BORROWINGS (Tables)

9 Months Ended

Sep. 30, 2015

BORROWINGS [Abstract]

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

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

As of or for the Nine Months Ended September 30, 2015	Federal Home Loan Bank Borrowings Short-Term			Federal Home Loan Bank Borrowings Long-Term			Federal Funds Purchased
Daily average outstanding	$	69,066		$	9,396		$	2
Total interest cost		186			124			-
Average interest rate paid		0.36	%		1.76	%		0.45	%
Maximum amount outstanding at any month-end	$	155,000		$	15,000		$	-
Ending balance		35,000			15,000			-
Weighted-average interest rate on balances outstanding		0.40	%		1.76	%		-	%

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
Daily average outstanding	$	13,051		$	-		$	8
Total interest cost		48			-			-
Average interest rate paid		0.37	%		-	%		0.46	%
Maximum amount outstanding at any month-end	$	130,000		$	-		$	-
Ending balance		130,000			-			-
Weighted-average interest rate on balances outstanding		0.32	%		-	%		-	%