EMPLOYEE BENEFITS (Tables)

12 Months Ended

Jan. 31, 2021

Disclosure Text Block Supplement [Abstract]

Nonvested Restricted Stock Shares Activity [Table Text Block]

At January 31, 2021 and 2020, unrecognized compensation cost related to nonvested restricted stock was approximately $272,000 and $220,000, respectively. The following table summarizes non-vested restricted stock award activity for fiscal years 2020, 2019 and 2018:

	2020
			Weighted		Weighted
			Average Grant		Average Remaining
	Non-Vested		Date Fair Value		Vesting Term
	Shares		(000’s)		(in years)
Non-Vested at January 31, 2020		28,576	$	2,193		2
Granted		6,158		416
Forfeited		-		-
Vested		15,029		1,211
Non-Vested at January 31, 2021		19,705	$	1,398		1

	2019
			Weighted		Weighted
			Average Grant		Average Remaining
	Non-Vested		Date Fair Value		Vesting Term
	Shares		(000’s)		(in years)
Non-Vested at January 31, 2019		38,036	$	2,935		2
Granted		9,442		662
Forfeited		-		-
Vested		18,902		1,404
Non-Vested at January 31, 2020		28,576	$	2,193		2

	2018
			Weighted		Weighted
			Average Grant		Remaining Vesting
	Non-Vested		Date Fair Value		Vesting Term
	Shares		(000’s)		(in years)
Non-Vested at January 31, 2018		29,415	$	2,275		2
Granted		21,744		1,623
Forfeited		-		-
Vested		13,123		963
Non-Vested at January 31, 2019		38,036	$	2,935		2