BORROWINGS (Tables)

6 Months Ended

Jun. 30, 2015

BORROWINGS [Abstract]

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

The following summarizes borrowed funds at June 30, 2015 and December 31, 2014 (dollars in thousands):

As of or for the Six Months Ended June 30, 2015	Federal Home Loan Bank Borrowings Short-Term			Federal Home Loan Bank Borrowings Long-Term			Federal Funds Purchased			Total
Daily average outstanding	$	90,050		$	6,547		$	3		$	96,600
Total interest cost		159			57			-			216
Average interest rate paid		0.35	%		1.76	%		0.45	%		0.45	%
Maximum amount outstanding at any month-end	$	155,000		$	15,000		$	-		$	170,000
Ending balance		50,000			15,000			-			65,000
Weighted-average interest rate on balances outstanding		0.34	%		1.76	%		-	%		0.67	%

As of or for the Year Ended December 31, 2014	Federal Home Loan Bank Borrowings Short-Term			Federal Home Loan Bank Borrowings Long-Term			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
Ending balance		130,000			-			-			130,000
Weighted-average interest rate on balances outstanding		0.32	%		-	%		-	%		0.32	%