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JUNIOR SUBORDINATED DEBENTURES (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Description of Junior Subordinated Debentures
A description of the junior subordinated debentures outstanding is as follows (in thousands):
 
 
 
 
 
 
    
 
December 31,
Date Issued
 
Maturity Date
 
Interest Rate
 
Callable After
 
2016
 
2015
July 31, 2001
 
July 9, 2031
 
3 month LIBOR plus 3.30%
 
July 31, 2006
 
$
5,671

 
$
5,671

September 20, 2004
 
September 20, 2034
 
3 month LIBOR plus 2.50%
 
September 20, 2009
 
8,248

 
8,248

October 12, 2006
 
October 12, 2036
 
3 month LIBOR plus 1.85%
 
June 26, 2011
 
5,155

 
5,155

June 21, 2007
 
June 21, 2037
 
3 month LIBOR plus 1.70%
 
June 15, 2012
 
3,093

 
3,093

 
 
 
 
 
 
    
 
$
22,167

 
$
22,167