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ADVANCES FROM FEDERAL HOME LOAN BANK (Tables)
12 Months Ended
Dec. 31, 2013
Advances from Federal Home Loan Banks [Abstract]  
Schedule of Federal Home Loan Bank, Advances, by Branch of FHLB Bank [Table Text Block]
Advances from the FHLB at year-end are as follows:
 
 
 
December 31,
 
 
 
2013
 
2012
 
 
 
Weighted-
 
 
 
 
 
Weighted-
 
 
 
 
 
(Dollars in Thousands)
 
Average
 
 
 
 
 
Average
 
 
 
 
 
 
 
Rate
 
 
Amount
 
Rate
 
 
Amount
 
Fixed rate advances:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Convertible fixed rate advance with an interest rate of 4.02% due 2017
 
 
4.02
%
 
$
10,000
 
 
4.02
%
 
$
10,000
 
Other fixed rate advances with interest rates from 4.19% to 5.72%due through 2026
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
4.85
%
 
 
2,389
 
 
4.87
%
 
 
2,596
 
Total borrowings
 
 
 
 
 
$
12,389
 
 
 
 
 
$
12,596
 
Schedule of Financing Receivables, Minimum Payments [Table Text Block]
The aggregate minimum annual repayments of borrowings as of December 31, 2013 are as follows:
 
 
 
(Dollars in thousands)
 
 
 
 
 
 
2014
 
$
222
 
2015
 
 
505
 
2016
 
 
345
 
2017
 
 
10,365
 
2018
 
 
454
 
Thereafter
 
 
498
 
 
 
$
12,389