536,539
Commercial construction			167,359				42,722
Residential real estate			234,967				150,571
Consumer			2,879				1,084
Gross loans			2,539,531				960,604
Net deferred loan (fees) costs			(890	)			339
Total loans receivable		$	2,538,641			$	960,943

Loans and Leases Receivable Purchase Credit Impaired Loans [Table Text Block]

The carrying amount of those loans is as follows at December 31, 2014 and December 31, 2013.

	2014			2013
	(in thousands)
Commercial		$	7,199		$	—
Commercial real estate			1,816			—
Commercial construction			—			—
Residential real estate			806			—
Consumer			—			—
Total carrying amount		$	9,821		$	—

Loans and Leases Receivable Purchased Loans [Table Text Block]

The accretable yield, or income expected to be collected, on the purchased loans above is as follows at December 31, 2014

	2014
	(in thousands)
Balance at July 1, 2014		$	5,013
New loans purchased			—
Accretion of income			(142	)
Reclassifications from non-accretable difference			—
Disposals			(66	)
Balance at December 31, 2014		$	4,805

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

The following table presents nonaccrual loans by class of loans:

	2014			2013
	(in thousands)
Commercial		$	616		$	753
Commercial real estate			8,197			744
Residential real estate			2,796			1,640
Total loans receivable on non-accrual status		$	11,609		$	3,137

Schedule of Future Minimum Lease Payments for Financing Leases [Table Text Block]

Minimum future lease receipts of the direct financing lease are as follows:

For years ending December 31,	(Dollars in Thousands)
2015		$	228
2016			265
2017			265
2018			265
2019			265
Thereafter			2,441
Total minimum future lease receipts		$	3,729

Financing Receivable Credit Quality Indicators [Table Text Block]

The following table presents information about the loan credit quality by loan segment at December 31, 2014 and 2013:

	December 31, 2014
	Pass			Special Mention			Substandard			Doubtful			Total
	(in thousands)
Commercial		$	481,638		$	3,686		$	14,203		$	289		$	499,816
Commercial real estate			1,596,606			14,140			23,764			—			1,634,510
Commercial construction			165,880			1,479			—			—			167,359
Residential real estate			230,772			—			4,195			—			234,967
Consumer			2,778			—			101			—			2,879
Total loans		$	2,477,674		$	19,305		$	42,263		$	289		$	2,539,531

	December 31, 2013
	Pass			Special Mention			Substandard			Doubtful			Total
	(in thousands)
Commercial		$	226,013		$	1,719		$	1,284		$	672		$	229,688
Commercial real estate			509,679			14,544			12,316			—			536,539
Commercial construction			41,492			—			1,230			—			42,722
Residential real estate			147,379			978			2,214			—			150,571
Consumer			964			—			120			—			1,084
Total loans		$	925,527		$	17,241		$	17,164		$	672		$	960,604

Impaired Financing Receivables [Table Text Block]

The following table provides an analysis of the impaired loans by segment at December 31, 2014 and 2013

No Related Allowance Recorded	December 31, 2014
	Recorded Investment			Unpaid Principal Balance			Related Allowance			Average Recorded Investment			Interest Income Recognized
	(Dollars in Thousands)
Commercial		$	481		$	527		$	—		$	494		$	—
Commercial real estate			5,890			6,857			—			6,276			129
Residential real estate			3,072			3,406			—			3,170			41
Consumer			109			101			—			107			—
Total		$	9,552		$	10,622		$	—		$	10,047		$	171

With An Allowance Recorded	Recorded Investment			Unpaid Principal Balance			Related Allowance			Average Recorded Investment			Interest Income Recognized
Commercial		$	387		$	389		$	111		$	389		$	—
Commercial real estate			3,520			3,520			151			3,584			171
Total		$	3,907		$	3,910		$	262		$	3,973		$	171
Total
Commercial		$	868		$	917		$	111		$	883		$	—
Commercial real estate			9,410			10,107			151			9,860			300
Residential real estate			3,072			3,406			—			3,170			41
Consumer			109			101			—			106			—
Total (including related allowance)		$	13,459		$	14,532		$	262		$	14,020		$	342

No Related Allowance Recorded	December 31, 2013
	Recorded Investment			Unpaid Principal Balance			Related Allowance			Average Recorded Investment			Interest Income Recognized
	(Dollars in Thousands)
Commercial		$	449		$	449		$	—		$	494		$	25
Commercial real estate			10,482			10,783			—			10,658			496
Residential real estate			1,858			2,000			—			1,892			94
Consumer			120			120			—			128			6
Total		$	12,909		$	13,352		$	—		$	13,172		$	621

With An Allowance Recorded	Recorded Investment			Unpaid Principal Balance			Related Allowance			Average Recorded Investment			Interest Income Recognized
Commercial		$	672		$	672		$	300		$	687		$	43
Commercial real estate			4,344			4,344			115			4,359			200
Total		$	5,016		$	5,016		$	415		$	5,046		$	243
Total
Commercial		$	1,121		$	1,121		$	300		$	1,181		$	68
Commercial real estate			14,826			15,127			115			15,017			696
Residential real estate			1,858			2,000			—			1,892			94
Consumer			120			120			—			128			6
Total (including related allowance)		$	17,925		$	18,368		$	415		$	18,218		$	864

Past Due Financing Receivables [Table Text Block]

The following table provides an analysis of the aging of the loans by segment, excluding net deferred costs that are past due at December 31, 2014 and December 31, 2013 by class:

	December 31, 2014
	30-59 Days Past Due			60-89 Days Past Due			90 Days or Greater Past Due			Total Past Due			Current			Total Loans Receivable			Loans Receivable > 90 Days Past Due and Accruing
	(in thousands)
Commercial		$	6,060		$	—		$	662		$	6,722		$	493,094		$	499,816		$	45
Commercial real estate			4,937			638			5,961			11,535			1,622,975			1,634,510			609
Commercial construction			—			—			—			—			167,359			167,359			—
Residential real estate			1,821			210			3,200			5,231			229,736			234,967			557
Consumer			30			1			—			31			2,848			2,879			—
Total		$	12,848		$	849		$	9,823		$	23,520		$	2,516,011		$	2,539,531		$	1,211

	December 31, 2013
	30-59 Days Past Due			60-89 Days Past Due			90 Days or Greater Past Due			Total Past Due			Current			Total Loans Receivable			Loans Receivable > 90 Days Past Due and Accruing
	(in thousands)
Commercial		$	18		$	—		$	753		$	771		$	228,917		$	229,688		$	—
Commercial Real Estate			221			—			744			965			535,574			536,539			—
Commercial construction			—			—			—			—			42,722			42,722			—
Residential real estate			990			258			1,640			2,888			147,683			150,571			—
Consumer			5			—			—			5			1,079			1,084
Total		$	1,234		$	258		$	3,137		$	4,629		$	955,975		$	960,604		$	—

Schedule of Recorded Investment in Financing Receivables [Table Text Block]

The following table details the amount of loans that are evaluated individually, and collectively, for impairment (excluding net deferred costs), acquired, and the related portion of the allowance for loan loss that is allocated to each loan portfolio class:

	December 31, 2014
	Commercial			Commercial real estate			Commercial construction			Residential real estate			Consumer			Unallocated			Total
	(in thousands)
Allowance for loan and lease losses:
Individually evaluated for impairment		$	111		$	151		$	—		$	—		$	—		$	—		$	262
Collectively evaluated for impairment			2,972			7,648			1,239			1,113			7			919			13,898
Acquired with deteriorated credit quality			—			—			—			—			—			—			—
Total		$	3,083		$	7,799		$	1,239		$	1,113		$	7		$	919		$	14,160
Gross loans:
Individually evaluated for impairment		$	452		$	6,284		$	—		$	2,180		$	101		$	—		$	9,017
Collectively evaluated for impairment			492,165			1,626,410			167,359			231,981			2,778			—			2,520,693
Acquired with deteriorated credit quality			7,199			1,816			—			806			—			—			9,821
Total		$	499,816		$	1,634,510		$	167,359		$	234,967		$	2,879		$	—		$	2,539,531

	December 31, 2013
	Commercial			Commercial real estate			Commercial construction			Residential real estate			Consumer			Unallocated			Total
	(in thousands)
Allowance for loan and lease losses:
Individually evaluated for impairment		$	300		$	115		$	—		$	—		$	—		$	—		$	415
Collectively evaluated for impairment			1,398			5,631			362			990			146			1,391			9,918
Total		$	1,698		$	5,746		$	362		$	990		$	146		$	1,391		$	10,333
Gross loans:
Individually evaluated for impairment		$	1,121		$	14,826		$	—		$	1,858		$	120		$	—		$	17,925
Collectively evaluated for impairment			228,567			521,713			42,722			148,713			964			—			942,679
Total		$	229,688		$	536,539		$	42,722		$	150,571		$	1,084		$	—		$	960,604

Allowance for Credit Losses on Financing Receivables [Table Text Block]

A summary of the activity in the allowance for loan losses is as follows:

	Year Ended December 31, 2014
	(Dollars in thousands)
	Commercial				Commercial real estate				Commercial construction			Residential real estate				Consumer				Unallocated				Total
Balance at January 1, 2014		$	1,698			$	5,746			$	362		$	990			$	146			$	1,391			$	10,333
Loans charged-off			(379	)			(398	)			—			(159	)			—				—				(936	)
Recoveries			50				—				—			19				11				—				80
Provision for loan losses			1,714				2,451				877			263				(150	)			(472	)			4,683
Balance at December 31, 2014		$	3,083			$	7,799			$	1,239		$	1,113			$	7			$	919			$	14,160

	Year Ended December 31, 2013
	(Dollars in thousands)
	Commercial				Commercial real estate				Commercial construction			Residential real estate				Consumer				Unallocated			Total
Balance at January 1, 2013		$	2,424			$	5,323			$	313		$	1,532			$	113			$	532		$	10,237
Loans charged-off			(6	)			(126	)			—			(175	)			(22	)			—			(329	)
Recoveries			41				28				—			—				6				—			75
Provision for loan losses			(761	)			521				49			(367	)			49				859			350
Balance at December 31, 2013		$	1,698			$	5,746			$	362		$	990			$	146			$	1,391		$	10,333

	Year Ended December 31, 2012
	(Dollars in thousands)
	Commercial			Commercial real estate				Commercial construction				Residential real estate				Consumer				Unallocated			Total
Balance at January 1, 2012		$	1,527		$	5,972			$	707			$	1,263			$	51			$	82		$	9,602
Loans charged-off			—			(57	)			—				(454	)			(16	)			—			(527	)
Recoveries			—			80				540				210				7				—			837
Provision for loan losses			892			(783	)			(934	)			509				72				569			325
Balance at December 31, 2012		$	2,419		$	5,212			$	313			$	1,528			$	114			$	651		$	10,237

Schedule of Debtor Troubled Debt Restructuring, Current Period [Table Text Block]

The following table presents loans by segment modified as troubled debt restructurings that occurred during the year ended December 31, 2014 (dollars in thousands):

	Number of Loans		Pre-Modification Outstanding Recorded Investment			Post-Modification Outstanding Recorded Investment
Troubled debt restructurings:
Commercial		1		$	672		$	289
Commercial real estate		—			—			—
Commercial construction		—			—			—
Residential real estate		2			275			272
Total		3		$	947		$	561

	Number of Loans		Pre-Modification Outstanding Recorded Investment			Post-Modification Outstanding Recorded Investment
Troubled debt restructurings:
Commercial		—		$	—		$	—
Commercial real estate		—			—			—
Commercial construction		—			—			—
Residential real estate		—			—			—
Total		—		$	—		$	—

	Number of Loans		Pre-Modification Outstanding Recorded Investment			Post-Modification Outstanding Recorded Investment
Troubled debt restructurings:
Commercial real estate		1			225			225
Residential real estate		1			714			675
Consumer		1			1,354			137
Total		3		$	2,293		$	1,037