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TRANSACTIONS WITH EXECUTIVE OFFICERS, DIRECTORS AND PRINCIPAL STOCKHOLDERS (Tables)
12 Months Ended
Dec. 31, 2014
Leases [Abstract]  
Schedule of Participating Mortgage Loans [Table Text Block] The Company has had, and may be expected to have in the future, banking transactions in the ordinary course of business with its executive officers, directors, principal stockholders, their immediate families and affiliated companies (commonly referred to as related parties). The Company leases branch facilities from related party entities. In addition, the Company also utilizes an advertising and public relations agency at which one of the Company’s directors is President and CEO and a principal owner. For these transactions, the expenses are not significant to the operations of the Company.

 

 

 

 

 

 

 

2014

 

2013

Beginning balance

 

 

$

 

20,365

 

 

 

$

 

18,977

 

New loans

 

 

 

150

 

 

 

 

11,613

 

Loans assumed in Merger

 

 

 

31,325

 

 

 

 

 

Repayments

 

 

 

(7,487

)

 

 

 

 

(10,225

)

 

 

 

 

 

 

Ending balance

 

 

$

 

44,353

 

 

 

$

 

20,365