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TRANSACTIONS WITH RELATED PARTIES Activity of Loans to Related Parties (Tables)
 12 Months Ended
Dec. 31, 2015
Related Party Transaction [Line Items]  
Schedule of Related Party Transactions [Table Text Block]
The following information represents annual activity of loans to related parties for the periods indicated:
 
2015
 
2014
 
(Dollars in thousands)
Principal balance of loans outstanding at beginning of year
$
25,994

 
$
52,510

Loan advances
9,268

 
21,310

Loan payments/payoffs
(10,609
)
 
(21,913
)
Reduction for former directors (1)
—

 
(25,913
)
Principal balance of loans outstanding at end of year
$
24,653

 
$
25,994


(1) Amounts relate to loans to individuals who are no longer current directors of the Company and therefore are not deemed to be an insider.