BORROWINGS (Tables)

3 Months Ended

Mar. 31, 2015

BORROWINGS [Abstract]

Schedule of components of short- and long-term interest-bearing liabilities

The following summarizes borrowed funds at March 31, 2015 and December 31, 2014 (dollars in thousands):

March 31, 2015	Federal Home Loan Bank Borrowings			Federal Funds Purchased			Total
Daily average outstanding	$	124,111		$	-		$	124,111
Total interest cost		108			-			108
Average interest rate paid		0.35	%		-	%		0.35	%
Maximum amount outstanding at any month-end	$	155,000		$	-		$	155,000
March 31 balance		90,000			-			90,000
Weighted-average interest rate on balances outstanding		0.34	%		-	%		0.34	%

December 31, 2014	Federal Home Loan Bank Borrowings			Federal Funds Purchased			Total
Daily average outstanding	$	13,051		$	8		$	13,059
Total interest cost		48			-			48
Average interest rate paid		0.37	%		0.46	%		0.37	%
Maximum amount outstanding at any month-end	$	130,000		$	-		$	130,000
December 31 balance		130,000			-			130,000
Weighted-average interest rate on balances outstanding		0.32	%		-	%		0.32	%