HCSB Financial (HCFB) 10-Q 14 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	13-May-15
Document And Entity Information
Entity Registrant Name	HCSB FINANCIAL CORP
Entity Central Index Key	1091491
Document Type	10-Q
Document Period End Date	31-Mar-15
Amendment Flag	FALSE
Current Fiscal Year End Date	-19
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		3,816,340
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2015

CONSOLIDATED_BALANCE_SHEETS_Un

CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Cash and cash equivalents:
Cash and due from banks	$49,571	$28,527
Investment securities:
Securities available-for-sale	96,741	106,674
Nonmarketable equity securities	1,330	1,342
Total investment securities	98,071	108,016
Loans held for sale	298
Loans receivable	229,836	235,543
Less allowance for loan losses	-5,389	-5,787
Loans, net	224,447	229,756
Premises, furniture and equipment, net	16,179	20,292
Assets held for sale	3,927
Accrued interest receivable	1,894	1,973
Cash value of life insurance	11,081	11,002
Other real estate owned	18,560	19,501
Other assets	1,073	2,504
Total assets	425,101	421,571
Deposits:
Noninterest-bearing transaction accounts	47,079	40,172
Interest-bearing transaction accounts	43,715	44,283
Money market savings accounts	80,329	75,811
Other savings accounts	11,076	10,272
Time deposits $100 and over	148,851	150,020
Other time deposits	63,552	70,779
Total deposits	394,602	391,337
Repurchase Agreements	990	1,612
Advances from the Federal Home Loan Bank	17,000	17,000
Subordinated debentures	11,062	11,062
Junior subordinated debentures	6,186	6,186
Accrued interest payable	4,982	4,583
Other liabilities	750	1,038
Total liabilities	435,572	432,818
Commitments and contingencies
Shareholders' Equity
Preferred stock, $1,000 par value; 5,000,000 shares authorized; 12,895 shares issued and outstanding	12,895	12,895
Common stock, $0.01 par value, 500,000,000 shares authorized; 3,816,340 shares issued and outstanding	38	38
Capital surplus	30,214	30,214
Common stock warrants	1,012	1,012
Retained deficit	-54,359	-54,561
Accumulated other comprehensive income (loss)	-271	-845
Total shareholders' deficit	-10,471	-11,247
Total liabilities and shareholders' deficit	$425,101	$421,571

CONSOLIDATED_BALANCE_SHEETS_Un1

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$1,000	$1,000
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	12,895	12,895
Preferred stock, shares outstanding	12,895	12,895
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	3,816,340	3,816,340
Common stock, shares outstanding	3,816,340	3,816,340

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Interest income:
Loans, including fees	$2,833	$3,405
Investment securities:
Taxable	485	695
Tax-exempt		10
Nonmarketable equity securities	14	11
Other interest income	16	18
Total	3,348	4,139
Interest expense:
Deposits	648	768
Borrowings	497	541
Total	1,145	1,309
Net interest income	2,203	2,830
Provision for loan losses
Net interest income after provision for loan losses	2,203	2,830
Noninterest income:
Service charges on deposit accounts	183	221
Credit life insurance commissions	3	4
Gain on sale of securities available-for-sale	134	51
Gains on sales of mortgage loans	62	42
Other fees and commissions	97	94
Brokerage commissions	15	14
Income from cash value life insurance	107	109
Net gains (losses) on sales of assets	-6
Other operating income	108	78
Total	703	613
Noninterest expense:
Salaries and employee benefits	1,423	1,429
Net occupancy expense	295	302
Furniture and equipment expense	253	239
FDIC insurance premiums	362	396
Net profit from operations of other real estate owned	-282	-163
Other operating expenses	626	885
Total	2,677	3,088
Income before income taxes	229	355
Income tax expense	27	38
Net income	202	317
Accretion of preferred stock to redemption value		-57
Preferred dividends	-297	-165
Net income (loss) available to common shareholders	($95)	$95
Net income (loss) per common share
Basic	($0.02)	$0.03
Diluted	($0.02)	$0.03
Weighted average common shares outstanding
Basic and diluted (in shares)	3,816,340	3,738,337

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income (loss)	$202	$317
Unrealized gains (losses) on securities available-for-sale:
Net unrealized holding gains arising during the period	708	2,618
Tax expense
Reclassification to realized gains	-134	-51
Tax expense
Other comprehensive income (loss)	574	2,567
Comprehensive income (loss)	$776	$2,884

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) (USD $)	Common Stock [Member]	Common Stock Warrant	Preferred Stock [Member]	Capital Surplus [Member]	Retained Deficit [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
In Thousands, except Share data
Beginning Balance at Dec. 31, 2013	$37	$1,012	$12,838	$30,157	($54,213)	($6,273)	($16,442)
Beginning Balance, shares at Dec. 31, 2013	3,738,337		12,895
Net income					317		317
Other comprehensive income						2,567	2,567
Accretion of preferred stock to redemption value			57		-57		57
Ending Balance at Mar. 31, 2014	37	1,012	12,895	30,157	-53,953	-3,706	-13,558
Ending Balance, shares at Mar. 31, 2014	3,738,337		12,895
Beginning Balance at Dec. 31, 2014	38	1,012	12,895	30,214	-54,561	-845	-11,247
Beginning Balance, shares at Dec. 31, 2014	3,816,340		12,895
Net income					202		202
Other comprehensive income						574	574
Accretion of preferred stock to redemption value
Ending Balance at Mar. 31, 2015	$38	$1,012	$12,895	$30,214	($54,359)	($271)	($10,471)
Ending Balance, shares at Mar. 31, 2015	3,816,340		12,895

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities:
Net income	$202	$317
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	186	191
Provision for loan losses
Amortization less accretion on investments	65	4
Net gains on sales of securities available-for-sale	-134	-51
Gains on sales of other real estate owned	-523	-345
(Write-ups) write-downs of other real estate owned	-3	12
Increase in accrued interest payable	399	484
(Increase) decrease in accrued interest receivable	79	-71
Decrease in other assets	1,431	3,239
Income (net of mortality cost) on cash value of life insurance	-79	-82
Decrease in other liabilities	-288	-290
Net cash provided by operating activities	1,335	3,408
Cash flows from investing activities:
Decrease in loans to customers	3,221	486
Purchases of securities available-for-sale		-27,016
Maturities, calls and principal paydowns of securities available-for-sale	4,164	2,699
Proceeds from sale of other real estate owned	3,257	3,668
Proceeds from sales of securities available-for-sale	6,412	7,424
Redemptions of nonmarketable equity securities	12	176
Purchases of premises and equipment, net		-71
Net cash provided by (used by) investing activities	17,066	-12,634
Cash flows from financing activities:
Net increase in demand deposits and savings	11,661	6,816
Net decrease in time deposits	-8,396	13,617
Net increase (decrease) in repurchase agreements	-622	-225
Net cash provided by financing activities	2,643	20,208
Net increase in cash and cash equivalents	21,044	10,982
Cash and cash equivalents, beginning of year	28,527	28,081
Cash and cash equivalents, end of year	49,571	39,063
Cash paid during the period for:
Income taxes		6
Interest	746	825
Noncash investing and financing activities:
Transfers of loans to other real estate owned	1,790	430
Transfers of premises and equipment to assets held for sale	3,927
Unrealized gains on investments	($574)	($2,567)

ORGANIZATION_AND_SIGNIFICANT_A

ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 - ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES
	Basis of Presentation and Consolidation - The accompanying consolidated financial statements include the accounts of HCSB Financial Corporation (the “Company”) which was incorporated on June 10, 1999 to serve as a bank holding company for its wholly owned subsidiary, Horry County State Bank (the “Bank”). The Bank was incorporated on December 18, 1987, and opened for operations on January 4, 1988. The principal business activity of the Company is to provide commercial banking services in Horry County, South Carolina, and in Columbus and Brunswick Counties, North Carolina. The Bank is a state-chartered bank, and its deposits are insured by the Federal Deposit Insurance Corporation (the “FDIC”). HCSB Financial Trust I (the “Trust”) is a special purpose subsidiary organized for the sole purpose of issuing trust preferred securities. The operations of the Trust have not been consolidated in these financial statements.
	The accompanying consolidated financial statements have been prepared in accordance with the requirements for interim financial statements and, accordingly, they are condensed and omit disclosures, which would substantially duplicate those contained in the most recent annual report to shareholders. The financial statements as of March 31, 2015 and for the interim periods ended March 31, 2015 and 2014 are unaudited and, in our opinion, include all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation. Operating results for the three month period ended March 31, 2015 are not necessarily indicative of the results that may be expected for the year ending December 31, 2015. The financial information as of December 31, 2014 has been derived from the audited financial statements as of that date. For further information, refer to the financial statements and the notes included in HCSB Financial Corporation’s 2014 Annual Report on Form 10-K which was filed with the Securities and Exchange Commission (the “SEC”) on March 30, 2015, as amended on Form 10-K/A which was filed with the SEC on March 31, 2015.
	On March 24, 2015, the Bank entered into a definitive agreement with Sandhills Bank, North Myrtle Beach, South Carolina, to sell its Socastee, Windy Hill, and Carolina Forest branches with total deposits of approximately $41.0 million and approximately $7.0 million in loans. The deposit premium will be approximately 2.5% of deposits acquired. The transaction, which is subject to regulatory approval and other customary conditions, is expected to close in third quarter of 2015.
	On July 31, 2010, the Company completed a private placement of subordinated promissory notes that totaled $12.1 million. The notes currently bear interest at a rate equal to the current Prime Rate in effect, as published by the Wall Street Journal, plus 3%; provided, that the rate of interest shall not be less than 8% per annum or more than 12% per annum. The Federal Reserve Bank of Richmond has prohibited the Company from paying interest due on the subordinated notes since October 2011 and, as a result, the Company has deferred interest payments in the amount of approximately $4.0 million as of March 31, 2015. Refer to Note 8 to our Financial Statements for additional information on the outstanding subordinated promissory notes.
	On December 21, 2004, the Trust issued and sold a total of 6,000 trust preferred securities, with $1,000 liquidation amount per capital security, to institutional buyers in a pooled trust preferred issue. The trust preferred securities, which are reported on the consolidated balance sheet as junior subordinated debentures, generated proceeds of $6.0 million. As required by the Federal Reserve Bank of Richmond, beginning in March 2011, we began exercising our right to defer all quarterly distributions on our trust preferred securities. We may defer these interest payments for up to 20 consecutive quarterly periods, although interest will continue to accrue on the trust preferred securities and interest on such deferred interest will also accrue and compound quarterly from the date such deferred interest would have been payable were it not for the extension period. At March 31, 2015, total accrued interest equaled $759 thousand. All of the deferred interest, including interest accrued on such deferred interest, is due and payable at the end of the applicable deferral period, which is in March 2016. Refer to Note 7 to our Financial Statements for additional information on the outstanding trust preferred securities.
	On March 6, 2009, as part of the Troubled Asset Relief Program (the “TARP”) Capital Purchase Program (the “CPP”) established by the U.S. Department of the Treasury (the “U.S. Treasury”) under the Emergency Economic Stabilization Act of 2009, the Company issued and sold to the U.S. Treasury (i) 12,895 shares of its Fixed Rate Cumulative Perpetual Preferred Stock, Series T, having a liquidation preference of $1,000 per share (the “Series T Preferred Stock”), and (ii) a ten-year warrant to purchase up to 91,714 shares of its common stock at an initial exercise price of $21.09 per share (the “CPP Warrant”), for an aggregate purchase price of $12.9 million in cash. As of February 2011, the Federal Reserve Bank of Richmond has required the Company to defer dividend payments on the Series T Preferred Stock. As of March 31, 2015, the Company had $3.3 million of deferred dividend payments due on the Series T Preferred Stock. Because the Company has deferred these 17 payments, the Company is prohibited from paying any dividends on its common stock until all deferred payments have been made in full. Refer to Note 9 to our Financial Statements for additional information on the outstanding Series T Preferred Stock.
	Management’s Estimates - In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the balance sheet date and income and expenses for the period. Actual results could differ significantly from those estimates.
	Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, including valuation allowances for impaired loans, and the carrying amount of real estate acquired in connection with foreclosures or in satisfaction of loans. Management must also make estimates in determining the estimated useful lives and methods for depreciating premises and equipment.
	While management uses available information to recognize losses on loans and foreclosed real estate, future additions to the allowance may be necessary based on changes in local economic conditions. In addition, regulatory agencies, as an integral part of their examination process, periodically review the Company’s allowances for losses on loans and foreclosed real estate. Such agencies may require the Company to recognize additions to the allowances based on their judgments about information available to them at the time of their examination. Because of these factors, it is reasonably possible that the allowances for losses on loans and foreclosed real estate may change materially in the near term.
	Investment Securities - Investment securities available-for-sale owned by the Company are carried at amortized cost and adjusted to their estimated fair value for reporting purposes. The unrealized gain or loss is recorded in shareholders’ equity net of any deferred tax effects. Management does not actively trade securities classified as available-for-sale, but intends to hold these securities for an indefinite period of time and may sell them prior to maturity to achieve certain objectives. Reductions in fair value considered by management to be other than temporary are reported as a realized loss and a reduction in the cost basis in the security. The adjusted cost basis of securities available-for-sale is determined by specific identification and is used in computing the realized gain or loss from a sales transaction.
	Nonmarketable Equity Securities - Nonmarketable equity securities include the Company’s investments in the stock of the Federal Home Loan Bank (the “FHLB”). The FHLB stock is carried at cost because the stock has no quoted market value and no ready market exists. Investment in FHLB stock is a condition of borrowing from the FHLB, and the stock is pledged to collateralize the borrowings. Dividends received on FHLB stock are included as a separate component in interest income.
	Loans Held for Sale - Loans held for sale consist of residential mortgage loans the Company originates for sale to secondary market investors. They are carried at the lower of aggregate cost or market value. Net unrealized losses, if any, are recognized through a valuation allowance by charges to income. Fees collected in conjunction with origination activities are deferred as part of the cost basis of the loan and recognized when the loan is sold. Gains or losses on sales are recognized when the loans are sold and are determined as the difference between the sales price and the carrying value of the loans.
	The Company issues rate lock commitments to borrowers based on prices quoted by secondary market investors. When rates are locked with borrowers, a sales commitment is immediately entered (on a best efforts basis) at a specified price with a secondary market investor. Accordingly, any potential liabilities associated with rate lock commitments are offset by sales commitments to investors.
	Loans Receivable - Loans receivable are stated at their unpaid principal balance less any charge-offs. Interest income on loans is computed based upon the unpaid principal balance. Interest income is recorded in the period earned.
	The accrual of interest income is generally discontinued when a loan becomes contractually 90 days past due as to principal or interest. Management may elect to continue the accrual of interest when the estimated net realizable value of collateral exceeds the principal balance and accrued interest.
	Loan origination and commitment fees and certain direct loan origination costs (principally salaries and employee benefits) are deferred and amortized to income over the contractual life of the related loans or commitments, adjusted for prepayments, using the straight-line method.
	Loans are impaired when it is probable that a creditor will be unable to collect all amounts due according to the contractual terms of the loan agreement. All loans are subject to these criteria except for smaller balance homogeneous loans that are collectively evaluated for impairment and loans measured at fair value or at the lower of cost or fair value. The Company considers its consumer installment portfolio and home equity lines as such exceptions. Therefore, loans within the real estate and commercial loan portfolios are reviewed individually.
	Impairment of a loan is measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the collateral, if the loan is collateral dependent. When management determines that a loan is impaired, the difference between the Company’s investment in the related loan and the present value of the expected future cash flows, or the fair value of the collateral, is charged off with a corresponding entry to the allowance for loan losses. The accrual of interest is discontinued on an impaired loan when management determines the borrower may be unable to meet payments as they become due.
	Concentrations of Credit Risk - Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of loans receivable, investment securities, federal funds sold and amounts due from banks.
	The Company makes loans to individuals and small businesses for various personal and commercial purposes primarily throughout Horry County in South Carolina and Columbus and Brunswick counties of North Carolina. The Company’s loan portfolio is not concentrated in loans to any single borrower or a relatively small number of borrowers. However, the loan portfolio does include a concentration in loans secured by residential and commercial real estate and commercial and industrial non-real estate loans. These loans are especially susceptible to being adversely effected by the current economic downturn. The downturn in general economic conditions over the past few years has resulted in an increase in loan delinquencies, defaults and foreclosures, and these trends may continue, especially in the Myrtle Beach area. In some cases, this downturn has resulted in a significant impairment to the value of our collateral and our ability to sell the collateral upon foreclosure, and there is a risk that this trend will continue. The commercial real estate collateral in each case provides an alternate source of repayment in the event of default by the borrower and may deteriorate in value during the time the credit is extended. If real estate values in our market areas continue to decline, it is also more likely that we would be required to increase our allowance for loan losses.
	In addition to monitoring potential concentrations of loans to particular borrowers or groups of borrowers, industries and geographic regions, management monitors exposure to credit risk from concentrations of lending products and practices such as loans that subject borrowers to substantial payment increases (e.g. principal deferral periods, loans with initial interest-only periods, etc.), and loans with high loan-to-value ratios. Management has determined that there is no concentration of credit risk associated with its lending policies or practices. Additionally, there are industry practices that could subject the Company to increased credit risk should economic conditions change over the course of a loan’s life. For example, the Company makes variable rate loans and fixed rate principal-amortizing loans with maturities prior to the loan being fully paid (i.e. balloon payment loans). These loans are underwritten and monitored to manage the associated risks. Therefore, management believes that these particular practices do not subject the Company to unusual credit risk.
	The Company’s investment portfolio consists principally of obligations of the United States, its agencies or its corporations and general obligation municipal securities. In the opinion of management, there is no concentration of credit risk in its investment portfolio. The Company places its deposits and correspondent accounts with and sells its federal funds to high quality institutions. Management believes credit risk associated with correspondent accounts is not significant.
	Allowance for Loan Losses – The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectability of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experiences, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. Management’s judgments about the adequacy of the allowance are based on numerous assumptions about current events, which management believes to be reasonable, but which may or may not prove to be accurate. Thus, there can be no assurance that loan losses in future periods will not exceed the current allowance amount or that future increases in the allowance will not be required. No assurance can be given that management’s ongoing evaluation of the loan portfolio in light of changing economic conditions and other relevant circumstances will not require significant future additions to the allowance, thus adversely affecting the operating results of the Company.
	The allowance is subject to examination by regulatory agencies, which may consider such factors as the methodology used to determine adequacy and the size of the allowance relative to that of peer institutions, and other adequacy tests. In addition, such regulatory agencies could require the Company to adjust its allowance based on information available to them at the time of their examination.
	The methodology used to determine the reserve for unfunded lending commitments, which is included in other liabilities, is inherently similar to that used to determine the allowance for loan losses adjusted for factors specific to binding commitments, including the probability of funding and historical loss ratio.
	Premises, Furniture and Equipment - Premises, furniture and equipment are stated at cost less accumulated depreciation. The provision for depreciation is computed by the straight-line method. Rates of depreciation are generally based on the following estimated useful lives: buildings - 40 years; furniture and equipment - three to 25 years. The cost of assets sold or otherwise disposed of and the related accumulated depreciation is eliminated from the accounts, and the resulting gains or losses are reflected in the income statement.
	Maintenance and repairs are charged to current expense as incurred, and the costs of major renewals and improvements are capitalized.
	Other Real Estate Owned - Other real estate owned includes real estate acquired through foreclosure. Other real estate owned is initially recorded at appraised value, less estimated costs to sell.
	Any write-downs at the dates of acquisition are charged to the allowance for loan losses. Expenses to maintain such assets, subsequent write-downs, and gains and losses on disposal are included in net cost of operations of other real estate owned.
	Income and Expense Recognition - The accrual method of accounting is used for all significant categories of income and expense. Immaterial amounts of insurance commissions and other miscellaneous fees are reported when received.
	Income Taxes – The Company files consolidated federal and state income tax returns. Federal income tax expense or benefit has been allocated to subsidiaries on a separate return basis. The Company accounts for income taxes based on two components of income tax expense: current and deferred. Current income tax expense approximates taxes to be paid or refunded for the current period and includes income tax expense related to uncertain tax positions, if any.
	Deferred income taxes are determined using the balance sheet method. Under this method, the net deferred tax asset or liability is based on the tax impacts of the differences between the book and tax bases of assets and liabilities and recognizes enacted changes in tax rates and laws in the period in which they occur. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are recognized subject to the Company’s judgment that realization is more likely than not. A tax position that meets the more likely than not recognition threshold is measured to determine the amount of benefit to recognize. The tax position is measured at the largest amount of benefit that is greater than 50% likely of being realized upon settlement. Interest and penalties, if any, are recognized as a component of income tax expense.
	The Company reviews the deferred tax assets for recoverability based on history of earnings, expectations for future earnings and expected timing of reversals of temporary differences. Realization of a deferred tax asset ultimately depends on the existence of sufficient taxable income available under tax law, including future reversals of existing temporary differences, future taxable income exclusive of reversing differences, taxable income in prior carryback years, projections of future operating results, cumulative tax losses over the past three years, tax loss deductibility limitations, and available tax planning strategies. If, based on available information, it is more likely than not that the deferred income tax asset will not be realized, a valuation allowance against the deferred tax asset must be established with a corresponding charge to income tax expense. The deferred tax assets and valuation allowance are evaluated each quarter, and a portion of the valuation allowance may be reversed in future periods. The determination of how much of the valuation allowance that may be reversed and the timing is based on future results of operation and the amount and timing of actual loan charge-offs and asset write-downs. At March 31, 2015 and December 31, 2014, the Company’s deferred tax asset was offset in its entirety by a valuation allowance.
	The Company believes that its income tax filing positions taken or expected to be taken in its tax returns will more likely than not be sustained upon audit by the taxing authorities and does not anticipate any adjustments that will result in a material adverse impact on the Company’s financial condition, results of operations, or cash flow. Therefore no reserves for uncertain income tax positions have been recorded.
	Net Income Per Common Share - Basic income per common share is calculated by dividing net income by the weighted-average number of common shares outstanding during the period. Diluted net income per common share is computed based on net income divided by the weighted average number of common and potential common shares. The computation of diluted net loss per share does not include potential common shares as their effect would be anti-dilutive. The only potential common share equivalents are related to the CPP Warrant.
	Comprehensive Income - Accounting principles generally require recognized income, expenses, gains, and losses to be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, are reported as a separate component of the equity section of the balance sheet, such items, along with net income, are components of comprehensive income and are also presented in a separate statement of comprehensive income. Accumulated other comprehensive income consists entirely of unrealized holding gains and losses on available for sale securities.
	Statements of Cash Flows - For purposes of reporting cash flows, the Company considers certain highly liquid debt instruments purchased with a maturity of three months or less to be cash equivalents. Cash equivalents include amounts due from banks, federal funds sold, and interest-bearing deposits with other banks.
	Off-Balance Sheet Financial Instruments - In the ordinary course of business, the Company enters into off-balance sheet financial instruments consisting of commitments to extend credit and letters of credit. These financial instruments are recorded in the financial statements when they become payable by the customer.
	Recently Issued Accounting Pronouncements – The following is a summary of recent authoritative pronouncements.
	In January 2014, the Financial Accounting Standards Board (the “FASB”) amended the Receivables topic of the Accounting Standards Codification. The amendments are intended to resolve diversity in practice with respect to when a creditor should reclassify a collateralized consumer mortgage loan to other real estate owned (“OREO”). In addition, the amendments require a creditor reclassify a collateralized consumer mortgage loan to OREO upon obtaining legal title to the real estate collateral, or the borrower voluntarily conveying all interest in the real estate property to the lender to satisfy the loan through a deed in lieu of foreclosure or similar legal agreement. The amendments will be effective for the Company for annual periods, and interim periods within those annual periods beginning after December 15, 2014, with early implementation of the guidance permitted. In implementing this guidance, assets that are reclassified from real estate to loans are measured at the carrying value of the real estate at the date of adoption. Assets reclassified from loans to real estate are measured at the lower of the net amount of the loan receivable or the fair value of the real estate less costs to sell at the date of adoption. The Company will apply the amendments prospectively. The Company does not expect these amendments to have a material effect on its financial statements.
	In May 2014, the FASB issued guidance to change the recognition of revenue from contracts with customers. The core principle of the new guidance is that an entity should recognize revenue to reflect the transfer of goods and services to customers in an amount equal to the consideration the entity receives or expects to receive. The guidance will be effective for the Company for reporting periods beginning after December 15, 2016. The Company does not expect these amendments to have a material effect on its financial statements.
	In June 2014, the FASB issued guidance which makes limited amendments to the guidance on accounting for certain repurchase agreements. The new guidance (1) requires entities to account for repurchase-to-maturity transactions as secured borrowings (rather than as sales with forward repurchase agreements), (2) eliminates accounting guidance on linked repurchase financing transactions, and (3) expands disclosure requirements related to certain transfers of financial assets that are accounted for as sales and certain transfers (specifically, repos, securities lending transactions, and repurchase-to-maturity transactions) accounted for as secured borrowings. The amendments will be effective for the Company for the first interim or annual period beginning after December 15, 2014. The Company will apply the guidance by making a cumulative-effect adjustment to retained earnings as of the beginning of the period of adoption. The Company does not expect these amendments to have a material effect on its financial statements.
	In January 2015, the FASB issued guidance to eliminate from U.S. GAAP the concept of an extraordinary item, which is an event or transaction that is both unusual in nature and infrequently occurring. Under the new guidance, an entity will no longer (1) segregate an extraordinary item from the results of ordinary operations; (2) separately present an extraordinary item on its income statement, net of tax, after income from continuing operations; or (3) disclose income taxes and earnings-per-share data applicable to an extraordinary item. The amendments will be effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015, with early adoption permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. The Company will apply the guidance prospectively. The Company does not expect these amendments to have a material effect on its financial statements.
	In February 2015, the FASB issued guidance which amends the consolidation requirements and significantly changes the consolidation analysis required under U.S. GAAP. Although the amendments are expected to result in the deconsolidation of many entities, the Company will need to reevaluate all its previous consolidation conclusions. The amendments will be effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015, with early adoption permitted (including during an interim period), provided that the guidance is applied as of the beginning of the annual period containing the adoption date. The Company does not expect these amendments to have a material effect on its financial statements.
	In April 2015, the FASB issued guidance that will require debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. This update affects disclosures related to debt issuance costs but does not affect existing recognition and measurement guidance for these items. The amendments will be effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015, with early adoption permitted. The Company does not expect these amendments to have a material effect on its financial statements.
	Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a material impact on the Company’s financial position, results of operations or cash flows.
	Risks and Uncertainties - In the normal course of its business, the Company encounters two significant types of risks: economic and regulatory. There are three main components of economic risk: interest rate risk, credit risk and market risk. The Company is subject to interest rate risk to the degree that its interest-bearing liabilities mature or reprice at different speeds, or on different basis, than its interest-earning assets. Credit risk is the risk of default on the Company's loan portfolio that results from a borrower's inability or unwillingness to make contractually required payments. Market risk reflects changes in the value of collateral underlying loans receivable and the valuation of real estate held by the Company.
	The Company is subject to the regulations of various governmental agencies. These regulations can and do change significantly from period to period. The Company also undergoes periodic examinations by the regulatory agencies, which may subject it to further changes with respect to asset valuations, amounts of required loss allowances and operating restrictions from the regulators' judgments based on information available to them at the time of their examination.
	Additionally, the Company is subject to certain regulations due to our participation in the CPP. Pursuant to the terms of the CPP Purchase Agreement between the Company and the U.S. Treasury, we adopted certain standards for executive compensation and corporate governance for the period during which the Treasury holds the equity issued pursuant to the CPP Purchase Agreement, including the common stock which may be issued pursuant to the CPP Warrant. These standards generally apply to our named executive officers. The standards include (1) ensuring that incentive compensation for senior executives does not encourage unnecessary and excessive risks that threaten the value of the financial institution; (2) required clawback of any bonus or incentive compensation paid to a senior executive based on statements of earnings, gains or other criteria that are later proven to be materially inaccurate; (3) prohibition on making golden parachute payments to senior executives; (4) prohibition on providing tax gross-up provisions; and (5) agreement not to deduct for tax purposes executive compensation in excess of $500 thousand for each senior executive. In particular, the change to the deductibility limit on executive compensation will likely increase the overall cost of our compensation programs in future periods and may make it more difficult to attract suitable candidates to serve as executive officers.
	In February 2005, the Bank purchased a $500 thousand 15-year renewable and convertible term life insurance policy through Banner Life Insurance Company on the life of James R. Clarkson, President and CEO. The Bank is both the owner and the beneficiary of this key person policy. The purpose of securing this policy was to provide the Bank with financial protection in the event of the unexpected death of Mr. Clarkson and better enable the Bank to attract a qualified replacement for Mr. Clarkson in such a situation.
	Legislation that has been adopted after we closed on our sale of Series T Preferred Stock and the CPP Warrant to the U.S. Treasury for $12.9 million pursuant to the CPP on March 6, 2009, or any legislation or regulations that may be implemented in the future, may have a material impact on the terms of our CPP transaction with the U.S. Treasury.
	Reclassifications - Certain captions and amounts for prior periods have been reclassified to conform to the March 31, 2015 presentation.

REGULATORY_MATTERS_AND_FUTURE_

REGULATORY MATTERS AND FUTURE OPERATIONS	3 Months Ended
	Mar. 31, 2015
Regulatory Matters And Going Concern Considerations [Abstract]
REGULATORY MATTERS AND FUTURE OPERATIONS	NOTE 2 – REGULATORY MATTERS, GOING CONCERN CONSIDERATIONS AND RECENT DEVELOPMENTS
	Consent Order with the Federal Deposit Insurance Corporation and South Carolina Board of Financial Institutions
	On February 10, 2011, the Bank entered into a Consent Order (the “Consent Order”) with the FDIC and the South Carolina Board of Financial Institutions (the “State Board”).
	The Consent Order conveys specific actions needed to address the Bank’s current financial condition, primarily related to capital planning, liquidity/funds management, policy and planning issues, management oversight, loan concentrations and classifications, and non-performing loans. A summary of the requirements of the Consent Order and the Bank’s status on complying with the Consent Order is as follows:
	Requirements of the Consent Order	Bank’s Compliance Status
	Achieve and maintain, by July 10, 2011, Total Risk Based capital at least equal to 10% of risk-weighted assets and Tier 1 capital at least equal to 8% of total assets.	The Bank did not meet the capital ratios as specified in the Consent Order and, as a result, submitted a revised capital restoration plan to the FDIC on July 15, 2011. The revised capital restoration plan was determined by the FDIC to be insufficient and, as a result, we submitted a further revised capital restoration plan to the FDIC on September 30, 2011. We received the FDIC’s non-objection to the further revised capital restoration plan on December 6, 2011.
		The Bank is working diligently to increase its capital ratios in order to strengthen its balance sheet and satisfy the commitments required under the Consent Order. The Bank has engaged independent third parties to assist the Bank in its efforts to increase its capital ratios. In addition to continuing to search for additional capital, the Bank is also searching for a potential merger partner. Although the Bank is pursuing both of these approaches simultaneously, given the lack of a market for bank mergers, particularly in the Southeast, as a result of the current economic and regulatory climate, and the lack of success the Company has had to date in attempting to raise capital, there can be no assurances the Company will either raise additional capital or find a merger partner.
	Submit, by April 11, 2011, a written capital plan to the supervisory authorities.	We believe we have complied with this provision of the Consent Order.
	Establish, by March 12, 2011, a plan to monitor compliance with the Consent Order, which shall be monitored by the Bank’s Directors’ Committee.	We believe we have complied with this provision of the Consent Order. The Directors’ Committee meets monthly and each meeting includes reviews and discussions of all areas required in the Consent Order.
	Develop, by May 11, 2011, a written analysis and assessment of the Bank’s management and staffing needs.	We believe we have complied with this provision of the Consent Order. In 2011, the Bank engaged an independent third party to perform an assessment of the Bank’s staffing needs to ensure the Bank has an appropriate organizational structure with qualified management in place. The Board of Directors has reviewed all recommendations regarding the Bank’s organizational structure.
	Notify the supervisory authorities in writing of the resignation or termination of any of the Bank’s directors or senior executive officers.	We believe we have complied with this provision of the Consent Order.
	Eliminate, by March 12, 2011, by charge-off or collection, all assets or portions of assets classified “Loss” and 50% of those assets classified “Doubtful.”	We believe we have complied with this provision of the Consent Order.
	Review and update, by April 11, 2011, its policy to ensure the adequacy of the Bank’s allowance for loan and lease losses, which must provide for a review of the	We believe we have complied with this provision of the Consent Order.
	Bank’s allowance for loan and lease losses at least once each calendar quarter.
	Submit, by April 11, 2011, a written plan to the supervisory authorities to reduce classified assets, which shall include, among other things, a reduction of the Bank’s risk exposure in relationships with assets in excess of $750,000 which are criticized as “Substandard” or “Doubtful”.  In accordance with the approved plan, reduce assets classified in the June 30, 2010 Report of Examination by 65% by August 11, 2012 and by 75% by February 9, 2013.	We believe we have complied with this provision of the Consent Order. The written plan was submitted and approved and assets classified in the June 30, 2010 Report of Examination have been reduced by 76.8% as of March 31, 2015.
	Revise, by April 11, 2011, its policies and procedures for managing the Bank’s Adversely Classified Other Real Estate Owned.	We believe we have complied with this provision of the Consent Order.
	Not extend any additional credit to any borrower who has a loan or other extension of credit from the Bank that has been charged-off or classified, in whole or in part, “Loss” or “Doubtful” and is uncollected. In addition, the Bank may not extend any additional credit to any borrower who has a loan or other extension of credit from the Bank that has been criticized, in whole or in part, “Substandard” and is uncollected, unless the Bank’s board of directors determines that failure to extend further credit to a particular borrower would be detrimental to the best interests of the Bank.	We believe we have complied with this provision of the Consent Order.  In the second quarter of 2010, the Bank engaged the services of an independent firm to perform an extensive review of the Bank’s credit portfolio and help management implement a more comprehensive lending and collection policy and more enhanced loan review.  An independent review of the Bank’s credit portfolio was most recently completed in the second quarter of 2014.
	Perform, by April 11, 2011, a risk segmentation analysis with respect to the Bank’s Concentrations of Credit and develop a written plan to systematically reduce any segment of the portfolio that is an undue concentration of credit.	We believe we have complied with this provision of the Consent Order.
	Review, by April 11, 2011 and annually thereafter, the Bank’s loan policies and procedures for adequacy and, based upon this review, make all appropriate revisions to the policies and procedures necessary to enhance the Bank’s lending functions and ensure their implementation.	We believe we have complied with this provision of the Consent Order. As noted above, the Bank engaged the services of an independent firm to perform an extensive review of the Bank’s credit portfolio and help management implement a more comprehensive lending and collection policy and more enhanced loan review.
	Adopt, by May 11, 2011, an effective internal loan review and grading system to provide for the periodic review of the Bank’s loan portfolio in order to identify and categorize the Bank’s loans, and other extensions of credit which are carried on the Bank’s books as loans, on the basis of credit quality.	We believe we have complied with this provision of the Consent Order. As noted above, the Bank engaged the services of an independent firm to perform an extensive review of the Bank’s credit portfolio and help management implement a more comprehensive lending and collection policy and more enhanced loan review.
	Review and update, by May 11, 2011, its written profit plan to ensure the Bank has a realistic, comprehensive budget for all categories of income and expense, which must address, at minimum, goals and strategies for improving and sustaining the earnings of the Bank, the major areas in and means by which the Bank will seek to improve the Bank’s operating performance, realistic and comprehensive budgets, a budget review process to monitor income and expenses of the Bank to compare actual results with budgetary projections, assess that operating assumptions that form the basis for budget projections and adequately support major projected income and expense components of the plan, and coordination of the Bank’s loan, investment, and operating policies and budget and profit planning with the funds management policy.	We believe we have complied with this provision of the Consent Order.  The Bank engaged an independent third party to assist management with a strategic plan to help restructure its balance sheet, increase capital ratios, return to profitability and maintain adequate liquidity.
	Review and update, by May 11, 2011, its written plan addressing liquidity, contingent funding, and asset liability management.	We believe we have complied with this provision of the Consent Order. In 2011, the Bank engaged an independent third party to assist management in its development of a strategic plan that achieves all requirements of the Consent Order. The strategic plan reflects the Bank’s plans to restructure its balance sheet, increase capital ratios, return to profitability, and maintain adequate liquidity. The Board of Directors has reviewed and adopted the Bank’s strategic plan.
	Eliminate, by March 12, 2011, all violations of law and regulation or contraventions of policy set forth in the FDIC’s safety and soundness examination of the Bank in November 2009.	We believe we have complied with this provision of the Consent Order.
	Not accept, renew, or rollover any brokered deposits unless it is in compliance with the requirements of 12 C.F.R. § 337.6(b).	Since entering into the Consent Order, the Bank has not accepted, renewed, or rolled-over any brokered deposits. Therefore, we believe we have complied with this provision of the Consent Order.
	Limit asset growth to 5% per annum.	We believe we have complied with this provision of the Consent Order.
	Not declare or pay any dividends or bonuses or make any distributions of interest, principal, or other sums on subordinated debentures without the prior approval of the supervisory authorities.	We believe we have complied with this provision of the Consent Order.
	The Bank shall comply with the restrictions on the effective yields on deposits as described in 12 C.F.R. § 337.6.	We believe we have complied with this provision of the Consent Order.
	Furnish, by March 12, 2011 and within 30 days of the end of each quarter thereafter, written progress reports to the supervisory authorities detailing the form and manner of any actions taken to secure compliance with the Consent Order.	We believe we have complied with this provision of the Consent Order, and we have submitted the required progress reports to the supervisory authorities.
	Submit, by March 12, 2011, a written plan to the supervisory authorities for eliminating its reliance on brokered deposits.	We believe we have complied with this provision of the Consent Order.
	Adopt, by April 11, 2011, an employee compensation plan after undertaking an independent review of compensation paid to all of the Bank’s senior executive officers.	We believe we have complied with this provision of the Consent Order.
	Prepare and submit, by May 11, 2011, its written strategic plan to the supervisory authorities.	We believe we have complied with this provision of the Consent Order. In 2011, the Bank engaged an independent third party to assist management in its development of a strategic plan that achieves all requirements of the Consent Order. The Board of Directors has reviewed and adopted the Bank’s strategic plan.
	There can be no assurance that the Bank will be able to comply fully with the provisions of the Consent Order, and the determination of the Bank’s compliance will be made by the FDIC and the State Board. In addition, the supervisory authorities may amend the Consent Order based on the results of their ongoing examinations. However, we believe we are currently in substantial compliance with the Consent Order except for the requirements to achieve and maintain Total Risk Based capital at least equal to 10% of risk-weighted assets and Tier 1 capital at least equal to 8% of total assets. Should we fail to comply with the capital requirements in the Consent Order, or suffer a continued deterioration in our financial condition, the Bank may be placed into a federal conservatorship or receivership by the FDIC, with the FDIC appointed as conservator or receiver.
	As of March 31, 2015, the Company was categorized as “critically undercapitalized” and the Bank was categorized as “significantly undercapitalized.” Our losses over the past few years have materially adversely impacted our capital. As a result, we have been pursuing a plan through which to achieve the capital requirements set forth under the Consent Order which includes, among other things, the sale of assets, reduction in total assets, and reduction of overhead expenses, as well as raising additional capital at either the Bank or the holding company level and attempting to find a merger partner for the Company or the Bank.
	We anticipate that we will need to raise a material amount of capital to return the Bank to an adequate level of capitalization and have been exploring a number of potential sources of capital. We have not had any success to date in raising this capital, and there are no assurances that we will be able to raise this capital on a timely basis or at all.
	We are also working to improve asset quality and to reduce the Bank’s investment in commercial real estate loans as a percentage of Tier 1 capital. The Company is reducing its reliance on brokered deposits and is committed to improving the Bank’s capital position.
	Written Agreement
	On May 9, 2011, the Company entered into a Written Agreement with the Federal Reserve Bank of Richmond.  The Written Agreement is designed to enhance the Company’s ability to act as a source of strength to the Bank.
	The Written Agreement contains provisions similar to those in the Bank’s Consent Order. Specifically, pursuant to the Written Agreement, the Company agreed, among other things, to seek the prior written approval of the Federal Reserve Bank of Richmond before undertaking any of the following activities:
		·	declaring or paying any dividends,
		·	directly or indirectly taking dividends or any other form of payment representing a reduction in capital from the Bank,
		·	making any distributions of interest, principal or other sums on subordinated debentures or trust preferred securities,
		·	directly or indirectly, incurring, increasing or guarantying any debt, and
		·	directly or indirectly, purchasing or redeeming any shares of its stock.
	The Company also agreed to comply with certain notice provisions set forth in the Federal Deposit Insurance Act and regulations of the Board of Governors of the Federal Reserve System (the “Federal Reserve”) in appointing any new director or senior executive officer, or changing the responsibilities of any senior executive officer so that the officer would assume a different senior executive officer position.  The Company is also required to comply with certain restrictions on indemnification and severance payments pursuant to the Federal Deposit Insurance Act and FDIC regulations.
	We believe we are currently in substantial compliance with the Written Agreement.
	On August 18, 2014, the Federal Reserve Bank of Richmond informed the Company that as soon as it has the funds available it is required to contribute $1.0 million to the Bank in repayment of a $1.0 million loan deemed made by the Bank to the Company. The Bank is a general unsecured creditor of the Company with respect to this amount.
	Going Concern Considerations
	The going concern assumption is a fundamental principle in the preparation of financial statements. It is the responsibility of management to assess the Company’s ability to continue as a going concern. In assessing this assumption, the Company has taken into account all available information about the future, which is at least, but is not limited to, twelve months from the balance sheet date of March 31, 2015. The Company had a history of profitable operations and sufficient sources of liquidity to meet its short-term and long-term funding needs. However, the Bank’s financial condition has suffered as a result of the economic downturn.
	The effects of the current economic environment are being felt across many industries, with financial services and residential real estate being particularly hard hit. The Bank, with a loan portfolio consisting of a concentration in commercial real estate loans, has seen a decline in the value of the collateral securing its portfolio as well as rapid deterioration in its borrowers’ cash flow and ability to repay their outstanding loans to the Bank. As a result, the Bank’s level of nonperforming assets increased substantially during 2010 and 2011. However, since 2012, the Bank’s nonperforming assets have begun to stabilize. The Bank’s nonperforming assets at March 31, 2015 were $27.4 million compared to $31.3 million at December 31, 2014 and $35.6 million at December 31, 2013. As a percentage of total assets, nonperforming assets were 6.44%, 7.43% and 8.19% as of March 31, 2015, and December 31, 2014 and 2013, respectively. As a percentage of total loans, nonperforming loans were 3.84%, 5.02%, and 4.15%, as of March 31, 2015, and December 31, 2014 and 2013, respectively.
	The Company and the Bank operate in a highly regulated industry and must plan for the liquidity needs of each entity separately. A variety of sources of liquidity have historically been available to the Bank to meet its short-term and long-term funding needs. Although a number of these sources have been limited following execution of the Consent Order, management has prepared forecasts of these sources of funds and the Bank’s projected uses of funds during 2015 in an effort to ensure that the sources available are sufficient to meet the Bank’s projected liquidity needs for this period.
	Prior to the economic downturn, the Company, if needed, would have relied on dividends from the Bank as its primary source of liquidity. Currently, however, the Company has no available sources of liquidity. The Company is a legal entity separate and distinct from the Bank. Various legal limitations restrict the Bank from lending or otherwise supplying funds to the Company to meet its obligations, including paying dividends. In addition, the terms of the Consent Order described below further limits the Bank’s ability to pay dividends to the Company to satisfy its funding needs. Unless the Company is able to raise capital, it will have no means of satisfying its funding needs.
	Management believes the Bank’s liquidity sources are adequate to meet its needs for at least the next 12 months, but if the Bank is unable to meet its liquidity needs, then the Bank may be placed into a federal conservatorship or receivership by the FDIC, with the FDIC appointed conservator or receiver.
	The Company will also need to raise substantial additional capital to increase the Bank’s capital levels to meet the standards set forth by the FDIC. Receivership by the FDIC is based on the Bank’s capital ratios rather than those of the Company. As of March 31, 2015, the Bank is categorized as significantly undercapitalized.
	There can be no assurances that the Company or the Bank will be able to raise additional capital. An equity financing transaction by the Company would result in substantial dilution to the Company’s current shareholders and could adversely affect the market price of the Company’s common stock. Likewise, an equity financing transaction by the Bank would result in substantial dilution to the Company’s ownership interest in the Bank. It is difficult to predict if these efforts will be successful, either on a short-term or long-term basis. Should these efforts be unsuccessful, the Company would be unable to realize its assets and discharge its liabilities in the normal course of business.
	The Company has been deferring interest payments on its trust preferred securities since March 2011 and has deferred interest payments for 17 consecutive quarters. The Company is allowed to defer payments for up to 20 consecutive quarterly periods, although interest will also accrue and compound quarterly from the date such deferred interest would have been payable were it not for the extension period. All of the deferred interest, including interest accrued on such deferred interest, is due and payable at the end of the applicable deferral period, which is in March 2016. At March 31, 2015, total accrued interest equaled $759 thousand. If we are not able to raise a sufficient amount of additional capital, the Company will not be able to pay this interest when it becomes due and the Bank may be unable to remain in compliance with the Consent Order. In addition, the Company must first make interest payments under the subordinated notes, which are senior to the trust preferred securities. Even if the Company succeeds in raising capital, it will have to be released from the Written Agreement or obtain approval from the Federal Reserve Bank of Richmond to pay interest on the trust preferred securities. If this interest is not paid by March 2016, the Company will be in default under the terms of the indenture related to the trust preferred securities. If the Company fails to pay the deferred and compounded interest at the end of the deferral period the trustee or the holders of 25% of the aggregate trust preferred securities outstanding, by providing written notice to the Company, may declare the entire principal and unpaid interest amounts of the trust preferred securities immediately due and payable. The aggregate principal amount of these trust preferred securities is $6.0 million. The trust preferred securities are junior to the subordinated notes, so even if a default is declared the trust preferred securities cannot be repaid prior to repayment of the subordinated notes. However, if the trustee or the holders of the trust preferred securities declares a default under the trust preferred securities, the Company could be forced into involuntary bankruptcy.
	As a result of management’s assessment of the Company’s ability to continue as a going concern, the accompanying consolidated financial statements for the Company have been prepared on a going concern basis, which contemplates the realization of assets and the discharge of liabilities in the normal course of business for the foreseeable future, and does not include any adjustments to reflect the possible future effects on the recoverability or classification of assets. There is substantial doubt about the Company’s ability to continue as a going concern.
	Recent Developments
	On March 24, 2015, the Bank entered into a definitive agreement with Sandhills Bank, North Myrtle Beach, South Carolina, to sell its Socastee, Windy Hill, and Carolina Forest branches with total deposits of approximately $41.0 million and approximately $7.0 million in loans. The deposit premium will be approximately 2.5% of deposits acquired. The transaction, which is subject to regulatory approval and other customary conditions, is expected to close in the third quarter of 2015.

INVESTMENT_SECURITIES

INVESTMENT SECURITIES	3 Months Ended
	Mar. 31, 2015
Investment securities:
INVESTMENT SECURITIES	NOTE 3 - INVESTMENT SECURITIES
	Securities available-for-sale consisted of the following:
		Amortized		Gross Unrealized						Estimated
	(Dollars in thousands)	Cost		Gains			Losses			Fair Value
	31-Mar-15
	Government-sponsored enterprises	$	38,956	$	19		$	(338	)	$	38,637
	Mortgage-backed securities		56,822		423			(399	)		56,846
	Obligations of state and local governments		1,234		24			—			1,258
	Total	$	97,012	$	466		$	(737	)	$	96,741
		Amortized		Gross Unrealized						Estimated
	(Dollars in thousands)	Cost		Gains			Losses			Fair Value
	31-Dec-14
	Government-sponsored enterprises	$	40,952	$	7		$	(877	)	$	40,082
	Mortgage-backed securities		65,328		447			(427	)		65,348
	Obligations of state and local governments		1,239		10			(5	)		1,244
	Total	$	107,519	$	464		$	(1,309	)	$	106,674
	The following is a summary of maturities of securities available-for-sale as of March 31, 2015. The amortized cost and estimated fair values are based on the contractual maturity dates. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without penalty.
	March 31, 2015 (in thousands)	Amortized Cost Due
		Due		After One			After Five
		Within		Through			Through			After Ten					Market
		One Year		Five Years			Ten Years			Years			Total		Value
	Investment securities
	Government sponsored enterprises	$	—	$	—		$	6,000		$	32,956		$	38,956	$	38,637
	Mortgage backed securities		—		—			7,599			49,223			56,822		56,846
	State and political subdivisions		—		—			626			608			1,234		1,258
	Total	$	—	$	—		$	14,225		$	82,787		$	97,012	$	96,741
	The following table shows gross unrealized losses and fair value, aggregated by investment category, and length of time that individual securities have been in a continuous unrealized loss position, at:
		31-Mar-15
		Less than twelve months					Twelve months or more						Total
		Fair		Unrealized			Fair			Unrealized			Fair		Unrealized
	(Dollars in thousands)	Value		Losses			Value			Losses			Value		Losses
	Government-sponsored enterprises	$	29,204	$	(231	)	$	4,958		$	(107	)	$	34,162	$	(338	)
	Mortgage-backed securities		12,561		(215	)		8,016			(184	)		20,577		(399	)
	Total	$	41,765	$	(446	)	$	12,974		$	(291	)	$	54,739	$	(737	)
		31-Dec-14
		Less than twelve months					Twelve months or more						Total
		Fair		Unrealized			Fair			Unrealized			Fair		Unrealized
	(Dollars in thousands)	Value		Losses			Value			Losses			Value		Losses
	Government-sponsored enterprises	$	—	$	—		$	38,076		$	(877	)	$	38,076	$	(877	)
	Mortgage-backed securities		22,024		(244	)		7,458			(183	)		29,482		(427	)
	Obligations of state and local governments		—		—			623			(5	)		623		(5	)
	Total	$	22,024	$	(244	)	$	46,157		$	(1,065	)	$	68,181	$	(1,309	)
	Management evaluates its investment portfolio periodically to identify any impairment that is other than temporary. At March 31, 2015, the Company had three government-sponsored enterprise securities and six mortgage-backed securities that have been in an unrealized loss position for more than twelve months. At December 31, 2014, 17 government-sponsored enterprise securities, six mortgage-backed securities, and one state and local government obligation security had been in an unrealized loss position for more than twelve months. Management believes these losses are temporary and are a result of the current interest rate environment. The Company does not intend to sell these securities and it is more likely than not that the Company will not be required to sell these securities before recovery of their amortized cost.
	At March 31, 2015 and December 31, 2014, investment securities with a book value of $42.3 million and $42.8 million, respectively, and a market value of $42.2 million and $42.2 million, respectively, were pledged to secure deposits.
	Proceeds from sales of available-for-sale securities were $6.4 million and $7.4 million for the three-month periods ended March 31, 2015 and 2014, respectively. Gross realized gains and losses on sales of available-for-sale securities for the periods ended were as follows:
	(Dollars in thousands)	Three months ended
		March 31,
		2015		2014
	Gross realized gains	$	134	$	64
	Gross realized losses		—		(13	)
	Net gain	$	134	$	51

LOAN_PORTFOLIO

LOAN PORTFOLIO	3 Months Ended
	Mar. 31, 2015
Loans and Leases Receivable Disclosure [Abstract]
LOAN PORTFOLIO	NOTE 4 - LOANS RECEIVABLE
	Loans consisted of the following:
		March 31,			December 31,
	(Dollars in thousands)	2015			2014
	Residential	$	80,737		$	84,568
	Commercial Real Estate		111,015			113,852
	Commercial		32,179			30,894
	Consumer		5,905			6,229
	Total gross loans	$	229,836		$	235,543
	Provision and Allowance for Loan Losses
	An allowance for loan losses is maintained at a level deemed appropriate by management to adequately provide for known and inherent losses in the loan portfolio. The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectability of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance.
	In evaluating the adequacy of the Company’s loan loss reserves, management identifies loans believed to be impaired. Impaired loans are those not likely to be repaid as to principal and interest in accordance with the terms of the loan agreement. The fair value of impaired loans is estimated using one of several methods, including collateral value, market value of similar debt, enterprise value, or liquidation value and discounted cash flows. Reserves are maintained for each loan in which the principal balance of the loan exceeds the net present value of the collateral or the net present value of cash flows. In addition to the specific allowance for individually reviewed loans, a general allowance for potential loan losses is established based on management’s review of the composition of the loan portfolio with the purpose of identifying any concentrations of risk, and an analysis of historical loan charge-offs and recoveries. The final component of the allowance for loan losses incorporates management’s evaluation of current economic conditions and other risk factors which may impact the inherent losses in the loan portfolio. These evaluations are highly subjective and require that a great degree of judgmental assumptions be made by management. This component of the allowance for loan losses includes additional estimated reserves for internal factors such as changes in lending staff, loan policy and underwriting guidelines, and loan seasoning and quality, and external factors such as national and local economic trends and conditions.
	The following table details the activity within our allowance for loan losses as of and for the periods ended March 31, 2015 and 2014 and as of and for the year ended December 31, 2014, by portfolio segment:
	31-Mar-15
	(Dollars in thousands)
					Commercial
		Commercial			Real Estate			Consumer			Residential			Total
	Allowance for loan losses:
	Beginning balance	$	597		$	3,591		$	185		$	1,414		$	5,787
	Charge-offs		(436	)		(99	)		(45	)		(194	)		(774	)
	Recoveries		142			175			5			54			376
	Provision		538			(776	)		65			173			—
	Ending balance	$	841		$	2,891		$	210		$	1,447		$	5,389
	Ending balances:
	Individually evaluated for impairment	$	149		$	777		$	9		$	735		$	1,670
	Collectively evaluated for impairment	$	692		$	2,114		$	201		$	712		$	3,719
	Loans receivable:
	Ending balance, total	$	32,179		$	111,015		$	5,905		$	80,737		$	229,836
	Ending balances:
	Individually evaluated for impairment	$	3,098		$	25,098		$	122		$	10,623		$	38,941
	Collectively evaluated for impairment	$	29,081		$	85,917		$	5,783		$	70,114		$	190,895
	31-Mar-14
	(Dollars in thousands)
					Commercial
		Commercial			Real Estate			Consumer			Residential			Total
	Allowance for loan losses:
	Beginning balance	$	1,020		$	5,312		$	144		$	2,967		$	9,443
	Charge-offs		(85	)		(126	)		(166	)		(451	)		(828	)
	Recoveries		113			189			13			98			413
	Provision		(28	)		(150	)		224			(46	)		—
	Ending balance	$	1,020		$	5,225		$	215		$	2,568		$	9,028
	Ending balances:
	Individually evaluated for impairment	$	277		$	2,537		$	28		$	881		$	3,723
	Collectively evaluated for impairment	$	743		$	2,688		$	187		$	1,687		$	5,305
	Loans receivable:
	Ending balance, total	$	34,371		$	130,302		$	7,581		$	82,839		$	255,093
	Ending balances:
	Individually evaluated for impairment	$	4,266		$	30,241		$	597		$	11,555		$	46,659
	Collectively evaluated for impairment	$	30,105		$	100,061		$	6,984		$	71,284		$	208,434
	31-Dec-14
	(Dollars in thousands)
					Commercial
		Commercial			Real Estate			Consumer			Residential			Total
	Allowance for loan losses:
	Beginning balance	$	1,020		$	5,312		$	144		$	2,967		$	9,443
	Charge-offs		(1,068	)		(4,646	)		(343	)		(974	)		(7,031	)
	Recoveries		549			1,117			38			610			2,314
	Provision		96			1,808			346			(1,189	)		1,061
	Ending balance	$	597		$	3,591		$	185		$	1,414		$	5,787
	Ending balances:
	Individually evaluated for impairment	$	151		$	1,008		$	11		$	737		$	1,907
	Collectively evaluated for impairment	$	446		$	2,583		$	174		$	677		$	3,880
	Loans receivable:
	Ending balance, total	$	30,894		$	113,852		$	6,229		$	84,568		$	235,543
Ending balances:
Individually evaluated for impairment	$	3,644		$	25,146		$	175		$	12,418		$	41,383
Collectively evaluated for impairment	$	27,250		$	88,706		$	6,054		$	72,150		$	194,160
Loan Performance and Asset Quality
Generally, a loan will be placed on nonaccrual status when it becomes 90 days past due as to principal or interest, or when management believes, after considering economic and business conditions and collection efforts, that the borrower’s financial condition is such that collection of the loan is doubtful. When a loan is placed in nonaccrual status, interest accruals are discontinued and income earned but not collected is reversed. Cash receipts on nonaccrual loans are not recorded as interest income, but are used to reduce principal.
The following chart summarizes delinquencies and nonaccruals, by portfolio class, as of March 31, 2015 and December 31, 2014.
31-Mar-15
(Dollars in thousands)
	30-59 Days			60-89 Days			90+ Days			Total						Total Loans		Non-
	Past Due			Past Due			Past Due			Past Due			Current			Receivable		accrual
Commercial	$	219		$	—		$	65		$	284		$	31,895		$	32,179	$	148
Commercial real estate:
Construction		285			56			362			703			29,758			30,461		3,689
Other		245			473			2,448			3,166			77,388			80,554		2,463
Real Estate:
Residential		1,834			326			1,460			3,620			77,117			80,737		2,345
Consumer:
Other		86			—			3			89			5,173			5,262		3
Revolving credit		—			2			—			2			641			643		—
Total	$	2,669		$	857		$	4,338		$	7,864		$	221,972		$	229,836	$	8,648
31-Dec-14
(Dollars in thousands)
	30-59 Days			60-89 Days			90+ Days			Total						Total Loans		Non-
	Past Due			Past Due			Past Due			Past Due			Current			Receivable		accrual
Commercial	$	282		$	27		$	—		$	309		$	30,585		$	30,894	$	633
Commercial real estate:
Construction		199			—			364			563			30,907			31,470		4,464
Other		493			283			2,023			2,799			79,583			82,382		2,643
Real Estate:
Residential		2,576			372			2,810			5,758			78,810			84,568		3,917
Consumer:
Other		101			2			—			103			5,449			5,552		—
Revolving credit		4			4			1			9			668			677		4
Total	$	3,655		$	688		$	5,198		$	9,541		$	226,002		$	235,543	$	11,661
At March 31, 2015 and December 31, 2014, one residential real estate loan in the amount of $170 thousand was past due more than 90 days and still accruing interest.
The following table summarizes management’s internal credit risk grades, by portfolio class, as of March 31, 2015 and December 31, 2014.
31-Mar-15
(Dollars in thousands)
				Commercial
	Commercial			Real Estate			Consumer			Residential			Total
Grade 1 - Minimal	$	1,409		$	—		$	598		$	—		$	2,007
Grade 2 – Modest		905			670			92			1,151			2,818
Grade 3 – Average		4,136			4,438			166			4,690			13,430
Grade 4 – Satisfactory		17,886			59,839			4,587			54,545			136,857
Grade 5 – Watch		2,919			16,013			169			4,885			23,986
Grade 6 – Special Mention		1,211			4,086			124			3,340			8,761
Grade 7 – Substandard		3,713			25,969			169			12,126			41,977
Grade 8 – Doubtful		—			—			—			—			—
Grade 9 – Loss		—			—			—			—			—
Total loans receivable	$	32,179		$	111,015		$	5,905		$	80,737		$	229,836
31-Dec-14
(Dollars in thousands)
				Commercial
	Commercial			Real Estate			Consumer			Residential			Total
Grade 1 - Minimal	$	1,093		$	—		$	531		$	—		$	1,624
Grade 2 – Modest		1,164			679			93			1,216			3,152
Grade 3 – Average		3,868			5,618			156			4,688			14,330
Grade 4 – Satisfactory		16,367			59,536			4,928			56,758			137,589
Grade 5 – Watch		2,905			16,091			178			4,695			23,869
Grade 6 – Special Mention		1,191			4,249			132			3,747			9,319
Grade 7 – Substandard		4,306			27,679			211			13,464			45,660
Grade 8 – Doubtful		—			—			—			—			—
Grade 9 – Loss		—			—			—			—			—
Total loans receivable	$	30,894		$	113,852		$	6,229		$	84,568		$	235,543
Loans graded one through four are considered “pass” credits. As of March 31, 2015, $155.1 million, or 67.5% of the loan portfolio had a credit grade of “minimal,” “modest,” “average” or “satisfactory.” For loans to qualify for these grades, they must be performing relatively close to expectations, with no significant departures from the intended source and timing of repayment.
Loans with a credit grade of “watch” and “special mention” are not considered classified; however, they are categorized as a watch list credit and are considered potential problem loans. This classification is utilized by us when there is an initial concern about the financial health of a borrower.  These loans are designated as such in order to be monitored more closely than other credits in the portfolio.  Loans on the watch list are not considered problem loans until they are determined by management to be classified as substandard. As of March 31, 2015, loans with a credit grade of “watch” and “special mention” totaled $32.7 million. Watch list loans are considered potential problem loans and are monitored as they may develop into problem loans in the future.
Loans graded “substandard” or greater are considered classified credits. At March 31, 2015, classified loans totaled $42.0 million, with $38.1 million being collateralized by real estate. Classified credits are evaluated for impairment on a quarterly basis. This includes $32.5 million in troubled debt restructurings (“TDRs”), of which $28.7 million were performing.
The Bank identifies impaired loans through its normal internal loan review process. A loan is considered impaired when, based on current information and events, it is probable that we will be unable to collect the scheduled payments of principal or interest when due, according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Impairment is measured on a loan-by-loan basis by calculating either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. Any resultant shortfall is charged to provision for loan losses and is classified as a specific reserve. When an impaired loan is ultimately charged-off, the charge-off is taken against the specific reserve.
Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Impaired consumer and residential loans are identified for impairment disclosures, however, it is policy to individually evaluate for impairment all loans with a credit grade of “substandard” or greater that have an outstanding balance of $50 thousand or greater, and all loans with a credit grade of “special mention” that have outstanding principal balance of $100 thousand or greater.
Impaired loans are valued on a nonrecurring basis at the lower of cost or market value of the underlying collateral or based on the net present value of cash flows. For loans valued based on collateral, market values were obtained using independent appraisals, updated in accordance with our reappraisal policy, or other market data such as recent offers to the borrower. At March 31, 2015, the recorded investment in impaired loans was $38.9 million, compared to $41.4 million at December 31, 2014.
The following chart details our impaired loans, which includes TDRs totaling $32.5 million and $33.2 million, by category as of March 31, 2015 and December 31, 2014, respectively:
31-Mar-15
(Dollars in thousands)				Unpaid						Average			Interest
	Recorded			Principal			Related			Recorded			Income
	Investment			Balance			Allowance			Investment			Recognized
With no related allowance recorded:
Commercial	$	1,159		$	1,356		$	—		$	1,192		$	14
Commercial real estate		18,449			22,830			—			18,546			153
Residential		4,431			5,053			—			4,464			31
Consumer		65			99			—			88			1
Total:	$	24,104		$	29,338		$	—		$	24,290		$	199
With an allowance recorded:
Commercial		1,939			1,939			149			1,954			22
Commercial real estate		6,649			7,754			777			6,666			53
Residential		6,192			6,192			735			6,208			63
Consumer		57			57			9			58			1
Total:	$	14,837		$	15,942		$	1,670		$	14,886		$	139
Total:
Commercial		3,098			3,295			149			3,146			36
Commercial real estate		25,098			30,584			777			25,212			206
Residential		10,623			11,245			735			10,672			94
Consumer		122			156			9			146			2
Total:	$	38,941		$	45,280		$	1,670		$	39,176		$	338
31-Dec-14
(Dollars in thousands)				Unpaid						Average			Interest
	Recorded			Principal			Related			Recorded			Income
	Investment			Balance			Allowance			Investment			Recognized
With no related allowance recorded:
Commercial	$	1,852		$	2,678		$	—		$	2,649		$	79
Commercial real estate		19,156			24,441			—			22,377			1,083
Residential		5,950			6,528			—			6,249			268
Consumer		32			32			—			34			3
Total:	$	26,990		$	33,679		$	—		$	31,309		$	1,433
With an allowance recorded:
Commercial		1,792			1,792			151			1,892			81
Commercial real estate		5,990			6,194			1,008			6,143			282
Residential		6,468			6,468			737			6,506			271
Consumer		143			143			11			150			8
Total:	$	14,393		$	14,597		$	1,907		$	14,691		$	642
Total:
Commercial		3,644			4,470			151			4,541			160
Commercial real estate		25,146			30,635			1,008			28,520			1,365
Residential		12,418			12,996			737			12,755			539
Consumer		175			175			11			184			11
Total:	$	41,383		$	48,276		$	1,907		$	46,000		$	2,075
TDRs are loans which have been restructured from their original contractual terms and include concessions that would not otherwise have been granted outside of the financial difficulty of the borrower. We only restructure loans for borrowers in financial difficulty that have designed a viable business plan to fully pay off all obligations, including outstanding debt, interest and fees, either by generating additional income from the business or through liquidation of assets. Generally, these loans are restructured to provide the borrower additional time to execute upon their plans.
With respect to restructured loans, we grant concessions by (1) reduction of the stated interest rate for the remaining original life of the debt, or (2) extension of the maturity date at a stated interest rate lower than the current market rate for new debt with similar risk. We do not generally grant concessions through forgiveness of principal or accrued interest. Restructured loans where a concession has been granted through extension of the maturity date generally include extension of payments in an interest only period, extension of payments with capitalized interest and extension of payments through a forbearance agreement. These extended payment terms are also combined with a reduction of the stated interest rate in certain cases.
Success in restructuring loans has been mixed but it has proven to be a useful tool in certain situations to protect collateral values and allow certain borrowers additional time to execute upon defined business plans. In situations where a TDR is unsuccessful and the borrower is unable to follow through with terms of the restructured agreement, the loan is placed on nonaccrual status and continues to be written down to the underlying collateral value.
Our policy with respect to accrual of interest on loans restructured in a TDR follows relevant supervisory guidance. That is, if a borrower has demonstrated performance under the previous loan terms and shows capacity to perform under the restructured loan terms, continued accrual of interest at the restructured interest rate is likely. If a borrower was materially delinquent on payments prior to the restructuring but shows capacity to meet the restructured loan terms, the loan will likely continue as nonaccrual going forward. Lastly, if the borrower does not perform under the restructured terms, the loan is placed on nonaccrual status.
We will continue to closely monitor these loans and will cease accruing interest on them if management believes that the borrowers may not continue performing based on the restructured note terms. If, after previously being classified as a TDR, a loan is restructured a second time, then that loan is automatically placed on nonaccrual status. Our policy with respect to nonperforming loans requires the borrower to make a minimum of six consecutive payments in accordance with the loan terms before that loan can be placed back on accrual status. Further, the borrower must show capacity to continue performing into the future prior to restoration of accrual status. We believe that all of our modified loans meet the definition of a TDR.
The following is a summary of information pertaining to our TDRs:
	March 31,			December 31,
(Dollars in thousands)	2015			2014
Nonperforming TDRs	$	3,738		$	5,013
Performing TDRs:
Commercial		2,972			2,942
Commercial real estate		18,517			17,499
Residential		7,120			7,537
Consumer		122			175
Total performing TDRs		28,731			28,153
Total TDRs	$	32,469		$	33,166
The following tables summarize how loans that were considered TDRs were modified during the periods indicated:
For the Three Months ended March 31, 2015
(Dollars in thousands)
	TDRs that are in compliance
	with the terms of the agreement									TDRs that subsequently defaulted(1)
				Pre-			Post						Pre-			Post-
				modification			modification						modification			modification
	Number			outstanding			outstanding			Number			outstanding			outstanding
	of			recorded			recorded			of			recorded			recorded
	contracts			investment			investment			contracts			investment			investment
Commercial		1		$	63		$	63			1		$	30		$	30
Commercial real estate		1			172			172			—			—			—
Residential		2			89			89			1			296			296
Total		4		$	324		$	324			2		$	326		$	326
During the quarter ended March 31, 2015, four loans were modified that were considered to be TDRs. Term concessions were granted for all four loans and payment deferrals were also granted for three of the loans.
For the Three Months ended March 31, 2014
(Dollars in thousands)
	TDRs that are in compliance
	with the terms of the agreement									TDRs that subsequently defaulted(1)
				Pre-			Post						Pre-			Post-
				modification			modification						modification			modification
	Number			outstanding			outstanding			Number			outstanding			outstanding
	of			recorded			recorded			of			recorded			recorded
	contracts			investment			investment			contracts			investment			investment
Commercial real estate		3		$	177		$	177			—		$	—		$	—
Residential		1			29			31			—			—			—
Total		4		$	206		$	208			—		$	—		$	—
(1) Loans past due 90 days or more are considered to be in default.
During the quarter ended March 31, 2014, four loans were modified that were considered to be TDRs. Term concessions were granted for all of these loans.
Portions of the allowance for loan losses may be allocated for specific loans or portfolio segments. However, the entire allowance for loan losses is available for any loan that, in management’s judgment, should be charged-off. While management utilizes the best judgment and information available to it, the ultimate adequacy of the allowance for loan losses depends on a variety of factors beyond our control, including the performance of our loan portfolio, the economy, changes in interest rates, and the view of the regulatory authorities toward loan classifications. If delinquencies and defaults increase, we may be required to increase our provision for loan losses, which would adversely affect our results of operations and financial condition. There can be no assurance that charge-offs of loans in future periods will not exceed the allowance for loan losses as estimated at any point in time or that provisions for loan losses will not be significant to a particular accounting period.
The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. These instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the balance sheets.
The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby letters of credit is represented by the contractual or notional amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance-sheet instruments.
Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loans to customers. The fair value of standby letters of credit is insignificant.
Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since some of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the counter-party.
Collateral held for commitments to extend credit and standby letters of credit varies but may include accounts receivable, inventory, property, plant, equipment, and income-producing commercial properties. The following table summarizes the Company’s off-balance sheet financial instruments whose contract amounts represent credit risk:
	March 31,			December 31,
(Dollars in thousands)	2015			2014
Commitments to extend credit	$	29,559		$	27,017
Standby letters of credit		247			247

OTHER_REAL_ESTATE_OWNED

OTHER REAL ESTATE OWNED	3 Months Ended
	Mar. 31, 2015
Other Real Estate [Abstract]
OTHER REAL ESTATE OWNED	NOTE 5 – OTHER REAL ESTATE OWNED
	Transactions in OREO for the periods ended March 31, 2015 and December 31, 2014:
		March 31,			December 31,
	(Dollars in thousands)	2015			2014
	Balance, beginning of period	$	19,501		$	24,972
	Additions		1,790			2,183
	Sales		(2,734	)		(7,337	)
	Write-ups (write-downs)		3			(317	)
	Balance, end of period	$	18,560		$	19,501

ADVANCES_FROM_THE_FEDERAL_HOME

ADVANCES FROM THE FEDERAL HOME LOAN BANK	3 Months Ended
	Mar. 31, 2015
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures [Abstract]
ADVANCES FROM THE FEDERAL HOME LOAN BANK	NOTE 6 - ADVANCES FROM THE FEDERAL HOME LOAN BANK
	Advances from the FHLB consisted of the following at March 31, 2015:
	(Dollars in thousands)	Advance	Advance		Advance			Maturing
		Type	Amount		Rate			On
		Convertible Advance	$	2,000		3.6	%		9	/4/18
		Convertible Advance		5,000		3.45	%		9	/10/18
		Convertible Advance		5,000		2.95	%		9	/18/18
		Fixed Rate		5,000		3.86	%		8	/20/19
			$	17,000
	As of March 31, 2015 we had advances totaling $17.0 million with various interest rates and maturity dates. Interest on all advances is at a fixed rate and payable quarterly. Convertible advances are callable by the FHLB on their respective call dates. The Company has the option to either repay any advance that has been called or to refinance the advance as a convertible advance.
	At March 31, 2015, the Company had pledged as collateral for FHLB advances approximately $536 thousand of one-to-four family first mortgage loans, $3.6 million of commercial real estate loans, $4.7 million in home equity lines of credit, $45 thousand in multifamily loans and $21.3 million of agency and private issue mortgage-backed securities. The Company has an investment in FHLB stock of $1.1 million. The Company has $11.2 million in excess borrowing capacity with the FHLB that is available if liquidity needs should arise. As a result of negative financial performance indicators, there is also a risk that the Bank’s ability to borrow from the FHLB could be curtailed or eliminated, although to date the Bank has not been denied advances from the FHLB or had to pledge additional collateral for its borrowings.
	As of March 31, 2015, scheduled principal reductions include $12 million in 2018 and $5 million in 2019.

JUNIOR_SUBORDINATED_DEBENTURES

JUNIOR SUBORDINATED DEBENTURES	3 Months Ended
	Mar. 31, 2015
Junior Subordinated Notes [Abstract]
JUNIOR SUBORDINATED DEBENTURES	NOTE 7 – JUNIOR SUBORDINATED DEBENTURES
	On December 21, 2004, the Trust issued $6.0 million floating rate trust preferred securities with a maturity of December 31, 2034. In accordance with current accounting standards, the trust has not been consolidated in these financial statements. The Company received from the Trust the $6.0 million proceeds from the issuance of the securities and the $186 thousand initial proceeds from the capital investment in the Trust and, accordingly, has shown the funds due to the Trust as a $6.2 million junior subordinated debenture. The current regulatory rules allow certain amounts of junior subordinated debentures to be included in the calculation of regulatory capital. The debenture issuance costs, net of accumulated amortization, totaled $72 thousand at March 31, 2015 and are included in other assets on the consolidated balance sheet. Amortization of debt issuance costs totaled $1 thousand for each of the periods ended March 31, 2015 and 2014.
	The Federal Reserve Bank of Richmond has prohibited the Company from paying interest due on the trust preferred securities since February 2011 and as a result, the Company has deferred interest payments in the amount of approximately $759 thousand as of March 31, 2015. All of the deferred interest, including interest accrued on such deferred interest, is due and payable at the end of the applicable deferral period, which is in March 2016. If we are not able to raise a sufficient amount of additional capital, the Company will not be able to pay this interest when it becomes due and the Bank may be unable to remain in compliance with the Consent Order. In addition, the Company must first make interest payments under the subordinated notes, which are senior to the trust preferred securities. Even if the Company succeeds in raising this capital, it will have to be released from the Written Agreement or obtain approval from the Federal Reserve Bank of Richmond to pay this interest on the trust preferred securities. If this interest is not paid by March 2016, the Company will be in default under the terms of the indenture related to the trust preferred securities. If the Company fails to pay the deferred and compounded interest at the end of the deferral period, the trustee or the holders of 25% of the aggregate trust preferred securities outstanding, by providing written notice to the Company, may declare the entire principal and unpaid interest amounts of the trust preferred securities immediately due and payable. The aggregate principal amount of these trust preferred securities is $6.0 million. If the trustee or the holders of the trust preferred securities demand immediate payment in full of the entire principal and unpaid interest amounts of the trust preferred securities, the Company could be forced into involuntary bankruptcy.

SUBORDINATED_DEBENTURES

SUBORDINATED DEBENTURES	3 Months Ended
	Mar. 31, 2015
Subordinated Borrowings [Abstract]
SUBORDINATED DEBENTURES	NOTE 8 - SUBORDINATED DEBENTURES
	On July 31, 2010, the Company completed a private placement of subordinated promissory notes that totaled $12.1 million. The notes currently bear interest at a rate equal to the current Prime Rate in effect, as published by the Wall Street Journal, plus 3%; provided, that the rate of interest shall not be less than 8% per annum or more than 12% per annum. The subordinated notes have been structured to fully count as Tier 2 regulatory capital on a consolidated basis.
	During 2013, $1.0 million of the subordinated notes were cancelled by the holder as part of a settlement of litigation between the holder, the Bank and the Company. The Company is obligated to contribute capital in this amount to the Bank when it is able to do so. The forgiveness of this debt was recognized in 2013 as noninterest income in the consolidated statements of operations.
	The Federal Reserve Bank of Richmond has prohibited the Company from paying interest due on the subordinated notes since October 2011, and, as a result, the Company has deferred interest payments in the amount of approximately $4.0 million as of March 31, 2015.

SHAREHOLDERS_EQUITY_AND_CAPITA

SHAREHOLDERS' EQUITY AND CAPITAL REQUIREMENTS	3 Months Ended
	Mar. 31, 2015
Stockholders' Equity Note [Abstract]
SHAREHOLDERS' EQUITY AND CAPITAL REQUIREMENTS	NOTE 9 - SHAREHOLDERS’ EQUITY AND CAPITAL REQUIREMENTS
	Preferred Stock – In March 2009, in connection with the CPP, the Company issued to the U.S. Treasury 12,895 shares of the Company’s Series T Preferred Stock. The Series T Preferred Stock has a dividend rate of 5% for the first five years and 9% thereafter, and has a call feature after three years.
	In connection with the sale of the Series T Preferred Stock, the Company also issued to the U.S. Treasury the CPP Warrant to purchase up to 91,714 shares of the Company’s common stock at an initial exercise price of $21.09 per share.
	As required under the CPP, dividend payments on and repurchases of the Company’s common stock are subject to certain restrictions. For as long as the Series T Preferred Stock is outstanding, no dividends may be declared or paid on the Company’s common stock until all accrued and unpaid dividends on the Series T Preferred Stock are fully paid. In addition, the U.S. Treasury’s consent is required for any increase in dividends on common stock before the third anniversary of issuance of the Series T Preferred Stock and for any repurchase of any common stock except for repurchases of common shares in connection with benefit plans.
	The Series T Preferred Stock and the CPP Warrant were sold to the U.S. Treasury for an aggregate purchase price of $12.9 million in cash. The purchase price was allocated between the Series T Preferred Stock and the CPP Warrant based upon the relative fair values of each to arrive at the amounts recorded by the Company. This resulted in the Series T Preferred Stock being issued at a discount which is being amortized on a level yield basis as a charge to retained earnings over an assumed life of five years.
	As of February 2011, the Federal Reserve Bank of Richmond, the Company’s primary federal regulator, has required the Company to defer dividend payments on the 12,895 shares of the Series T Preferred Stock. Therefore, for each quarterly period beginning in February 2011, the Company notified the U.S. Treasury of its deferral of quarterly dividend payments on the Series T Preferred Stock. The amount of each of the Company’s quarterly dividend payments was approximately $161 thousand through March 2014 and then increased to $290 thousand. As of March 31, 2015, the Company had $3.3 million of deferred dividend payments due on the Series T Preferred Stock. Because the Company has deferred these 17 payments, the Company is prohibited from paying any dividends on its common stock until all deferred payments have been made in full. In addition, whenever dividends payable on the shares of the Series T Preferred Stock have been deferred for an aggregate of six or more quarterly dividend periods, the holders of the preferred stock have the right to elect two directors to fill newly created directorships at the Company’s next annual meeting of the shareholders. As a result of the Company’s deferral of dividend payments on the Series T Preferred Stock, the U.S. Treasury, the current holder of all 12,895 shares of the Series T Preferred Stock, requested the Company’s non-objection to appoint a representative to observe monthly meetings of the Company’s Board of Directors. The Company granted the Treasury’s request and a representative of Treasury has attended the Company’s monthly board meetings since June 2012. As of the date of this report, Treasury has not notified the Company whether it intends to elect two directors to fill newly created directorships at the Company’s 2015 annual meeting of the shareholders. The Company has never paid a cash dividend, but as a result of the Company’s financial condition and these restrictions on the Company, including the restrictions on the Bank’s ability to pay dividends to the Company, the Company has not been permitted to pay a dividend on its common stock since 2009.
	Restrictions on Dividends - Under the terms of the Written Agreement, the Company is currently prohibited from declaring or paying any dividends without the prior written approval of the Federal Reserve Bank of Richmond. In addition, because the Company is a legal entity separate and distinct from the Bank and has little direct income itself, the Company relies on dividends paid to it by the Bank in order to pay dividends on its common stock. As a South Carolina state bank, the Bank may only pay dividends out of its net profits, after deducting expenses, including losses and bad debts. Under the Federal Deposit Insurance Corporation Act, the Bank may not pay a dividend if, after paying the dividend, the Bank would be undercapitalized. As of March 31, 2015, the Bank was classified as “significantly undercapitalized,” and therefore it is prohibited under FDICIA from paying dividends until it increases its capital levels. In addition, even if it increases its capital levels, under the terms of the Consent Order, the Bank is prohibited from declaring a dividend on its shares of common stock unless it receives approval from the FDIC and State Board. Further, as a result of the Company’s deferral of dividend payments on the 12,895 shares of Series T Preferred Stock and interest payments on the $6.0 million of trust preferred securities, the Company is prohibited from paying any dividends on its common stock until all deferred payments have been made in full.
	Regulatory Capital - The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a material effect on the Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors.
	Quantitative measures established by regulation to ensure capital adequacy require the Company and the Bank to maintain minimum ratios of Tier 1 and total capital as a percentage of assets and off-balance sheet exposures, adjusted for risk weights ranging from 0% to 100%. Tier 1 capital consists of common shareholders’ equity, excluding the unrealized gain or loss on securities available-for-sale, minus certain intangible assets. Tier 2 capital consists of the allowance for loan losses subject to certain limitations. Total capital for purposes of computing the capital ratios consists of the sum of Tier 1 and Tier 2 capital. The Company and the Bank are also required to maintain capital at a minimum level based on quarterly average assets, which is known as the leverage ratio.
	In July 2013, the federal bank regulatory agencies issued a final rule that has revised their risk-based capital requirements and the method for calculating risk-weighted assets to make them consistent with certain standards that were developed by the Basel Committee on Banking Supervision (“Basel III”) and certain provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”). The final rule applies to all depository institutions, such as the Bank, top-tier bank holding companies with total consolidated assets of $500 million or more, and top-tier savings and loan holding companies, which we refer to below as “covered” banking organizations. Bank holding companies with less than $500 million in total consolidated assets, such as the Company, are not subject to the final rule. Effective March 31, 2015, the Bank was required to implement the new Basel III capital standards (subject to the phase in for certain parts of the new rules).
	The approved rule includes a new minimum ratio of common equity Tier 1 capital to risk-weighted assets (“CET1”) of 4.5% and a capital conservation buffer of 2.5% of risk-weighted assets, which when fully phased-in, effectively results in a minimum CET1 ratio of 7.0%. Basel III also raises the minimum ratio of Tier 1 capital to risk-weighted assets from 4.0% to 6.0% (which, with the capital conservation buffer, effectively results in a minimum Tier 1 capital ratio of 8.5% when fully phased-in), effectively results in a minimum total capital to risk-weighted assets ratio of 10.5% (with the capital conservation buffer fully phased-in), and requires a minimum leverage ratio of 4.0%. Basel III also makes changes to the risk weights for certain assets and off-balance sheet exposures. Finally, CET1 includes accumulated other comprehensive income (which includes all unrealized gains and losses on available-for-sale debt and equity securities), subject to a transition period and a one-time opt-out election. The Bank elected to opt-out of this provision. As such, accumulated comprehensive income is not included in the Bank’s Tier 1 capital.
	To be considered “well-capitalized,” the Bank must maintain total risk-based capital of at least 10%, Tier 1 capital of at least 6%, and a leverage ratio of at least 5%. To be considered “adequately capitalized” under these capital guidelines, the Bank must maintain a minimum total risk-based capital of 8%, with at least 4% being Tier 1 capital. In addition, the Bank must maintain a minimum Tier 1 leverage ratio of at least 6%. Further, pursuant to the terms of the Consent Order with the FDIC and the State Board, the Bank must achieve and maintain Tier 1 capital at least equal to 8% and total risk-based capital at least equal to 10% by July 10, 2011.
	At March 31, 2015, the Company was categorized as “critically undercapitalized” and the Bank was categorized as “significantly undercapitalized.” Our losses over the past few years have adversely impacted our capital. As a result, we have been pursuing a plan to increase our capital ratios in order to strengthen our balance sheet and satisfy the commitments required under the Consent Order. However, if we continue to fail to meet the capital requirements in the Consent Order in a timely manner, then this would result in additional regulatory actions, which could ultimately lead to the Bank being taken into receivership by the FDIC. Our auditors have noted that the uncertainty of our ability to obtain sufficient capital raises substantial doubt about our ability to continue as a going concern.
	The following table summarizes the capital ratios and the regulatory minimum requirements for the Company and the Bank.
													Minimum
													To Be Well
								Minimum					Capitalized Under
								Capital					Prompt Corrective
		Actual						Requirement					Action Provisions
	(Dollars in thousands)	Amount			Ratio			Amount		Ratio			Amount			Ratio
	31-Mar-15
	The Company
	Total Capital
	(to Risk-Weighted Assets)	$	(10,200	)		(3.80	)%	$	21,476		8	%		N/A			N/A
	Tier 1 Capital
	(to Risk-Weighted Assets)	$	(10,200	)		(3.80	)%	$	10,738		4	%		N/A			N/A
	Tier 1 Capital
	(to Average Assets)	$	(10,200	)		(2.38	)%	$	17,167		4	%		N/A			N/A
	The Bank
	Total Capital
	(to Risk-Weighted Assets)	$	14,859			5.54	%	$	21,451		8	%	$	26,814			10	%
	Tier 1 Capital
	(to Risk-Weighted Assets)	$	11,482			4.28	%	$	16,089		6	%		(1	)		(1	)
	Tier 1 Capital
	(to Average Assets)	$	11,482			2.74	%	$	16,751		4	%	$	33,502			8	%
	Common Equity Tier 1 Capital
	(to Risk-Weighted Assets)	$	11,482			4.28	%	$	12,066		4.5	%		N/A			N/A
	31-Dec-14
	The Company
	Total Capital
	(to Risk-Weighted Assets)	$	(10,402	)		(3.61	)%	$	23,031		8	%		N/A			N/A
	Tier 1 Capital
	(to Risk-Weighted Assets)	$	(10,402	)		(3.61	)%	$	11,516		4	%		N/A			N/A
	Tier 1 Capital
	(to Average Assets)	$	(10,402	)		(2.36	)%	$	17,614		4	%		N/A			N/A
	The Bank
	Total Capital
	(to Risk-Weighted Assets)	$	14,533			5.05	%	$	23,008		8	%	$	28,760			10	%
	Tier 1 Capital
	(to Risk-Weighted Assets)	$	10,911			3.79	%	$	11,504		4	%		(1	)		(1	)
	Tier 1 Capital
	(to Average Assets)	$	10,911			2.53	%	$	17,255		4	%	$	34,510			8	%
	(1) Minimum capital amounts and ratios presented as of March 31, 2015 and December 31, 2014, are amounts to be well-capitalized under the various regulatory capital requirements administered by the FDIC. On February 10, 2011, the Bank became subject to a regulatory Consent Order with the FDIC. Minimum capital amounts and ratios presented for the Bank as of March 31, 2015 and December 31, 2014, are the minimum levels set forth in the Consent Order. No minimum Tier 1 capital to risk-weighted assets ratio was specified in the Consent Order. Regardless of the Bank’s capital ratios, it is unable to be classified as “well-capitalized” while it is operating under the Consent Order with the FDIC.

INCOME_LOSS_PER_SHARE

INCOME (LOSS) PER SHARE	3 Months Ended
	Mar. 31, 2015
Net income (loss) per common share
INCOME (LOSS) PER SHARE	NOTE 10 – INCOME (LOSS) PER SHARE
	(Dollars in thousands, except per share amounts)	Three Months ended
		March 31,
		2015			2014
	Basic income (loss) per common share:
	Net income (loss) available to common shareholders	$	(95	)	$	95
	Weighted average common shares outstanding - basic		3,816,340			3,738,337
	Basic income (loss) per common share	$	(0.02	)	$	0.03
	Diluted income (loss) per common share:
	Net income (loss) available to common shareholders	$	(95	)	$	95
	Weighted average common shares outstanding - basic		3,816,340			3,738,337
	Incremental shares		—			—
	Weighted average common shares outstanding - diluted		3,816,340			3,738,337
	Diluted income (loss) per common share	$	(0.02	)	$	0.03
	For the three month period ended March 31, 2015, there were 91,714 common stock equivalents outstanding which were not included in the diluted calculation because the effect would have been anti-dilutive. At March 31, 2014, the exercise price of the common stock equivalents exceeded the market value of the stock.

FAIR_VALUE

FAIR VALUE	3 Months Ended
	Mar. 31, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE	NOTE 11 - FAIR VALUE
	Fair Value Hierarchy
	Fair value is the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.
	Fair value estimates are made at a specific point in time based on relevant market and other information about the financial instruments. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on current economic conditions, risk characteristics of various financial instruments, and such other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates.
	Accounting principles establish a fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. There are three levels of inputs that may be used to measure fair value:
	Level 1	Quoted prices in active markets for identical assets or liabilities. Level 1 assets and liabilities include debt and equity securities and derivative contracts that are traded in an active exchange market, as well as U.S. Treasuries and money market funds.
	Level 2	Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets and liabilities include debt securities with quoted prices that are traded less frequently than exchange-traded instruments, mortgage-backed securities, municipal bonds, corporate debt securities, and derivative contracts whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data. This category generally includes certain derivative contracts and impaired loans.
	Level 3	Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. For example, this category generally includes certain private equity investments, retained residual interests in securitizations, residential mortgage servicing rights, and highly-structured or long-term derivative contracts.
	Financial Instruments
	The following methods and assumptions were used to estimate the fair value of significant financial instruments:
	Cash and Cash Equivalents - The carrying amount is a reasonable estimate of fair value.
	Securities Available-for-Sale - Investment securities available-for-sale are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted prices, if available. If quoted prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions and other factors such as credit loss assumptions.
	Nonmarketable Equity Securities - The carrying amount is a reasonable estimate of fair value since no ready market exists for these securities.
	Loans held for sale - Fair values of mortgage loans held for sale are based on commitments on hand from investors or market prices.
	Loans Receivable - For certain categories of loans, such as variable rate loans which are repriced frequently and have no significant change in credit risk, fair values are based on the carrying amounts. The fair value of other types of loans is estimated by discounting the future cash flows using the current rates at which similar loans would be made to the borrowers with similar credit ratings and for the same remaining maturities.
	Deposits - The fair value of demand deposits, savings, and money market accounts is the amount payable on demand at the reporting date. The fair values of certificates of deposit are estimated using a discounted cash flow calculation that applies current interest rates to a schedule of aggregated expected maturities.
	Repurchase Agreements – The carrying value of these instruments is a reasonable estimate of fair value.
	Advances from the Federal Home Loan Bank - For the portion of borrowings immediately callable, fair value is based on the carrying amount. The fair value of the portion maturing at a later date is estimated using a discounted cash flow calculation that applies the interest rate of the immediately callable portion to the portion maturing at the future date.
	Subordinated Debentures - The Company is unable to determine the fair value of these debentures.
	Junior Subordinated Debentures - The Company is unable to determine the fair value of these debentures.
	Off-Balance Sheet Financial Instruments - The contractual amount is a reasonable estimate of fair value for the instruments because commitments to extend credit and standby letters of credit are issued on a short-term or floating rate basis and include no unusual credit risks.
	The carrying values and estimated fair values of the Company’s financial instruments were as follows:
	31-Mar-15								Fair Value Measurements
	(Dollars in thousands)								Quoted		Significant
									market		other		Significant
									price in		observable		unobservable
			Carrying			Estimated			active markets		inputs		inputs
			Amount			Fair Value			(Level 1)		(Level 2)		(Level 3)
	Financial Assets:
	Cash and cash equivalents		$	49,571		$	49,571		$	49,571	$	—	$	—
	Securities available-for-sale			96,741			96,741			—		96,741		—
	Nonmarketable equity securities			1,330			1,330			—		—		1,330
	Loans held for sale			298			298			—		—		298
	Loans, net			224,447			224,804			—		—		224,804
	Financial Liabilities:
	Demand deposit, interest-bearing transaction, and savings accounts			182,199			182,199			182,199		—		—
	Certificates of deposit			212,403			214,282			—		214,282		—
	Repurchase agreements			990			990			—		990		—
	Advances from the Federal Home Loan Bank			17,000			17,129			—		17,129		—
	Subordinated debentures			11,062			*			—		—		—
	Junior subordinated debentures			6,186			*			—		—		—
			Notional			Estimated
			Amount			Fair Value
	Off-Balance Sheet Financial Instruments:
	Commitments to extend credit		$	29,559			n/a
	Standby letters of credit			247			n/a
	* The Company is unable to determine this value.
	31-Dec-14								Fair Value Measurements
	(Dollars in thousands)								Quoted		Significant
									market		other		Significant
									price in		observable		unobservable
			Carrying			Estimated			active markets		inputs		inputs
			Amount			Fair Value			(Level 1)		(Level 2)		(Level 3)
	Financial Assets:
	Cash and cash equivalents		$	28,527		$	28,527		$	28,527	$	—	$	—
	Securities available-for-sale			106,674			106,674			—		106,674		—
	Nonmarketable equity securities			1,342			1,342			—		—		1,342
	Loans, net			229,756			230,038			—		—		230,038
	Financial Liabilities:
	Demand deposit, interest-bearing transaction, and savings accounts			170,538			170,538			170,538		—		—
	Certificates of deposit			220,799			222,789			—		222,789		—
	Repurchase agreements			1,612			1,612			—		1,612		—
	Advances from the Federal Home Loan Bank			17,000			17,136			—		17,136		—
	Subordinated debentures			11,062			*			—		—		—
Junior subordinated debentures			6,186			*			—		—		—
		Notional			Estimated
		Amount			Fair Value
Off-Balance Sheet Financial Instruments:
Commitments to extend credit		$	20,017			n/a
Standby letters of credit			247			n/a
* The Company is unable to determine this value.
Assets and Liabilities Measured at Fair Value on a Recurring Basis
Following is a description of valuation methodologies used for assets and liabilities recorded at fair value.
Securities Available-for-Sale - Investment securities available-for-sale are recorded at fair value on a recurring basis. Fair value measurement is based upon quoted prices, if available. If quoted prices are not available, fair values are measured using independent pricing models or other model-based valuation techniques such as the present value of future cash flows, adjusted for the security’s credit rating, prepayment assumptions and other factors such as credit loss assumptions. Level 1 securities include those traded on an active exchange, such as the New York Stock Exchange, U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter markets and money market funds. Level 2 securities include mortgage-backed securities issued by government sponsored entities, municipal bonds and corporate debt securities. Securities classified as Level 3 include asset-backed securities in less liquid markets.
Loans - The Company does not record loans at fair value on a recurring basis, however, from time to time, a loan is considered impaired and an allowance for loan loss is established. Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan are considered impaired. Once a loan is identified as individually impaired, management measures impairment. The fair value of impaired loans is estimated using one of several methods, including the collateral value, market value of similar debt and discounted cash flows. Those impaired loans not requiring a specific allowance represents loans for which the fair value of expected repayments or collateral exceed the recorded investment in such loans. At March 31, 2015 and December 31, 2014, substantially all of the impaired loans were evaluated based upon the fair value of the collateral. Impaired loans where an allowance is established based on the fair value of collateral require classification in the fair value hierarchy. The fair value of Impaired Loans is generally based on judgment and therefore classified as nonrecurring Level 3.
Other Real Estate Owned - Foreclosed real estate is adjusted to fair value upon transfer of the loans to foreclosed real estate. Real estate acquired in settlement of loans is recorded initially at estimated fair value of the property less estimated selling costs at the date of foreclosure. The initial recorded value may be subsequently reduced by additional allowances, which are charges to earnings if the estimated fair value of the property less estimated selling costs declines below the initial recorded value. Fair value is based upon independent market prices, appraised values of the collateral or management’s estimation of the value of the collateral. The fair value of foreclosed assets is generally based on judgment and therefore is classified as nonrecurring Level 3.
The tables below present the balances of assets and liabilities measured at fair value on a recurring basis as of and for the periods ended March 31, 2015 and December 31, 2014, by level within the fair value hierarchy.
					Quoted prices in			Significant
					active markets			Other		Significant
					for identical			Observable		Unobservable
(Dollars in thousands)					assets			Inputs		Inputs
		Total			(Level 1)			(Level 2)		(Level 3)
31-Mar-15
Assets:
Government sponsored enterprises		$	38,637		$	—		$	38,637	$	—
Mortgage-backed securities			56,846			—			56,846		—
Obligations of state and local governments			1,258			—			1,258		—
Total		$	96,741		$	—		$	96,741	$	—
31-Dec-14
Assets:
Government sponsored enterprises		$	40,082		$	—		$	40,082	$	—
Mortgage-backed securities			65,348			—			65,348		—
Obligations of state and local governments			1,244			—			1,244		—
Total		$	106,674		$	—		$	106,674	$	—
The Company has no liabilities measured at fair value on a recurring basis.
Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
Certain assets and liabilities are measured at fair value on a nonrecurring basis; that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment). The following tables present the assets and liabilities carried on the balance sheet by caption and by level within the valuation hierarchy described above for which a nonrecurring change in fair value has been recorded during the periods ended March 31, 2015 and December 31, 2014.
					Quoted prices in			Significant
					active markets			Other		Significant
(Dollars in thousands)					for identical			Observable		Unobservable
					assets			Inputs		Inputs
		Total			(Level 1)			(Level 2)		(Level 3)
31-Mar-15
Assets:
Impaired loans, net of valuation allowance		$	37,271		$	—		$	—	$	37,271
Other real estate owned			18,560			—			—		18,560
Total		$	55,831		$	—		$	—	$	55,831
31-Dec-14
Assets:
Impaired loans, net of valuation allowance		$	39,476		$	—		$	—	$	39,476
Other real estate owned			19,501			—			—		19,501
Total		$	58,977		$	—		$	—	$	58,977
The Company has no liabilities measured at fair value on a nonrecurring basis.
Level 3 Valuation Methodologies
The fair value of impaired loans is estimated using one of several methods, including collateral value and discounted cash flows and, in rare cases, the market value of the note. Those impaired loans not requiring an allowance represent loans for which the net present value of the expected cash flows or fair value of the collateral less costs to sell exceed the recorded investments in such loans. At March 31, 2015, a majority of the total impaired loans were evaluated based on either the fair value of the collateral or net present value of the expected cash flows. When the fair value of the collateral is based on an executed sales contract with an independent third party, the Company records the impaired loan as nonrecurring Level 1. If the collateral is based on another observable market price or a current appraised value, the Company records the impaired loan as nonrecurring Level 2. When an appraised value is not available or the Company determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price, the Company records the impaired loan as nonrecurring Level 3. Impaired loans can be evaluated for impairment using the present value of expected future cash flows discounted at the loan’s effective interest rate. The measurement of impaired loans using future cash flows discounted at the loan’s effective interest rate rather than the market rate of interest is not a fair value measurement and is therefore excluded from fair value disclosure requirements. Impaired loans are reviewed and evaluated on at least a quarterly basis for additional impairment and adjusted accordingly.
Foreclosed real estate is carried at fair value less estimated selling costs. Fair value is generally based upon current appraisals, comparable sales, and other estimates of value obtained principally from independent sources, adjusted for selling costs. When the fair value of the collateral is based on an observable market price or a current appraised value, the Company records the asset as nonrecurring Level 2. However, the Company also considers other factors or recent developments which could result in adjustments to the collateral value estimates indicated in the appraisals such as changes in absorption rates or market conditions from the time of valuation. In situations where management adjustments are significant to the fair value measurements in its entirety, such measurements are classified as Level 3 within the valuation hierarchy.
The following table presents quantitative information about level 3 fair value measurements for financial instruments measured at fair value on a nonrecurring basis at March 31, 2015.
(Dollars in thousands)
		March 31,		Valuation	Unobservable		Range
		2015		Techniques	Inputs		(Weighted Avg)
Impaired loans:
Commercial		$  2,949		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-74.63%
				Flows	Independent quotes		-7.81%
Commercial real estate		24,321		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-81.75%
				Flows	Independent quotes		-12.61%
Residential		9,888		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-100.00%
				Flows	Independent quotes		-25.30%
Consumer		113		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-75.58%
				Flows	Independent quotes		-14.73%
Other real estate owned		18,560		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-50%
				Flows	Independent quotes		-6.27%
The following table presents quantitative information about level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at December 31, 2014.
(Dollars in thousands)
		December 31,		Valuation	Unobservable		Range
		2014		Techniques	Inputs		(Weighted Avg)
Impaired loans:
Commercial		$  3,493		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-75.06%
				Flows	Independent quotes		-14.41%
Commercial real estate		24,138		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-84.15%
				Flows	Independent quotes		-14.77%
Residential		11,681		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-92.12%
				Flows	Independent quotes		-49.91%
Consumer		164		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-35.41%
				Flows	Independent quotes		-6.20%
Other real estate owned		19,501		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-50.00%
				Flows	Independent quotes		-6.27%

BRANCH_SALE

BRANCH SALE	3 Months Ended
	Mar. 31, 2015
Branch Sale
BRANCH SALE	NOTE 12 – BRANCH SALE
	On March 24, 2015, the Bank entered into a definitive agreement with Sandhills Bank, North Myrtle Beach, South Carolina, to sell its Socastee, Windy Hill, and Carolina Forest branches with total deposits of approximately $41.0 million and approximately $7.0 million in loans. The deposit premium will be approximately 2.5% of deposits acquired. The transaction, which is subject to regulatory approval and other customary conditions, is expected to close in the third quarter of 2015. This reduction in assets is expected to be beneficial to the Bank’s capital position.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2015
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 13 – SUBSEQUENT EVENTS
	Subsequent events are events or transactions that occur after the balance sheet date but before financial statements are issued. Recognized subsequent events are events or transactions that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements. Nonrecognized subsequent events are events that provide evidence about conditions that did not exist at the date of the balance sheet but arose after that date. Management has reviewed events occurring through the date the financial statements were issued and no subsequent events occurred requiring accrual or disclosure that are not otherwise disclosed herein.

ORGANIZATION_AND_SIGNIFICANT_A1

ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation - The accompanying consolidated financial statements include the accounts of HCSB Financial Corporation (the “Company”) which was incorporated on June 10, 1999 to serve as a bank holding company for its wholly owned subsidiary, Horry County State Bank (the “Bank”). The Bank was incorporated on December 18, 1987, and opened for operations on January 4, 1988. The principal business activity of the Company is to provide commercial banking services in Horry County, South Carolina, and in Columbus and Brunswick Counties, North Carolina. The Bank is a state-chartered bank, and its deposits are insured by the Federal Deposit Insurance Corporation (the “FDIC”). HCSB Financial Trust I (the “Trust”) is a special purpose subsidiary organized for the sole purpose of issuing trust preferred securities. The operations of the Trust have not been consolidated in these financial statements.
	The accompanying consolidated financial statements have been prepared in accordance with the requirements for interim financial statements and, accordingly, they are condensed and omit disclosures, which would substantially duplicate those contained in the most recent annual report to shareholders. The financial statements as of March 31, 2015 and for the interim periods ended March 31, 2015 and 2014 are unaudited and, in our opinion, include all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation. Operating results for the three month period ended March 31, 2015 are not necessarily indicative of the results that may be expected for the year ending December 31, 2015. The financial information as of December 31, 2014 has been derived from the audited financial statements as of that date. For further information, refer to the financial statements and the notes included in HCSB Financial Corporation’s 2014 Annual Report on Form 10-K which was filed with the Securities and Exchange Commission (the “SEC”) on March 30, 2015, as amended on Form 10-K/A which was filed with the SEC on March 31, 2015.
	On March 24, 2015, the Bank entered into a definitive agreement with Sandhills Bank, North Myrtle Beach, South Carolina, to sell its Socastee, Windy Hill, and Carolina Forest branches with total deposits of approximately $41.0 million and approximately $7.0 million in loans. The deposit premium will be approximately 2.5% of deposits acquired. The transaction, which is subject to regulatory approval and other customary conditions, is expected to close in third quarter of 2015.
	On July 31, 2010, the Company completed a private placement of subordinated promissory notes that totaled $12.1 million. The notes currently bear interest at a rate equal to the current Prime Rate in effect, as published by the Wall Street Journal, plus 3%; provided, that the rate of interest shall not be less than 8% per annum or more than 12% per annum. The Federal Reserve Bank of Richmond has prohibited the Company from paying interest due on the subordinated notes since October 2011 and, as a result, the Company has deferred interest payments in the amount of approximately $4.0 million as of March 31, 2015. Refer to Note 8 to our Financial Statements for additional information on the outstanding subordinated promissory notes.
	On December 21, 2004, the Trust issued and sold a total of 6,000 trust preferred securities, with $1,000 liquidation amount per capital security, to institutional buyers in a pooled trust preferred issue. The trust preferred securities, which are reported on the consolidated balance sheet as junior subordinated debentures, generated proceeds of $6.0 million. As required by the Federal Reserve Bank of Richmond, beginning in March 2011, we began exercising our right to defer all quarterly distributions on our trust preferred securities. We may defer these interest payments for up to 20 consecutive quarterly periods, although interest will continue to accrue on the trust preferred securities and interest on such deferred interest will also accrue and compound quarterly from the date such deferred interest would have been payable were it not for the extension period. At March 31, 2015, total accrued interest equaled $759 thousand. All of the deferred interest, including interest accrued on such deferred interest, is due and payable at the end of the applicable deferral period, which is in March 2016. Refer to Note 7 to our Financial Statements for additional information on the outstanding trust preferred securities.
	On March 6, 2009, as part of the Troubled Asset Relief Program (the “TARP”) Capital Purchase Program (the “CPP”) established by the U.S. Department of the Treasury (the “U.S. Treasury”) under the Emergency Economic Stabilization Act of 2009, the Company issued and sold to the U.S. Treasury (i) 12,895 shares of its Fixed Rate Cumulative Perpetual Preferred Stock, Series T, having a liquidation preference of $1,000 per share (the “Series T Preferred Stock”), and (ii) a ten-year warrant to purchase up to 91,714 shares of its common stock at an initial exercise price of $21.09 per share (the “CPP Warrant”), for an aggregate purchase price of $12.9 million in cash. As of February 2011, the Federal Reserve Bank of Richmond has required the Company to defer dividend payments on the Series T Preferred Stock. As of March 31, 2015, the Company had $3.3 million of deferred dividend payments due on the Series T Preferred Stock. Because the Company has deferred these 17 payments, the Company is prohibited from paying any dividends on its common stock until all deferred payments have been made in full. Refer to Note 9 to our Financial Statements for additional information on the outstanding Series T Preferred Stock.
Management's Estimates	Management’s Estimates - In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the balance sheet date and income and expenses for the period. Actual results could differ significantly from those estimates.
	Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, including valuation allowances for impaired loans, and the carrying amount of real estate acquired in connection with foreclosures or in satisfaction of loans. Management must also make estimates in determining the estimated useful lives and methods for depreciating premises and equipment.
	While management uses available information to recognize losses on loans and foreclosed real estate, future additions to the allowance may be necessary based on changes in local economic conditions. In addition, regulatory agencies, as an integral part of their examination process, periodically review the Company’s allowances for losses on loans and foreclosed real estate. Such agencies may require the Company to recognize additions to the allowances based on their judgments about information available to them at the time of their examination. Because of these factors, it is reasonably possible that the allowances for losses on loans and foreclosed real estate may change materially in the near term.
Investment Securities	Investment Securities - Investment securities available-for-sale owned by the Company are carried at amortized cost and adjusted to their estimated fair value for reporting purposes. The unrealized gain or loss is recorded in shareholders’ equity net of any deferred tax effects. Management does not actively trade securities classified as available-for-sale, but intends to hold these securities for an indefinite period of time and may sell them prior to maturity to achieve certain objectives. Reductions in fair value considered by management to be other than temporary are reported as a realized loss and a reduction in the cost basis in the security. The adjusted cost basis of securities available-for-sale is determined by specific identification and is used in computing the realized gain or loss from a sales transaction.
Nonmarketable Equity Securities	Nonmarketable Equity Securities - Nonmarketable equity securities include the Company’s investments in the stock of the Federal Home Loan Bank (the “FHLB”). The FHLB stock is carried at cost because the stock has no quoted market value and no ready market exists. Investment in FHLB stock is a condition of borrowing from the FHLB, and the stock is pledged to collateralize the borrowings. Dividends received on FHLB stock are included as a separate component in interest income.
Loans Held for Sale	Loans Held for Sale - Loans held for sale consist of residential mortgage loans the Company originates for sale to secondary market investors. They are carried at the lower of aggregate cost or market value. Net unrealized losses, if any, are recognized through a valuation allowance by charges to income. Fees collected in conjunction with origination activities are deferred as part of the cost basis of the loan and recognized when the loan is sold. Gains or losses on sales are recognized when the loans are sold and are determined as the difference between the sales price and the carrying value of the loans.
	The Company issues rate lock commitments to borrowers based on prices quoted by secondary market investors. When rates are locked with borrowers, a sales commitment is immediately entered (on a best efforts basis) at a specified price with a secondary market investor. Accordingly, any potential liabilities associated with rate lock commitments are offset by sales commitments to investors.
Loans Receivable	Loans Receivable - Loans receivable are stated at their unpaid principal balance less any charge-offs. Interest income on loans is computed based upon the unpaid principal balance. Interest income is recorded in the period earned.
	The accrual of interest income is generally discontinued when a loan becomes contractually 90 days past due as to principal or interest. Management may elect to continue the accrual of interest when the estimated net realizable value of collateral exceeds the principal balance and accrued interest.
	Loan origination and commitment fees and certain direct loan origination costs (principally salaries and employee benefits) are deferred and amortized to income over the contractual life of the related loans or commitments, adjusted for prepayments, using the straight-line method.
	Loans are impaired when it is probable that a creditor will be unable to collect all amounts due according to the contractual terms of the loan agreement. All loans are subject to these criteria except for smaller balance homogeneous loans that are collectively evaluated for impairment and loans measured at fair value or at the lower of cost or fair value. The Company considers its consumer installment portfolio and home equity lines as such exceptions. Therefore, loans within the real estate and commercial loan portfolios are reviewed individually.
	Impairment of a loan is measured based on the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the collateral, if the loan is collateral dependent. When management determines that a loan is impaired, the difference between the Company’s investment in the related loan and the present value of the expected future cash flows, or the fair value of the collateral, is charged off with a corresponding entry to the allowance for loan losses. The accrual of interest is discontinued on an impaired loan when management determines the borrower may be unable to meet payments as they become due.
Concentrations Of Credit Risk	Concentrations of Credit Risk - Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of loans receivable, investment securities, federal funds sold and amounts due from banks.
	The Company makes loans to individuals and small businesses for various personal and commercial purposes primarily throughout Horry County in South Carolina and Columbus and Brunswick counties of North Carolina. The Company’s loan portfolio is not concentrated in loans to any single borrower or a relatively small number of borrowers. However, the loan portfolio does include a concentration in loans secured by residential and commercial real estate and commercial and industrial non-real estate loans. These loans are especially susceptible to being adversely effected by the current economic downturn. The downturn in general economic conditions over the past few years has resulted in an increase in loan delinquencies, defaults and foreclosures, and these trends may continue, especially in the Myrtle Beach area. In some cases, this downturn has resulted in a significant impairment to the value of our collateral and our ability to sell the collateral upon foreclosure, and there is a risk that this trend will continue. The commercial real estate collateral in each case provides an alternate source of repayment in the event of default by the borrower and may deteriorate in value during the time the credit is extended. If real estate values in our market areas continue to decline, it is also more likely that we would be required to increase our allowance for loan losses.
	In addition to monitoring potential concentrations of loans to particular borrowers or groups of borrowers, industries and geographic regions, management monitors exposure to credit risk from concentrations of lending products and practices such as loans that subject borrowers to substantial payment increases (e.g. principal deferral periods, loans with initial interest-only periods, etc.), and loans with high loan-to-value ratios. Management has determined that there is no concentration of credit risk associated with its lending policies or practices. Additionally, there are industry practices that could subject the Company to increased credit risk should economic conditions change over the course of a loan’s life. For example, the Company makes variable rate loans and fixed rate principal-amortizing loans with maturities prior to the loan being fully paid (i.e. balloon payment loans). These loans are underwritten and monitored to manage the associated risks. Therefore, management believes that these particular practices do not subject the Company to unusual credit risk.
	The Company’s investment portfolio consists principally of obligations of the United States, its agencies or its corporations and general obligation municipal securities. In the opinion of management, there is no concentration of credit risk in its investment portfolio. The Company places its deposits and correspondent accounts with and sells its federal funds to high quality institutions. Management believes credit risk associated with correspondent accounts is not significant.
Allowance For Loan Losses	Allowance for Loan Losses – The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectability of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experiences, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. Management’s judgments about the adequacy of the allowance are based on numerous assumptions about current events, which management believes to be reasonable, but which may or may not prove to be accurate. Thus, there can be no assurance that loan losses in future periods will not exceed the current allowance amount or that future increases in the allowance will not be required. No assurance can be given that management’s ongoing evaluation of the loan portfolio in light of changing economic conditions and other relevant circumstances will not require significant future additions to the allowance, thus adversely affecting the operating results of the Company.
	The allowance is subject to examination by regulatory agencies, which may consider such factors as the methodology used to determine adequacy and the size of the allowance relative to that of peer institutions, and other adequacy tests. In addition, such regulatory agencies could require the Company to adjust its allowance based on information available to them at the time of their examination.
	The methodology used to determine the reserve for unfunded lending commitments, which is included in other liabilities, is inherently similar to that used to determine the allowance for loan losses adjusted for factors specific to binding commitments, including the probability of funding and historical loss ratio.
Premises, Furniture And Equipment	Premises, Furniture and Equipment - Premises, furniture and equipment are stated at cost less accumulated depreciation. The provision for depreciation is computed by the straight-line method. Rates of depreciation are generally based on the following estimated useful lives: buildings - 40 years; furniture and equipment - three to 25 years. The cost of assets sold or otherwise disposed of and the related accumulated depreciation is eliminated from the accounts, and the resulting gains or losses are reflected in the income statement.
	Maintenance and repairs are charged to current expense as incurred, and the costs of major renewals and improvements are capitalized.
Other Real Estate Owned	Other Real Estate Owned - Other real estate owned includes real estate acquired through foreclosure. Other real estate owned is initially recorded at appraised value, less estimated costs to sell.
	Any write-downs at the dates of acquisition are charged to the allowance for loan losses. Expenses to maintain such assets, subsequent write-downs, and gains and losses on disposal are included in net cost of operations of other real estate owned.
Income And Expense Recognition	Income and Expense Recognition - The accrual method of accounting is used for all significant categories of income and expense. Immaterial amounts of insurance commissions and other miscellaneous fees are reported when received.
Income Taxes	Income Taxes – The Company files consolidated federal and state income tax returns. Federal income tax expense or benefit has been allocated to subsidiaries on a separate return basis. The Company accounts for income taxes based on two components of income tax expense: current and deferred. Current income tax expense approximates taxes to be paid or refunded for the current period and includes income tax expense related to uncertain tax positions, if any.
	Deferred income taxes are determined using the balance sheet method. Under this method, the net deferred tax asset or liability is based on the tax impacts of the differences between the book and tax bases of assets and liabilities and recognizes enacted changes in tax rates and laws in the period in which they occur. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are recognized subject to the Company’s judgment that realization is more likely than not. A tax position that meets the more likely than not recognition threshold is measured to determine the amount of benefit to recognize. The tax position is measured at the largest amount of benefit that is greater than 50% likely of being realized upon settlement. Interest and penalties, if any, are recognized as a component of income tax expense.
	The Company reviews the deferred tax assets for recoverability based on history of earnings, expectations for future earnings and expected timing of reversals of temporary differences. Realization of a deferred tax asset ultimately depends on the existence of sufficient taxable income available under tax law, including future reversals of existing temporary differences, future taxable income exclusive of reversing differences, taxable income in prior carryback years, projections of future operating results, cumulative tax losses over the past three years, tax loss deductibility limitations, and available tax planning strategies. If, based on available information, it is more likely than not that the deferred income tax asset will not be realized, a valuation allowance against the deferred tax asset must be established with a corresponding charge to income tax expense. The deferred tax assets and valuation allowance are evaluated each quarter, and a portion of the valuation allowance may be reversed in future periods. The determination of how much of the valuation allowance that may be reversed and the timing is based on future results of operation and the amount and timing of actual loan charge-offs and asset write-downs. At March 31, 2015 and December 31, 2014, the Company’s deferred tax asset was offset in its entirety by a valuation allowance.
	The Company believes that its income tax filing positions taken or expected to be taken in its tax returns will more likely than not be sustained upon audit by the taxing authorities and does not anticipate any adjustments that will result in a material adverse impact on the Company’s financial condition, results of operations, or cash flow. Therefore no reserves for uncertain income tax positions have been recorded.
Net Income (Loss) Per Common Share	Net Income Per Common Share - Basic income per common share is calculated by dividing net income by the weighted-average number of common shares outstanding during the period. Diluted net income per common share is computed based on net income divided by the weighted average number of common and potential common shares. The computation of diluted net loss per share does not include potential common shares as their effect would be anti-dilutive. The only potential common share equivalents are related to the CPP Warrant.
Comprehensive Income	Comprehensive Income - Accounting principles generally require recognized income, expenses, gains, and losses to be included in net income. Although certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, are reported as a separate component of the equity section of the balance sheet, such items, along with net income, are components of comprehensive income and are also presented in a separate statement of comprehensive income. Accumulated other comprehensive income consists entirely of unrealized holding gains and losses on available for sale securities.
Statements of Cash Flows	Statements of Cash Flows - For purposes of reporting cash flows, the Company considers certain highly liquid debt instruments purchased with a maturity of three months or less to be cash equivalents. Cash equivalents include amounts due from banks, federal funds sold, and interest-bearing deposits with other banks.
Off-Balance-Sheet Financial Instruments	Off-Balance Sheet Financial Instruments - In the ordinary course of business, the Company enters into off-balance sheet financial instruments consisting of commitments to extend credit and letters of credit. These financial instruments are recorded in the financial statements when they become payable by the customer.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements – The following is a summary of recent authoritative pronouncements.
	In January 2014, the Financial Accounting Standards Board (the “FASB”) amended the Receivables topic of the Accounting Standards Codification. The amendments are intended to resolve diversity in practice with respect to when a creditor should reclassify a collateralized consumer mortgage loan to other real estate owned (“OREO”). In addition, the amendments require a creditor reclassify a collateralized consumer mortgage loan to OREO upon obtaining legal title to the real estate collateral, or the borrower voluntarily conveying all interest in the real estate property to the lender to satisfy the loan through a deed in lieu of foreclosure or similar legal agreement. The amendments will be effective for the Company for annual periods, and interim periods within those annual periods beginning after December 15, 2014, with early implementation of the guidance permitted. In implementing this guidance, assets that are reclassified from real estate to loans are measured at the carrying value of the real estate at the date of adoption. Assets reclassified from loans to real estate are measured at the lower of the net amount of the loan receivable or the fair value of the real estate less costs to sell at the date of adoption. The Company will apply the amendments prospectively. The Company does not expect these amendments to have a material effect on its financial statements.
	In May 2014, the FASB issued guidance to change the recognition of revenue from contracts with customers. The core principle of the new guidance is that an entity should recognize revenue to reflect the transfer of goods and services to customers in an amount equal to the consideration the entity receives or expects to receive. The guidance will be effective for the Company for reporting periods beginning after December 15, 2016. The Company does not expect these amendments to have a material effect on its financial statements.
	In June 2014, the FASB issued guidance which makes limited amendments to the guidance on accounting for certain repurchase agreements. The new guidance (1) requires entities to account for repurchase-to-maturity transactions as secured borrowings (rather than as sales with forward repurchase agreements), (2) eliminates accounting guidance on linked repurchase financing transactions, and (3) expands disclosure requirements related to certain transfers of financial assets that are accounted for as sales and certain transfers (specifically, repos, securities lending transactions, and repurchase-to-maturity transactions) accounted for as secured borrowings. The amendments will be effective for the Company for the first interim or annual period beginning after December 15, 2014. The Company will apply the guidance by making a cumulative-effect adjustment to retained earnings as of the beginning of the period of adoption. The Company does not expect these amendments to have a material effect on its financial statements.
	In January 2015, the FASB issued guidance to eliminate from U.S. GAAP the concept of an extraordinary item, which is an event or transaction that is both unusual in nature and infrequently occurring. Under the new guidance, an entity will no longer (1) segregate an extraordinary item from the results of ordinary operations; (2) separately present an extraordinary item on its income statement, net of tax, after income from continuing operations; or (3) disclose income taxes and earnings-per-share data applicable to an extraordinary item. The amendments will be effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015, with early adoption permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. The Company will apply the guidance prospectively. The Company does not expect these amendments to have a material effect on its financial statements.
	In February 2015, the FASB issued guidance which amends the consolidation requirements and significantly changes the consolidation analysis required under U.S. GAAP. Although the amendments are expected to result in the deconsolidation of many entities, the Company will need to reevaluate all its previous consolidation conclusions. The amendments will be effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015, with early adoption permitted (including during an interim period), provided that the guidance is applied as of the beginning of the annual period containing the adoption date. The Company does not expect these amendments to have a material effect on its financial statements.
	In April 2015, the FASB issued guidance that will require debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. This update affects disclosures related to debt issuance costs but does not affect existing recognition and measurement guidance for these items. The amendments will be effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015, with early adoption permitted. The Company does not expect these amendments to have a material effect on its financial statements.
	Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a material impact on the Company’s financial position, results of operations or cash flows.
Risks And Uncertainties	Risks and Uncertainties - In the normal course of its business, the Company encounters two significant types of risks: economic and regulatory. There are three main components of economic risk: interest rate risk, credit risk and market risk. The Company is subject to interest rate risk to the degree that its interest-bearing liabilities mature or reprice at different speeds, or on different basis, than its interest-earning assets. Credit risk is the risk of default on the Company's loan portfolio that results from a borrower's inability or unwillingness to make contractually required payments. Market risk reflects changes in the value of collateral underlying loans receivable and the valuation of real estate held by the Company.
	The Company is subject to the regulations of various governmental agencies. These regulations can and do change significantly from period to period. The Company also undergoes periodic examinations by the regulatory agencies, which may subject it to further changes with respect to asset valuations, amounts of required loss allowances and operating restrictions from the regulators' judgments based on information available to them at the time of their examination.
	Additionally, the Company is subject to certain regulations due to our participation in the CPP. Pursuant to the terms of the CPP Purchase Agreement between the Company and the U.S. Treasury, we adopted certain standards for executive compensation and corporate governance for the period during which the Treasury holds the equity issued pursuant to the CPP Purchase Agreement, including the common stock which may be issued pursuant to the CPP Warrant. These standards generally apply to our named executive officers. The standards include (1) ensuring that incentive compensation for senior executives does not encourage unnecessary and excessive risks that threaten the value of the financial institution; (2) required clawback of any bonus or incentive compensation paid to a senior executive based on statements of earnings, gains or other criteria that are later proven to be materially inaccurate; (3) prohibition on making golden parachute payments to senior executives; (4) prohibition on providing tax gross-up provisions; and (5) agreement not to deduct for tax purposes executive compensation in excess of $500 thousand for each senior executive. In particular, the change to the deductibility limit on executive compensation will likely increase the overall cost of our compensation programs in future periods and may make it more difficult to attract suitable candidates to serve as executive officers.
	In February 2005, the Bank purchased a $500 thousand 15-year renewable and convertible term life insurance policy through Banner Life Insurance Company on the life of James R. Clarkson, President and CEO. The Bank is both the owner and the beneficiary of this key person policy. The purpose of securing this policy was to provide the Bank with financial protection in the event of the unexpected death of Mr. Clarkson and better enable the Bank to attract a qualified replacement for Mr. Clarkson in such a situation.
	Legislation that has been adopted after we closed on our sale of Series T Preferred Stock and the CPP Warrant to the U.S. Treasury for $12.9 million pursuant to the CPP on March 6, 2009, or any legislation or regulations that may be implemented in the future, may have a material impact on the terms of our CPP transaction with the U.S. Treasury.
Reclassifications	Reclassifications - Certain captions and amounts for prior periods have been reclassified to conform to the March 31, 2015 presentation.

REGULATORY_MATTERS_AND_FUTURE_1

REGULATORY MATTERS AND FUTURE OPERATIONS (Tables)	3 Months Ended
	Mar. 31, 2015
Regulatory Matters And Future Operations Tables
Schedule Of Compliance With Consent Order	The Consent Order conveys specific actions needed to address the Bank’s current financial condition, primarily related to capital planning, liquidity/funds management, policy and planning issues, management oversight, loan concentrations and classifications, and non-performing loans. A summary of the requirements of the Consent Order and the Bank’s status on complying with the Consent Order is as follows:
	Requirements of the Consent Order	Bank’s Compliance Status
	Achieve and maintain, by July 10, 2011, Total Risk Based capital at least equal to 10% of risk-weighted assets and Tier 1 capital at least equal to 8% of total assets.	The Bank did not meet the capital ratios as specified in the Consent Order and, as a result, submitted a revised capital restoration plan to the FDIC on July 15, 2011. The revised capital restoration plan was determined by the FDIC to be insufficient and, as a result, we submitted a further revised capital restoration plan to the FDIC on September 30, 2011. We received the FDIC’s non-objection to the further revised capital restoration plan on December 6, 2011.
		The Bank is working diligently to increase its capital ratios in order to strengthen its balance sheet and satisfy the commitments required under the Consent Order. The Bank has engaged independent third parties to assist the Bank in its efforts to increase its capital ratios. In addition to continuing to search for additional capital, the Bank is also searching for a potential merger partner. Although the Bank is pursuing both of these approaches simultaneously, given the lack of a market for bank mergers, particularly in the Southeast, as a result of the current economic and regulatory climate, and the lack of success the Company has had to date in attempting to raise capital, there can be no assurances the Company will either raise additional capital or find a merger partner.
	Submit, by April 11, 2011, a written capital plan to the supervisory authorities.	We believe we have complied with this provision of the Consent Order.
	Establish, by March 12, 2011, a plan to monitor compliance with the Consent Order, which shall be monitored by the Bank’s Directors’ Committee.	We believe we have complied with this provision of the Consent Order. The Directors’ Committee meets monthly and each meeting includes reviews and discussions of all areas required in the Consent Order.
	Develop, by May 11, 2011, a written analysis and assessment of the Bank’s management and staffing needs.	We believe we have complied with this provision of the Consent Order. In 2011, the Bank engaged an independent third party to perform an assessment of the Bank’s staffing needs to ensure the Bank has an appropriate organizational structure with qualified management in place. The Board of Directors has reviewed all recommendations regarding the Bank’s organizational structure.
	Notify the supervisory authorities in writing of the resignation or termination of any of the Bank’s directors or senior executive officers.	We believe we have complied with this provision of the Consent Order.
	Eliminate, by March 12, 2011, by charge-off or collection, all assets or portions of assets classified “Loss” and 50% of those assets classified “Doubtful.”	We believe we have complied with this provision of the Consent Order.
	Review and update, by April 11, 2011, its policy to ensure the adequacy of the Bank’s allowance for loan and lease losses, which must provide for a review of the	We believe we have complied with this provision of the Consent Order.
	Bank’s allowance for loan and lease losses at least once each calendar quarter.
	Submit, by April 11, 2011, a written plan to the supervisory authorities to reduce classified assets, which shall include, among other things, a reduction of the Bank’s risk exposure in relationships with assets in excess of $750,000 which are criticized as “Substandard” or “Doubtful”.  In accordance with the approved plan, reduce assets classified in the June 30, 2010 Report of Examination by 65% by August 11, 2012 and by 75% by February 9, 2013.	We believe we have complied with this provision of the Consent Order. The written plan was submitted and approved and assets classified in the June 30, 2010 Report of Examination have been reduced by 76.8% as of March 31, 2015.
	Revise, by April 11, 2011, its policies and procedures for managing the Bank’s Adversely Classified Other Real Estate Owned.	We believe we have complied with this provision of the Consent Order.
	Not extend any additional credit to any borrower who has a loan or other extension of credit from the Bank that has been charged-off or classified, in whole or in part, “Loss” or “Doubtful” and is uncollected. In addition, the Bank may not extend any additional credit to any borrower who has a loan or other extension of credit from the Bank that has been criticized, in whole or in part, “Substandard” and is uncollected, unless the Bank’s board of directors determines that failure to extend further credit to a particular borrower would be detrimental to the best interests of the Bank.	We believe we have complied with this provision of the Consent Order.  In the second quarter of 2010, the Bank engaged the services of an independent firm to perform an extensive review of the Bank’s credit portfolio and help management implement a more comprehensive lending and collection policy and more enhanced loan review.  An independent review of the Bank’s credit portfolio was most recently completed in the second quarter of 2014.
	Perform, by April 11, 2011, a risk segmentation analysis with respect to the Bank’s Concentrations of Credit and develop a written plan to systematically reduce any segment of the portfolio that is an undue concentration of credit.	We believe we have complied with this provision of the Consent Order.
	Review, by April 11, 2011 and annually thereafter, the Bank’s loan policies and procedures for adequacy and, based upon this review, make all appropriate revisions to the policies and procedures necessary to enhance the Bank’s lending functions and ensure their implementation.	We believe we have complied with this provision of the Consent Order. As noted above, the Bank engaged the services of an independent firm to perform an extensive review of the Bank’s credit portfolio and help management implement a more comprehensive lending and collection policy and more enhanced loan review.
	Adopt, by May 11, 2011, an effective internal loan review and grading system to provide for the periodic review of the Bank’s loan portfolio in order to identify and categorize the Bank’s loans, and other extensions of credit which are carried on the Bank’s books as loans, on the basis of credit quality.	We believe we have complied with this provision of the Consent Order. As noted above, the Bank engaged the services of an independent firm to perform an extensive review of the Bank’s credit portfolio and help management implement a more comprehensive lending and collection policy and more enhanced loan review.
	Review and update, by May 11, 2011, its written profit plan to ensure the Bank has a realistic, comprehensive budget for all categories of income and expense, which must address, at minimum, goals and strategies for improving and sustaining the earnings of the Bank, the major areas in and means by which the Bank will seek to improve the Bank’s operating performance, realistic and comprehensive budgets, a budget review process to monitor income and expenses of the Bank to compare actual results with budgetary projections, assess that operating assumptions that form the basis for budget projections and adequately support major projected income and expense components of the plan, and coordination of the Bank’s loan, investment, and operating policies and budget and profit planning with the funds management policy.	We believe we have complied with this provision of the Consent Order.  The Bank engaged an independent third party to assist management with a strategic plan to help restructure its balance sheet, increase capital ratios, return to profitability and maintain adequate liquidity.
	Review and update, by May 11, 2011, its written plan addressing liquidity, contingent funding, and asset liability management.	We believe we have complied with this provision of the Consent Order. In 2011, the Bank engaged an independent third party to assist management in its development of a strategic plan that achieves all requirements of the Consent Order. The strategic plan reflects the Bank’s plans to restructure its balance sheet, increase capital ratios, return to profitability, and maintain adequate liquidity. The Board of Directors has reviewed and adopted the Bank’s strategic plan.
	Eliminate, by March 12, 2011, all violations of law and regulation or contraventions of policy set forth in the FDIC’s safety and soundness examination of the Bank in November 2009.	We believe we have complied with this provision of the Consent Order.
	Not accept, renew, or rollover any brokered deposits unless it is in compliance with the requirements of 12 C.F.R. § 337.6(b).	Since entering into the Consent Order, the Bank has not accepted, renewed, or rolled-over any brokered deposits. Therefore, we believe we have complied with this provision of the Consent Order.
	Limit asset growth to 5% per annum.	We believe we have complied with this provision of the Consent Order.
	Not declare or pay any dividends or bonuses or make any distributions of interest, principal, or other sums on subordinated debentures without the prior approval of the supervisory authorities.	We believe we have complied with this provision of the Consent Order.
	The Bank shall comply with the restrictions on the effective yields on deposits as described in 12 C.F.R. § 337.6.	We believe we have complied with this provision of the Consent Order.
	Furnish, by March 12, 2011 and within 30 days of the end of each quarter thereafter, written progress reports to the supervisory authorities detailing the form and manner of any actions taken to secure compliance with the Consent Order.	We believe we have complied with this provision of the Consent Order, and we have submitted the required progress reports to the supervisory authorities.
	Submit, by March 12, 2011, a written plan to the supervisory authorities for eliminating its reliance on brokered deposits.	We believe we have complied with this provision of the Consent Order.
	Adopt, by April 11, 2011, an employee compensation plan after undertaking an independent review of compensation paid to all of the Bank’s senior executive officers.	We believe we have complied with this provision of the Consent Order.
	Prepare and submit, by May 11, 2011, its written strategic plan to the supervisory authorities.	We believe we have complied with this provision of the Consent Order. In 2011, the Bank engaged an independent third party to assist management in its development of a strategic plan that achieves all requirements of the Consent Order. The Board of Directors has reviewed and adopted the Bank’s strategic plan.

INVESTMENT_SECURITIES_Tables

INVESTMENT SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2015
Investment securities:
Schedule Of Securities Available-For-Sale		Amortized		Gross Unrealized						Estimated
	(Dollars in thousands)	Cost		Gains			Losses			Fair Value
	31-Mar-15
	Government-sponsored enterprises	$	38,956	$	19		$	(338	)	$	38,637
	Mortgage-backed securities		56,822		423			(399	)		56,846
	Obligations of state and local governments		1,234		24			—			1,258
	Total	$	97,012	$	466		$	(737	)	$	96,741
		Amortized		Gross Unrealized						Estimated
	(Dollars in thousands)	Cost		Gains			Losses			Fair Value
	31-Dec-14
	Government-sponsored enterprises	$	40,952	$	7		$	(877	)	$	40,082
	Mortgage-backed securities		65,328		447			(427	)		65,348
	Obligations of state and local governments		1,239		10			(5	)		1,244
	Total	$	107,519	$	464		$	(1,309	)	$	106,674
Summary Of Maturities Of Securities Available-For-Sale	March 31, 2015 (in thousands)	Amortized Cost Due
		Due		After One			After Five
		Within		Through			Through			After Ten					Market
		One Year		Five Years			Ten Years			Years			Total		Value
	Investment securities
	Government sponsored enterprises	$	—	$	—		$	6,000		$	32,956		$	38,956	$	38,637
	Mortgage backed securities		—		—			7,599			49,223			56,822		56,846
	State and political subdivisions		—		—			626			608			1,234		1,258
	Total	$	—	$	—		$	14,225		$	82,787		$	97,012	$	96,741
Schedule Of Gross Unrealized Losses And Fair Value Of Securities Available-For-Sale		31-Mar-15
		Less than twelve months					Twelve months or more						Total
		Fair		Unrealized			Fair			Unrealized			Fair		Unrealized
	(Dollars in thousands)	Value		Losses			Value			Losses			Value		Losses
	Government-sponsored enterprises	$	29,204	$	(231	)	$	4,958		$	(107	)	$	34,162	$	(338	)
	Mortgage-backed securities		12,561		(215	)		8,016			(184	)		20,577		(399	)
	Total	$	41,765	$	(446	)	$	12,974		$	(291	)	$	54,739	$	(737	)
		31-Dec-14
		Less than twelve months					Twelve months or more						Total
		Fair		Unrealized			Fair			Unrealized			Fair		Unrealized
	(Dollars in thousands)	Value		Losses			Value			Losses			Value		Losses
	Government-sponsored enterprises	$	—	$	—		$	38,076		$	(877	)	$	38,076	$	(877	)
	Mortgage-backed securities		22,024		(244	)		7,458			(183	)		29,482		(427	)
	Obligations of state and local governments		—		—			623			(5	)		623		(5	)
	Total	$	22,024	$	(244	)	$	46,157		$	(1,065	)	$	68,181	$	(1,309	)
Schedule Of Gross Realized Gains And Losses On Sales Of Available-For-Sale Secutities	(Dollars in thousands)	Three months ended
		March 31,
		2015		2014
	Gross realized gains	$	134	$	64
	Gross realized losses		—		(13	)
	Net gain	$	134	$	51

LOAN_PORTFOLIO_Tables

LOAN PORTFOLIO (Tables)	3 Months Ended
	Mar. 31, 2015
Loans and Leases Receivable Disclosure [Abstract]
Components Of Loan Portfolio By Category		March 31,			December 31,
	(Dollars in thousands)	2015			2014
	Residential	$	80,737		$	84,568
	Commercial Real Estate		111,015			113,852
	Commercial		32,179			30,894
	Consumer		5,905			6,229
	Total gross loans	$	229,836		$	235,543
Schedule Of Allowance For Loan Losses	31-Mar-15
	(Dollars in thousands)
					Commercial
		Commercial			Real Estate			Consumer			Residential			Total
	Allowance for loan losses:
	Beginning balance	$	597		$	3,591		$	185		$	1,414		$	5,787
	Charge-offs		(436	)		(99	)		(45	)		(194	)		(774	)
	Recoveries		142			175			5			54			376
	Provision		538			(776	)		65			173			—
	Ending balance	$	841		$	2,891		$	210		$	1,447		$	5,389
	Ending balances:
	Individually evaluated for impairment	$	149		$	777		$	9		$	735		$	1,670
	Collectively evaluated for impairment	$	692		$	2,114		$	201		$	712		$	3,719
	Loans receivable:
	Ending balance, total	$	32,179		$	111,015		$	5,905		$	80,737		$	229,836
	Ending balances:
	Individually evaluated for impairment	$	3,098		$	25,098		$	122		$	10,623		$	38,941
	Collectively evaluated for impairment	$	29,081		$	85,917		$	5,783		$	70,114		$	190,895
	31-Mar-14
	(Dollars in thousands)
					Commercial
		Commercial			Real Estate			Consumer			Residential			Total
	Allowance for loan losses:
	Beginning balance	$	1,020		$	5,312		$	144		$	2,967		$	9,443
	Charge-offs		(85	)		(126	)		(166	)		(451	)		(828	)
	Recoveries		113			189			13			98			413
	Provision		(28	)		(150	)		224			(46	)		—
	Ending balance	$	1,020		$	5,225		$	215		$	2,568		$	9,028
	Ending balances:
	Individually evaluated for impairment	$	277		$	2,537		$	28		$	881		$	3,723
	Collectively evaluated for impairment	$	743		$	2,688		$	187		$	1,687		$	5,305
	Loans receivable:
	Ending balance, total	$	34,371		$	130,302		$	7,581		$	82,839		$	255,093
	Ending balances:
	Individually evaluated for impairment	$	4,266		$	30,241		$	597		$	11,555		$	46,659
	Collectively evaluated for impairment	$	30,105		$	100,061		$	6,984		$	71,284		$	208,434
	31-Dec-14
	(Dollars in thousands)
					Commercial
		Commercial			Real Estate			Consumer			Residential			Total
	Allowance for loan losses:
	Beginning balance	$	1,020		$	5,312		$	144		$	2,967		$	9,443
	Charge-offs		(1,068	)		(4,646	)		(343	)		(974	)		(7,031	)
	Recoveries		549			1,117			38			610			2,314
	Provision		96			1,808			346			(1,189	)		1,061
	Ending balance	$	597		$	3,591		$	185		$	1,414		$	5,787
	Ending balances:
	Individually evaluated for impairment	$	151		$	1,008		$	11		$	737		$	1,907
	Collectively evaluated for impairment	$	446		$	2,583		$	174		$	677		$	3,880
	Loans receivable:
	Ending balance, total	$	30,894		$	113,852		$	6,229		$	84,568		$	235,543
	Ending balances:
	Individually evaluated for impairment	$	3,644		$	25,146		$	175		$	12,418		$	41,383
	Collectively evaluated for impairment	$	27,250		$	88,706		$	6,054		$	72,150		$	194,160
Summary Of Delinquencies And Nonaccruals, By Portfolio Class	31-Mar-15
	(Dollars in thousands)
		30-59 Days			60-89 Days			90+ Days			Total						Total Loans		Non-
		Past Due			Past Due			Past Due			Past Due			Current			Receivable		accrual
	Commercial	$	219		$	—		$	65		$	284		$	31,895		$	32,179	$	148
	Commercial real estate:
	Construction		285			56			362			703			29,758			30,461		3,689
	Other		245			473			2,448			3,166			77,388			80,554		2,463
	Real Estate:
	Residential		1,834			326			1,460			3,620			77,117			80,737		2,345
	Consumer:
	Other		86			—			3			89			5,173			5,262		3
	Revolving credit		—			2			—			2			641			643		—
	Total	$	2,669		$	857		$	4,338		$	7,864		$	221,972		$	229,836	$	8,648
	31-Dec-14
	(Dollars in thousands)
		30-59 Days			60-89 Days			90+ Days			Total						Total Loans		Non-
		Past Due			Past Due			Past Due			Past Due			Current			Receivable		accrual
	Commercial	$	282		$	27		$	—		$	309		$	30,585		$	30,894	$	633
	Commercial real estate:
	Construction		199			—			364			563			30,907			31,470		4,464
	Other		493			283			2,023			2,799			79,583			82,382		2,643
	Real Estate:
	Residential		2,576			372			2,810			5,758			78,810			84,568		3,917
	Consumer:
	Other		101			2			—			103			5,449			5,552		—
	Revolving credit		4			4			1			9			668			677		4
	Total	$	3,655		$	688		$	5,198		$	9,541		$	226,002		$	235,543	$	11,661
Summary Of Internal Credit Risk Grades, By Portfolio Class	31-Mar-15
	(Dollars in thousands)
					Commercial
		Commercial			Real Estate			Consumer			Residential			Total
	Grade 1 - Minimal	$	1,409		$	—		$	598		$	—		$	2,007
	Grade 2 – Modest		905			670			92			1,151			2,818
	Grade 3 – Average		4,136			4,438			166			4,690			13,430
	Grade 4 – Satisfactory		17,886			59,839			4,587			54,545			136,857
	Grade 5 – Watch		2,919			16,013			169			4,885			23,986
	Grade 6 – Special Mention		1,211			4,086			124			3,340			8,761
	Grade 7 – Substandard		3,713			25,969			169			12,126			41,977
	Grade 8 – Doubtful		—			—			—			—			—
	Grade 9 – Loss		—			—			—			—			—
	Total loans receivable	$	32,179		$	111,015		$	5,905		$	80,737		$	229,836
	31-Dec-14
	(Dollars in thousands)
					Commercial
		Commercial			Real Estate			Consumer			Residential			Total
	Grade 1 - Minimal	$	1,093		$	—		$	531		$	—		$	1,624
	Grade 2 – Modest		1,164			679			93			1,216			3,152
	Grade 3 – Average		3,868			5,618			156			4,688			14,330
	Grade 4 – Satisfactory		16,367			59,536			4,928			56,758			137,589
	Grade 5 – Watch		2,905			16,091			178			4,695			23,869
	Grade 6 – Special Mention		1,191			4,249			132			3,747			9,319
	Grade 7 – Substandard		4,306			27,679			211			13,464			45,660
	Grade 8 – Doubtful		—			—			—			—			—
	Grade 9 – Loss		—			—			—			—			—
	Total loans receivable	$	30,894		$	113,852		$	6,229		$	84,568		$	235,543
Schedule Of Impaired Loans	31-Mar-15
	(Dollars in thousands)				Unpaid						Average			Interest
		Recorded			Principal			Related			Recorded			Income
		Investment			Balance			Allowance			Investment			Recognized
	With no related allowance recorded:
	Commercial	$	1,159		$	1,356		$	—		$	1,192		$	14
	Commercial real estate		18,449			22,830			—			18,546			153
	Residential		4,431			5,053			—			4,464			31
	Consumer		65			99			—			88			1
	Total:	$	24,104		$	29,338		$	—		$	24,290		$	199
	With an allowance recorded:
	Commercial		1,939			1,939			149			1,954			22
	Commercial real estate		6,649			7,754			777			6,666			53
	Residential		6,192			6,192			735			6,208			63
	Consumer		57			57			9			58			1
	Total:	$	14,837		$	15,942		$	1,670		$	14,886		$	139
	Total:
	Commercial		3,098			3,295			149			3,146			36
	Commercial real estate		25,098			30,584			777			25,212			206
	Residential		10,623			11,245			735			10,672			94
	Consumer		122			156			9			146			2
	Total:	$	38,941		$	45,280		$	1,670		$	39,176		$	338
	31-Dec-14
	(Dollars in thousands)				Unpaid						Average			Interest
		Recorded			Principal			Related			Recorded			Income
		Investment			Balance			Allowance			Investment			Recognized
	With no related allowance recorded:
	Commercial	$	1,852		$	2,678		$	—		$	2,649		$	79
	Commercial real estate		19,156			24,441			—			22,377			1,083
	Residential		5,950			6,528			—			6,249			268
	Consumer		32			32			—			34			3
	Total:	$	26,990		$	33,679		$	—		$	31,309		$	1,433
	With an allowance recorded:
	Commercial		1,792			1,792			151			1,892			81
	Commercial real estate		5,990			6,194			1,008			6,143			282
	Residential		6,468			6,468			737			6,506			271
	Consumer		143			143			11			150			8
	Total:	$	14,393		$	14,597		$	1,907		$	14,691		$	642
	Total:
	Commercial		3,644			4,470			151			4,541			160
	Commercial real estate		25,146			30,635			1,008			28,520			1,365
	Residential		12,418			12,996			737			12,755			539
	Consumer		175			175			11			184			11
	Total:	$	41,383		$	48,276		$	1,907		$	46,000		$	2,075
Summary Of Troubled Debt Restructurings		March 31,			December 31,
	(Dollars in thousands)	2015			2014
	Nonperforming TDRs	$	3,738		$	5,013
	Performing TDRs:
	Commercial		2,972			2,942
	Commercial real estate		18,517			17,499
	Residential		7,120			7,537
	Consumer		122			175
	Total performing TDRs		28,731			28,153
	Total TDRs	$	32,469		$	33,166
Summary Of Loan Modifications	For the Three Months ended March 31, 2015
	(Dollars in thousands)
		TDRs that are in compliance
		with the terms of the agreement									TDRs that subsequently defaulted(1)
					Pre-			Post						Pre-			Post-
					modification			modification						modification			modification
		Number			outstanding			outstanding			Number			outstanding			outstanding
		of			recorded			recorded			of			recorded			recorded
		contracts			investment			investment			contracts			investment			investment
	Commercial		1		$	63		$	63			1		$	30		$	30
	Commercial real estate		1			172			172			—			—			—
	Residential		2			89			89			1			296			296
	Total		4		$	324		$	324			2		$	326		$	326
	For the Three Months ended March 31, 2014
	(Dollars in thousands)
		TDRs that are in compliance
		with the terms of the agreement									TDRs that subsequently defaulted(1)
					Pre-			Post						Pre-			Post-
					modification			modification						modification			modification
		Number			outstanding			outstanding			Number			outstanding			outstanding
		of			recorded			recorded			of			recorded			recorded
		contracts			investment			investment			contracts			investment			investment
	Commercial real estate		3		$	177		$	177			—		$	—		$	—
	Residential		1			29			31			—			—			—
	Total		4		$	206		$	208			—		$	—		$	—
	(1) Loans past due 90 days or more are considered to be in default.
Schedule Of Off-balance Sheet Financial Instruments		March 31,			December 31,
	(Dollars in thousands)	2015			2014
	Commitments to extend credit	$	29,559		$	27,017
	Standby letters of credit		247			247

OTHER_REAL_ESTATE_OWNED_Tables

OTHER REAL ESTATE OWNED (Tables)	3 Months Ended
	Mar. 31, 2015
Other Real Estate [Abstract]
Schedule Of Transactions In Other Real Estate Owned		March 31,			December 31,
	(Dollars in thousands)	2015			2014
	Balance, beginning of period	$	19,501		$	24,972
	Additions		1,790			2,183
	Sales		(2,734	)		(7,337	)
	Write-ups (write-downs)		3			(317	)
	Balance, end of period	$	18,560		$	19,501

ADVANCES_FROM_THE_FEDERAL_HOME1

ADVANCES FROM THE FEDERAL HOME LOAN BANK (Tables)	3 Months Ended
	Mar. 31, 2015
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures [Abstract]
Schedule Of Advances From Federal Home Loan Bank	(Dollars in thousands)	Advance	Advance		Advance			Maturing
		Type	Amount		Rate			On
		Convertible Advance	$	2,000		3.6	%		9	/4/18
		Convertible Advance		5,000		3.45	%		9	/10/18
		Convertible Advance		5,000		2.95	%		9	/18/18
		Fixed Rate		5,000		3.86	%		8	/20/19
			$	17,000

SHAREHOLDERS_EQUITY_AND_CAPITA1

SHAREHOLDERS' EQUITY AND CAPITAL REQUIREMENTS (Tables)	3 Months Ended
	Mar. 31, 2015
Shareholders Equity And Capital Requirements Tables
Schedule of Capital Ratios and the Regulatory Minimum Requirements													Minimum
													To Be Well
								Minimum					Capitalized Under
								Capital					Prompt Corrective
		Actual						Requirement					Action Provisions
	(Dollars in thousands)	Amount			Ratio			Amount		Ratio			Amount			Ratio
	31-Mar-15
	The Company
	Total Capital
	(to Risk-Weighted Assets)	$	(10,200	)		(3.80	)%	$	21,476		8	%		N/A			N/A
	Tier 1 Capital
	(to Risk-Weighted Assets)	$	(10,200	)		(3.80	)%	$	10,738		4	%		N/A			N/A
	Tier 1 Capital
	(to Average Assets)	$	(10,200	)		(2.38	)%	$	17,167		4	%		N/A			N/A
	The Bank
	Total Capital
	(to Risk-Weighted Assets)	$	14,859			5.54	%	$	21,451		8	%	$	26,814			10	%
	Tier 1 Capital
	(to Risk-Weighted Assets)	$	11,482			4.28	%	$	16,089		6	%		(1	)		(1	)
	Tier 1 Capital
	(to Average Assets)	$	11,482			2.74	%	$	16,751		4	%	$	33,502			8	%
	Common Equity Tier 1 Capital
	(to Risk-Weighted Assets)	$	11,482			4.28	%	$	12,066		4.5	%		N/A			N/A
	31-Dec-14
	The Company
	Total Capital
	(to Risk-Weighted Assets)	$	(10,402	)		(3.61	)%	$	23,031		8	%		N/A			N/A
	Tier 1 Capital
	(to Risk-Weighted Assets)	$	(10,402	)		(3.61	)%	$	11,516		4	%		N/A			N/A
	Tier 1 Capital
	(to Average Assets)	$	(10,402	)		(2.36	)%	$	17,614		4	%		N/A			N/A
	The Bank
	Total Capital
	(to Risk-Weighted Assets)	$	14,533			5.05	%	$	23,008		8	%	$	28,760			10	%
	Tier 1 Capital
	(to Risk-Weighted Assets)	$	10,911			3.79	%	$	11,504		4	%		(1	)		(1	)
	Tier 1 Capital
	(to Average Assets)	$	10,911			2.53	%	$	17,255		4	%	$	34,510			8	%
	(1) Minimum capital amounts and ratios presented as of March 31, 2015 and December 31, 2014, are amounts to be well-capitalized under the various regulatory capital requirements administered by the FDIC. On February 10, 2011, the Bank became subject to a regulatory Consent Order with the FDIC. Minimum capital amounts and ratios presented for the Bank as of March 31, 2015 and December 31, 2014, are the minimum levels set forth in the Consent Order. No minimum Tier 1 capital to risk-weighted assets ratio was specified in the Consent Order. Regardless of the Bank’s capital ratios, it is unable to be classified as “well-capitalized” while it is operating under the Consent Order with the FDIC.

INCOME_LOSS_PER_SHARE_Tables

INCOME (LOSS) PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2015
Net income (loss) per common share
Reconciliation Of Numerators And Denominators Used To Calculate Basic And Diluted Earnings (Losses) Per Share	(Dollars in thousands, except per share amounts)	Three Months ended
		March 31,
		2015			2014
	Basic income (loss) per common share:
	Net income (loss) available to common shareholders	$	(95	)	$	95
	Weighted average common shares outstanding - basic		3,816,340			3,738,337
	Basic income (loss) per common share	$	(0.02	)	$	0.03
	Diluted income (loss) per common share:
	Net income (loss) available to common shareholders	$	(95	)	$	95
	Weighted average common shares outstanding - basic		3,816,340			3,738,337
	Incremental shares		—			—
	Weighted average common shares outstanding - diluted		3,816,340			3,738,337
	Diluted income (loss) per common share	$	(0.02	)	$	0.03

FAIR_VALUE_Tables

FAIR VALUE (Tables)	3 Months Ended
	Mar. 31, 2015
Fair Value Disclosures [Abstract]
Schedule Of Carrying Values And Estimated Fair Values Of Financial Instruments	31-Mar-15							Fair Value Measurements
	(Dollars in thousands)							Quoted		Significant
								market		other		Significant
								price in		observable		unobservable
		Carrying			Estimated			active markets		inputs		inputs
		Amount			Fair Value			(Level 1)		(Level 2)		(Level 3)
	Financial Assets:
	Cash and cash equivalents	$	49,571		$	49,571		$	49,571	$	—	$	—
	Securities available-for-sale		96,741			96,741			—		96,741		—
	Nonmarketable equity securities		1,330			1,330			—		—		1,330
	Loans held for sale		298			298			—		—		298
	Loans, net		224,447			224,804			—		—		224,804
	Financial Liabilities:
	Demand deposit, interest-bearing transaction, and savings accounts		182,199			182,199			182,199		—		—
	Certificates of deposit		212,403			214,282			—		214,282		—
	Repurchase agreements		990			990			—		990		—
	Advances from the Federal Home Loan Bank		17,000			17,129			—		17,129		—
	Subordinated debentures		11,062			*			—		—		—
	Junior subordinated debentures		6,186			*			—		—		—
	* The Company is unable to determine this value.
	31-Dec-14							Fair Value Measurements
	(Dollars in thousands)							Quoted		Significant
								market		other		Significant
								price in		observable		unobservable
		Carrying			Estimated			active markets		inputs		inputs
		Amount			Fair Value			(Level 1)		(Level 2)		(Level 3)
	Financial Assets:
	Cash and cash equivalents	$	28,527		$	28,527		$	28,527	$	—	$	—
	Securities available-for-sale		106,674			106,674			—		106,674		—
	Nonmarketable equity securities		1,342			1,342			—		—		1,342
	Loans, net		229,756			230,038			—		—		230,038
	Financial Liabilities:
	Demand deposit, interest-bearing transaction, and savings accounts		170,538			170,538			170,538		—		—
	Certificates of deposit		220,799			222,789			—		222,789		—
	Repurchase agreements		1,612			1,612			—		1,612		—
	Advances from the Federal Home Loan Bank		17,000			17,136			—		17,136		—
	Subordinated debentures		11,062			*			—		—		—
	Junior subordinated debentures		6,186			*			—		—		—
	* The Company is unable to determine this value.
Schedule Of Carrying Values And Estimated Fair Values Of Off-Balance Sheet Financial Instruments		Notional			Estimated
		Amount			Fair Value
	Off-Balance Sheet Financial Instruments:
	Commitments to extend credit	$	29,559			n/a
	Standby letters of credit		247			n/a
		Notional			Estimated
		Amount			Fair Value
	Off-Balance Sheet Financial Instruments:
	Commitments to extend credit	$	20,017			n/a
	Standby letters of credit		247			n/a
Schedule Of Assets And Liabilities Measured At Fair Value On A Recurring Basis					Quoted prices in			Significant
					active markets			Other		Significant
					for identical			Observable		Unobservable
	(Dollars in thousands)				assets			Inputs		Inputs
		Total			(Level 1)			(Level 2)		(Level 3)
	31-Mar-15
	Assets:
	Government sponsored enterprises	$	38,637		$	—		$	38,637	$	—
	Mortgage-backed securities		56,846			—			56,846		—
	Obligations of state and local governments		1,258			—			1,258		—
	Total	$	96,741		$	—		$	96,741	$	—
	31-Dec-14
	Assets:
	Government sponsored enterprises	$	40,082		$	—		$	40,082	$	—
	Mortgage-backed securities		65,348			—			65,348		—
	Obligations of state and local governments		1,244			—			1,244		—
	Total	$	106,674		$	—		$	106,674	$	—
Schedule Of Assets And Liabilities Recorded At Fair Value On A Non-Recurring Basis					Quoted prices in			Significant
					active markets			Other		Significant
	(Dollars in thousands)				for identical			Observable		Unobservable
					assets			Inputs		Inputs
		Total			(Level 1)			(Level 2)		(Level 3)
	31-Mar-15
	Assets:
	Impaired loans, net of valuation allowance	$	37,271		$	—		$	—	$	37,271
	Other real estate owned		18,560			—			—		18,560
	Total	$	55,831		$	—		$	—	$	55,831
	31-Dec-14
	Assets:
	Impaired loans, net of valuation allowance	$	39,476		$	—		$	—	$	39,476
	Other real estate owned		19,501			—			—		19,501
	Total	$	58,977		$	—		$	—	$	58,977
Schedule Of Quantitative Information About Level 3 Fair Value Measurements On A Non-Recurring Basis	(Dollars in thousands)
		March 31,		Valuation	Unobservable		Range
		2015		Techniques	Inputs		(Weighted Avg)
	Impaired loans:
	Commercial	$  2,949		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-74.63%
				Flows	Independent quotes		-7.81%
	Commercial real estate	24,321		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-81.75%
				Flows	Independent quotes		-12.61%
	Residential	9,888		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-100.00%
				Flows	Independent quotes		-25.30%
	Consumer	113		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-75.58%
				Flows	Independent quotes		-14.73%
	Other real estate owned	18,560		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-50%
				Flows	Independent quotes		-6.27%
	(Dollars in thousands)
		December 31,		Valuation	Unobservable		Range
		2014		Techniques	Inputs		(Weighted Avg)
	Impaired loans:
	Commercial	$  3,493		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-75.06%
				Flows	Independent quotes		-14.41%
	Commercial real estate	24,138		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-84.15%
				Flows	Independent quotes		-14.77%
	Residential	11,681		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-92.12%
				Flows	Independent quotes		-49.91%
	Consumer	164		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-35.41%
				Flows	Independent quotes		-6.20%
	Other real estate owned	19,501		Appraised Value/	Appraisals and/or sales
				Discounted Cash	of comparable properties/		0.00%-50.00%
				Flows	Independent quotes		-6.27%

ORGANIZATION_AND_SIGNIFICANT_A2

ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) (USD $)	3 Months Ended	0 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 06, 2010	Dec. 31, 2014
		Number
Fixed Rate Cumulative Perpetual Preferred Stock, Series T, shares issued to U.S. Treasury	12,895		12,895
Building [Member]
Estimated Useful Life of asset (in years)	40 years
Furniture and Fixtures [Member] | Minimum [Member]
Estimated Useful Life of asset (in years)	3 years
Furniture and Fixtures [Member] | Maximum [Member]
Estimated Useful Life of asset (in years)	25 years
Series T Preferred Stock [Member]
Fixed Rate Cumulative Perpetual Preferred Stock, Series T, shares issued to U.S. Treasury		12,895
Fixed Rate Cumulative Perpetual Preferred Stock, Series T, Liquidation preference (per share		$1,000
Warrant Term		10 years
Maximum number of common stock shares purchased under ten-year warrant		91,714
Common stock, initial exercise price		$21.09
Aggregate purchase price of Fixed Rate Cumulative Perpetual Preferred Stock, Series T		$12,900
Deferred dividend payment due to Series T Preferred Stock		$3,300
Number of accrued dividend payments due on Series T Preferred Stock		17

REGULATORY_MATTERS_AND_FUTURE_2

REGULATORY MATTERS AND FUTURE OPERATIONS (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Feb. 09, 2013	Aug. 11, 2012	Mar. 12, 2012	Jul. 10, 2011
In Thousands, unless otherwise specified
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Nonperforming assets	$27,400	$31,300	$35,600
Percentage of nonperforming assets	6.44%	7.43%	8.19%
Percentage of total loans to non performing loans	3.84%	5.02%	4.15%
Consent Order Requirements [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Charge-off or collect assets classified as "Doubtful"						50.00%
Percentage of Reduce assets classified in accordance with the approved plan				75.00%	65.00%
Percentage of assets reduced after approval plan	76.80%
Minimum [Member] | Consent Order Requirements [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total risk based capital of risk-weighted assets (as a percentage)							10.00%
Tier 1 capital of total assets (as a percentage)							8.00%

REGULATORY_MATTERS_AND_FUTURE_3

REGULATORY MATTERS AND FUTURE OPERATIONS (Details Narrative) (Trust Preferred Securities [Mermber], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015
Trust Preferred Securities [Mermber]
Description of deferring interest payments	The Company has been deferring interest payments on its trust preferred securities since March 2011 and has deferred interest payments for 17 consecutive quarters. The Company is allowed to defer payments for up to 20 consecutive quarterly periods, although interest will also accrue and compound quarterly from the date such deferred interest would have been payable were it not for the extension period. All of the deferred interest, including interest accrued on such deferred interest, is due and payable at the end of the applicable deferral period, which is in March 2016.
Accrued interest	$759
Aggregate principal amount	$6,000

INVESTMENT_SECURITIES_Details

INVESTMENT SECURITIES (Details) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$97,012	$107,519
Gross Unrealized Gains	466	464
Gross Unrealized Losses	-737	-1,309
Estimated Fair Value	96,741	106,674
Government Sponsored Enterprises Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	38,956	40,952
Gross Unrealized Gains	19	7
Gross Unrealized Losses	-338	-877
Estimated Fair Value	38,637	40,082
Mortgage Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	56,822	65,328
Gross Unrealized Gains	423	447
Gross Unrealized Losses	-399	-427
Estimated Fair Value	56,846	65,348
Obligations Of State And Local Governments [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	1,234	1,239
Gross Unrealized Gains	24	10
Gross Unrealized Losses		-5
Estimated Fair Value	$1,258	$1,244

INVESTMENT_SECURITIES_Details_

INVESTMENT SECURITIES (Details 2) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Securities Available-For-Sale Amortized Cost [Abstract]
Due within one year
Due after one year but within five years
Due after five years but within ten years	14,225
Due after ten years	82,787
Amortized Cost	97,012	107,519
Estimated Fair Value	96,741	106,674
Government Sponsored Enterprises Debt Securities [Member]
Securities Available-For-Sale Amortized Cost [Abstract]
Due within one year
Due after one year but within five years
Due after five years but within ten years	6,000
Due after ten years	32,956
Amortized Cost	38,956	40,952
Estimated Fair Value	38,637	40,082
Mortgage Backed Securities [Member]
Securities Available-For-Sale Amortized Cost [Abstract]
Due within one year
Due after one year but within five years
Due after five years but within ten years	7,599
Due after ten years	49,223
Amortized Cost	56,822	65,328
Estimated Fair Value	56,846	65,348
Obligations Of State And Local Governments [Member]
Securities Available-For-Sale Amortized Cost [Abstract]
Due within one year
Due after one year but within five years
Due after five years but within ten years	626
Due after ten years	608
Amortized Cost	1,234	1,239
Estimated Fair Value	$1,258	$1,244

INVESTMENT_SECURITIES_Details_1

INVESTMENT SECURITIES (Details 3) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Securities Available-for-Sale, Less than twelve months, Fair Value	$41,765	$22,024
Securities Available-for-Sale, Less than twelve months, Unrealized losses	-446	-244
Securities Available-for-Sale, Twelve months or more, Fair value	12,974	46,157
Securities Available-for-Sale, Twelve months or more, Unrealized losses	-291	-1,065
Securities Available-for-Sale, Total, Fair Value	54,739	68,181
Securities Available-for-Sale, Total, Unrealized losses	-737	-1,309
Government Sponsored Enterprises Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Securities Available-for-Sale, Less than twelve months, Fair Value	29,204
Securities Available-for-Sale, Less than twelve months, Unrealized losses	-231
Securities Available-for-Sale, Twelve months or more, Fair value	4,958	38,076
Securities Available-for-Sale, Twelve months or more, Unrealized losses	-107	-877
Securities Available-for-Sale, Total, Fair Value	34,162	38,076
Securities Available-for-Sale, Total, Unrealized losses	-338	-877
Mortgage Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Securities Available-for-Sale, Less than twelve months, Fair Value	12,561	22,024
Securities Available-for-Sale, Less than twelve months, Unrealized losses	-215	-244
Securities Available-for-Sale, Twelve months or more, Fair value	8,016	7,458
Securities Available-for-Sale, Twelve months or more, Unrealized losses	-184	-183
Securities Available-for-Sale, Total, Fair Value	20,577	29,482
Securities Available-for-Sale, Total, Unrealized losses	-399	-427
Obligations Of State And Local Governments [Member]
Schedule of Available-for-sale Securities [Line Items]
Securities Available-for-Sale, Less than twelve months, Fair Value
Securities Available-for-Sale, Less than twelve months, Unrealized losses
Securities Available-for-Sale, Twelve months or more, Fair value		623
Securities Available-for-Sale, Twelve months or more, Unrealized losses		-5
Securities Available-for-Sale, Total, Fair Value		623
Securities Available-for-Sale, Total, Unrealized losses		($5)

INVESTMENT_SECURITIES_Details_2

INVESTMENT SECURITIES (Details 4) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Investment securities:
Gross realized gains	$134	$64
Gross realized losses		-13
Net gain	$134	$51

INVESTMENT_SECURITIES_Details_3

INVESTMENT SECURITIES (Details Narrative) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Book value of investment securities pledged to secure deposits	$42,300		$42,800
Market value of investment securities pledged to secure deposits	42,200		42,200
Proceeds from sales of securities available-for-sale	$6,412	$7,424
Government Sponsored Enterprises Debt Securities [Member]
Number of individual securities in an unrealized loss position for more than twelve months	3		17
Mortgage Backed Securities [Member]
Number of individual securities in an unrealized loss position for more than twelve months	6		6
Obligations Of State And Local Governments [Member]
Number of individual securities in an unrealized loss position for more than twelve months			1

LOAN_PORTFOLIO_Details

LOAN PORTFOLIO (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Total Loans Receivable	$229,836	$235,543
Residential Portfolio Segment [Member]
Total Loans Receivable	80,737	84,568
Commercial Real Estate Portfolio Segment [Member]
Total Loans Receivable	111,015	113,852
Commercial Loan [Member]
Total Loans Receivable	32,179	30,894
Consumer Loan [Member]
Total Loans Receivable	$5,905	$6,229

LOAN_PORTFOLIO_Details_2

LOAN PORTFOLIO (Details 2) (USD $)	3 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Allowances for loan losses, Beginning balance	$5,787	$9,443	$9,443
Allowances for loan losses, Charge-offs	-774	-828	-7,031
Allowances for loan losses, Recoveries	376	413	2,314
Allowances for loan losses, Provisions			1,061
Allowances for loan losses, Ending balance	5,389	9,028	5,787
Allowances for loan losses, Individually evaluated for impairment, Ending Balances	1,670	3,723	1,907
Allowances for loan losses, Collectively evaluated for impairment, Ending Balances	3,719	5,305	3,880
Loans receivable	229,836	255,093	235,543
Loans receivable, Individually evaluated for impairment	38,941	46,659	41,383
Loans receivable, Collectively evaluated for impairment	190,895	208,434	194,160
Commercial Loan [Member]
Allowances for loan losses, Beginning balance	597	1,020	1,020
Allowances for loan losses, Charge-offs	-436	-85	-1,068
Allowances for loan losses, Recoveries	142	113	549
Allowances for loan losses, Provisions	538	-28	96
Allowances for loan losses, Ending balance	841	1,020	597
Allowances for loan losses, Individually evaluated for impairment, Ending Balances	149	277	151
Allowances for loan losses, Collectively evaluated for impairment, Ending Balances	692	743	446
Loans receivable	32,179	34,371	30,894
Loans receivable, Individually evaluated for impairment	3,098	4,266	3,644
Loans receivable, Collectively evaluated for impairment	29,081	30,105	27,250
Commercial Real Estate Portfolio Segment [Member]
Allowances for loan losses, Beginning balance	3,591	5,312	5,312
Allowances for loan losses, Charge-offs	-99	-126	-4,646
Allowances for loan losses, Recoveries	175	189	1,117
Allowances for loan losses, Provisions	-776	-150	1,808
Allowances for loan losses, Ending balance	2,891	5,225	3,591
Allowances for loan losses, Individually evaluated for impairment, Ending Balances	777	2,537	1,008
Allowances for loan losses, Collectively evaluated for impairment, Ending Balances	2,114	2,688	2,583
Loans receivable	111,015	130,302	113,852
Loans receivable, Individually evaluated for impairment	25,098	30,241	25,146
Loans receivable, Collectively evaluated for impairment	85,917	100,061	88,706
Consumer Loan [Member]
Allowances for loan losses, Beginning balance	185	144	144
Allowances for loan losses, Charge-offs	-45	-166	-343
Allowances for loan losses, Recoveries	5	13	38
Allowances for loan losses, Provisions	65	224	346
Allowances for loan losses, Ending balance	210	215	185
Allowances for loan losses, Individually evaluated for impairment, Ending Balances	9	28	11
Allowances for loan losses, Collectively evaluated for impairment, Ending Balances	201	187	174
Loans receivable	5,905	7,581	6,229
Loans receivable, Individually evaluated for impairment	122	597	175
Loans receivable, Collectively evaluated for impairment	5,783	6,984	6,054
Residential Portfolio Segment [Member]
Allowances for loan losses, Beginning balance	1,414	2,967	2,967
Allowances for loan losses, Charge-offs	-194	-451	-974
Allowances for loan losses, Recoveries	54	98	610
Allowances for loan losses, Provisions	173	-46	-1,189
Allowances for loan losses, Ending balance	1,447	2,568	1,414
Allowances for loan losses, Individually evaluated for impairment, Ending Balances	735	881	737
Allowances for loan losses, Collectively evaluated for impairment, Ending Balances	712	1,687	677
Loans receivable	80,737	82,839	84,568
Loans receivable, Individually evaluated for impairment	10,623	11,555	12,418
Loans receivable, Collectively evaluated for impairment	$70,114	$71,284	$72,150

LOAN_PORTFOLIO_Details_3

LOAN PORTFOLIO (Details 3) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014
In Thousands, unless otherwise specified
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	$2,669	$3,655
60-89 Days Past Due	857	688
90 + Days Past Due	4,338	5,198
Total Past Due	7,864	9,541
Current	221,972	226,002
Total Loans Receivable	229,836	235,543	255,093
Nonaccrual Loans	8,648	11,661
Commercial Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	219	282
60-89 Days Past Due		27
90 + Days Past Due	65
Total Past Due	284	309
Current	31,895	30,585
Total Loans Receivable	32,179	30,894	34,371
Nonaccrual Loans	148	633
Commercial Real Estate Construction Financing Receivable [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	285	199
60-89 Days Past Due	56
90 + Days Past Due	362	364
Total Past Due	703	563
Current	29,758	30,907
Total Loans Receivable	30,461	31,470
Nonaccrual Loans	3,689	4,464
Commercial Real Estate Other Receivable [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	245	493
60-89 Days Past Due	473	283
90 + Days Past Due	2,448	2,023
Total Past Due	3,166	2,799
Current	77,388	79,583
Total Loans Receivable	80,554	82,382
Nonaccrual Loans	2,463	2,643
Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	1,834	2,576
60-89 Days Past Due	326	372
90 + Days Past Due	1,460	2,810
Total Past Due	3,620	5,758
Current	77,117	78,810
Total Loans Receivable	80,737	84,568	82,839
Nonaccrual Loans	2,345	3,917
Consumer Other Financing Receivable [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	86	101
60-89 Days Past Due		2
90 + Days Past Due	3
Total Past Due	89	103
Current	5,173	5,449
Total Loans Receivable	5,262	5,552
Nonaccrual Loans	3
Revolving Credit Facilities [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due		4
60-89 Days Past Due	2	4
90 + Days Past Due		1
Total Past Due	2	9
Current	641	668
Total Loans Receivable	643	677
Nonaccrual Loans		$4

LOAN_PORTFOLIO_Details_4

LOAN PORTFOLIO (Details 4) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014
In Thousands, unless otherwise specified
Total loans	$229,836	$235,543	$255,093
Grade 9 - Loss [Member]
Total loans
Grade 8 - Doubtful [Member]
Total loans
Grade 7 - Substandard [Member]
Total loans	41,977	45,660
Grade 6 - Special Mention [Member]
Total loans	8,761	9,319
Grade 5 - Watch [Member]
Total loans	23,986	23,869
Grade 4 - Satisfactory [Member]
Total loans	136,857	137,589
Grade 3 - Average [Member]
Total loans	13,430	14,330
Grade 2 - Modest [Member]
Total loans	2,818	3,152
Grade 1 - Minimal [Member]
Total loans	2,007	1,624
Residential Portfolio Segment [Member]
Total loans	80,737	84,568	82,839
Residential Portfolio Segment [Member] | Grade 9 - Loss [Member]
Total loans
Residential Portfolio Segment [Member] | Grade 8 - Doubtful [Member]
Total loans
Residential Portfolio Segment [Member] | Grade 7 - Substandard [Member]
Total loans	12,126	13,464
Residential Portfolio Segment [Member] | Grade 6 - Special Mention [Member]
Total loans	3,340	3,747
Residential Portfolio Segment [Member] | Grade 5 - Watch [Member]
Total loans	4,885	4,695
Residential Portfolio Segment [Member] | Grade 4 - Satisfactory [Member]
Total loans	54,545	56,758
Residential Portfolio Segment [Member] | Grade 3 - Average [Member]
Total loans	4,690	4,688
Residential Portfolio Segment [Member] | Grade 2 - Modest [Member]
Total loans	1,151	1,216
Residential Portfolio Segment [Member] | Grade 1 - Minimal [Member]
Total loans
Commercial Real Estate Portfolio Segment [Member]
Total loans	111,015	113,852	130,302
Commercial Real Estate Portfolio Segment [Member] | Grade 9 - Loss [Member]
Total loans
Commercial Real Estate Portfolio Segment [Member] | Grade 8 - Doubtful [Member]
Total loans
Commercial Real Estate Portfolio Segment [Member] | Grade 7 - Substandard [Member]
Total loans	25,969	27,679
Commercial Real Estate Portfolio Segment [Member] | Grade 6 - Special Mention [Member]
Total loans	4,086	4,249
Commercial Real Estate Portfolio Segment [Member] | Grade 5 - Watch [Member]
Total loans	16,013	16,091
Commercial Real Estate Portfolio Segment [Member] | Grade 4 - Satisfactory [Member]
Total loans	59,839	59,536
Commercial Real Estate Portfolio Segment [Member] | Grade 3 - Average [Member]
Total loans	4,438	5,618
Commercial Real Estate Portfolio Segment [Member] | Grade 2 - Modest [Member]
Total loans	670	679
Commercial Real Estate Portfolio Segment [Member] | Grade 1 - Minimal [Member]
Total loans
Commercial Loan [Member]
Total loans	32,179	30,894	34,371
Commercial Loan [Member] | Grade 9 - Loss [Member]
Total loans
Commercial Loan [Member] | Grade 8 - Doubtful [Member]
Total loans
Commercial Loan [Member] | Grade 7 - Substandard [Member]
Total loans	3,713	4,306
Commercial Loan [Member] | Grade 6 - Special Mention [Member]
Total loans	1,211	1,191
Commercial Loan [Member] | Grade 5 - Watch [Member]
Total loans	2,919	2,905
Commercial Loan [Member] | Grade 4 - Satisfactory [Member]
Total loans	17,886	16,367
Commercial Loan [Member] | Grade 3 - Average [Member]
Total loans	4,136	3,868
Commercial Loan [Member] | Grade 2 - Modest [Member]
Total loans	905	1,164
Commercial Loan [Member] | Grade 1 - Minimal [Member]
Total loans	1,409	1,093
Consumer Loan [Member]
Total loans	5,905	6,229	7,581
Consumer Loan [Member] | Grade 9 - Loss [Member]
Total loans
Consumer Loan [Member] | Grade 8 - Doubtful [Member]
Total loans
Consumer Loan [Member] | Grade 7 - Substandard [Member]
Total loans	169	211
Consumer Loan [Member] | Grade 6 - Special Mention [Member]
Total loans	124	132
Consumer Loan [Member] | Grade 5 - Watch [Member]
Total loans	169	178
Consumer Loan [Member] | Grade 4 - Satisfactory [Member]
Total loans	4,587	4,928
Consumer Loan [Member] | Grade 3 - Average [Member]
Total loans	166	156
Consumer Loan [Member] | Grade 2 - Modest [Member]
Total loans	92	93
Consumer Loan [Member] | Grade 1 - Minimal [Member]
Total loans	$598	$531

LOAN_PORTFOLIO_Details_Narrati

LOAN PORTFOLIO (Details Narrative) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014
Total loans	$229,836	$235,543	$255,093
Classified loans	42,000
Classified loans collateralized by real estate	38,100
Recorded investment in impaired loans	38,941	41,383
TDR impaired loans	32,469	33,166
Pass [Member]
Total loans	155,100
Concentration of Loan (as a percentage)	67.50%
Watch And Special Mention [Member]
Total loans	32,700
Financial Receivable Modifications Performing [Member]
TDR impaired loans	$28,731	$28,153

LOAN_PORTFOLIO_Details_5

LOAN PORTFOLIO (Details 5) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Recorded-Investment	$24,104	$26,990
Unpaid Principal Balance	29,338	33,679
Average Recorded Investment	24,290	31,309
Interest Income Recognized	199	1,433
Recorded-Investment	14,837	14,393
Unpaid Principal Balance	15,942	14,597
Related Allowance	1,670	1,907
Average Recorded Investment	14,886	14,691
Interest Income Recognized	139	642
Recorded-Investment	38,941	41,383
Unpaid Principal Balance	45,280	48,276
Average Recorded Investment	39,176	46,000
Interest Income Recognized	338	2,075
Commercial Loan [Member]
Recorded-Investment	1,159	1,852
Unpaid Principal Balance	1,356	2,678
Average Recorded Investment	1,192	2,649
Interest Income Recognized	14	79
Recorded-Investment	1,939	1,792
Unpaid Principal Balance	1,939	1,792
Related Allowance	149	151
Average Recorded Investment	1,954	1,892
Interest Income Recognized	22	81
Recorded-Investment	3,098	3,644
Unpaid Principal Balance	3,295	4,470
Average Recorded Investment	3,146	4,541
Interest Income Recognized	36	160
Commercial Real Estate Portfolio Segment [Member]
Recorded-Investment	18,449	19,156
Unpaid Principal Balance	22,830	24,441
Average Recorded Investment	18,546	22,377
Interest Income Recognized	153	1,083
Recorded-Investment	6,649	5,990
Unpaid Principal Balance	7,754	6,194
Related Allowance	777	1,008
Average Recorded Investment	6,666	6,143
Interest Income Recognized	53	282
Recorded-Investment	25,098	25,146
Unpaid Principal Balance	30,584	30,635
Average Recorded Investment	25,212	28,520
Interest Income Recognized	206	1,365
Residential Portfolio Segment [Member]
Recorded-Investment	4,431	5,950
Unpaid Principal Balance	5,053	6,528
Average Recorded Investment	4,464	6,249
Interest Income Recognized	31	268
Recorded-Investment	6,192	6,468
Unpaid Principal Balance	6,192	6,468
Related Allowance	735	737
Average Recorded Investment	6,208	6,506
Interest Income Recognized	63	271
Recorded-Investment	10,623	12,418
Unpaid Principal Balance	11,245	12,996
Average Recorded Investment	10,672	12,755
Interest Income Recognized	94	539
Consumer Loan [Member]
Recorded-Investment	65	32
Unpaid Principal Balance	99	32
Average Recorded Investment	88	34
Interest Income Recognized	1	3
Recorded-Investment	57	143
Unpaid Principal Balance	57	143
Related Allowance	9	11
Average Recorded Investment	58	150
Interest Income Recognized	1	8
Recorded-Investment	122	175
Unpaid Principal Balance	156	175
Average Recorded Investment	146	184
Interest Income Recognized	$2	$11

LOAN_PORTFOLIO_Details_6

LOAN PORTFOLIO (Details 6) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Financing Receivable, Modifications [Line Items]
Restructured debt balances	$32,469	$33,166
Financial Receivable Modifications Nonperforming [Member]
Financing Receivable, Modifications [Line Items]
Restructured debt balances	3,738	5,013
Financial Receivable Modifications Performing [Member]
Financing Receivable, Modifications [Line Items]
Restructured debt balances	28,731	28,153
Commercial Loan [Member] | Financial Receivable Modifications Performing [Member]
Financing Receivable, Modifications [Line Items]
Restructured debt balances	2,972	2,942
Commercial Real Estate [Member] | Financial Receivable Modifications Performing [Member]
Financing Receivable, Modifications [Line Items]
Restructured debt balances	18,517	17,499
Residential Portfolio Segment [Member] | Financial Receivable Modifications Performing [Member]
Financing Receivable, Modifications [Line Items]
Restructured debt balances	7,120	7,537
Consumer Loan [Member] | Financial Receivable Modifications Performing [Member]
Financing Receivable, Modifications [Line Items]
Restructured debt balances	$122	$175

LOAN_PORTFOLIO_Details_7

LOAN PORTFOLIO (Details 7) (Troubled Debt Restructuring [Member], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015		Mar. 31, 2014
	Number		Number
Tdrs That Are In Compliance With Terms Of Agreement [Member]
Number of contracts	4		4
Pre- Modification Outstanding Recorded Investment	$324		$206
Post-Modification Outstanding Recorded Investment	324		208
Tdrs That Are Subsequently Defaulted [Member]
Number of contracts	2	[1]		[1]
Pre- Modification Outstanding Recorded Investment	326	[1]		[1]
Post-Modification Outstanding Recorded Investment	326	[1]		[1]
Commercial Loan [Member] | Tdrs That Are In Compliance With Terms Of Agreement [Member]
Number of contracts	1
Pre- Modification Outstanding Recorded Investment	63
Post-Modification Outstanding Recorded Investment	63
Commercial Loan [Member] | Tdrs That Are Subsequently Defaulted [Member]
Number of contracts	1	[1]
Pre- Modification Outstanding Recorded Investment	30	[1]
Post-Modification Outstanding Recorded Investment	30	[1]
Commercial Real Estate [Member] | Tdrs That Are In Compliance With Terms Of Agreement [Member]
Number of contracts	1		3
Pre- Modification Outstanding Recorded Investment	172		177
Post-Modification Outstanding Recorded Investment	172		177
Commercial Real Estate [Member] | Tdrs That Are Subsequently Defaulted [Member]
Number of contracts		[1]		[1]
Pre- Modification Outstanding Recorded Investment		[1]		[1]
Post-Modification Outstanding Recorded Investment		[1]		[1]
Residential Portfolio Segment [Member] | Tdrs That Are In Compliance With Terms Of Agreement [Member]
Number of contracts	2		1
Pre- Modification Outstanding Recorded Investment	89		29
Post-Modification Outstanding Recorded Investment	89		31
Residential Portfolio Segment [Member] | Tdrs That Are Subsequently Defaulted [Member]
Number of contracts	1	[1]		[1]
Pre- Modification Outstanding Recorded Investment	296	[1]		[1]
Post-Modification Outstanding Recorded Investment	$296	[1]		[1]
[1]	Loans past due 90 days or more are considered to be in default.

LOAN_PORTFOLIO_Details_8

LOAN PORTFOLIO (Details 8) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Commitments To Extend Credit [Member]
Off-Balance Sheet Financial Instruments:
Notional Amount	$29,559	$20,017
Standby Letters Of Credit [Member]
Off-Balance Sheet Financial Instruments:
Notional Amount	$247	$247

OTHER_REAL_ESTATE_OWNED_Detail

OTHER REAL ESTATE OWNED (Details) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Other Real Estate [Abstract]
Balance, beginning of year	$19,501	$24,972
Additions	1,790	2,183
Sales	-2,734	-7,337
Write-downs	3	-317
Balance, end of period	$18,560	$19,501

ADVANCES_FROM_THE_FEDERAL_HOME2

ADVANCES FROM THE FEDERAL HOME LOAN BANK (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Loan Balance	$17,000	$17,000
Convertible Advance 2018-09-04 [Member]
Interest Rate	3.60%
Maturity Date	4-Sep-18
Loan Balance	2,000
Convertible Advance 2018-09-10 [Member]
Interest Rate	3.45%
Maturity Date	10-Sep-18
Loan Balance	5,000
Convertible Advance 2018-09-18 [Member]
Interest Rate	2.95%
Maturity Date	18-Sep-18
Loan Balance	5,000
Convertible Advance 2019-08-20 [Member]
Interest Rate	3.86%
Maturity Date	20-Aug-19
Loan Balance	$5,000

ADVANCES_FROM_THE_FEDERAL_HOME3

ADVANCES FROM THE FEDERAL HOME LOAN BANK (Details Narrative) (USD $)	Dec. 31, 2019	Dec. 31, 2018	Mar. 31, 2015
In Thousands, unless otherwise specified
Federal Home Loan Bank Stock			$1,100
Excess borrowing capacity with FHLB			11,200
Scheduled principal reductions	5,000	12,000
One To Four Family Residential Properties [Member]
First mortgage loans pledged as collateral			536
Commercial Real Estate [Member]
First mortgage loans pledged as collateral			3,600
Home Equity Lines Of Credit [Member]
First mortgage loans pledged as collateral			4,700
Multifamily [Member]
First mortgage loans pledged as collateral			45
Mortgage Backed Securities [Member]
First mortgage loans pledged as collateral			$21,300

JUNIOR_SUBORDINATED_DEBENTURES1

JUNIOR SUBORDINATED DEBENTURES (Details Narrative) (USD $)	3 Months Ended		0 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 21, 2004
Junior Subordinated Debt [Member]
Subordinated Borrowing [Line Items]
Debt issuance costs net of accumulated amortization	$72
Amortization of debt issuance costs	1	1
Deferred interest payments	759
Hcsb Financial Trust I [Member]
Subordinated Borrowing [Line Items]
Proceeds from Preferred securities issued and sold			6,000
Initial proceed from capital investment in trust			186
Funds due to trust			$6,200

SUBORDINATED_DEBENTURES_Detail

SUBORDINATED DEBENTURES (Details Narrative) (USD $)	1 Months Ended
In Thousands, unless otherwise specified	Jul. 30, 2010	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2013
Subordinated Borrowings [Abstract]
Subordinated debentures	$12,100	$11,062	$11,062
Subordinated borrowing terms and conditions	Interest at a rate equal to the current Prime Rate in effect, as published by the Wall Street Journal, plus 3%
Subordinated promissory note current Prime Rate margin	3.00%
Subordinated promissory note interest rate floor	8.00%
Subordinated promissory note interest rate ceiling	12.00%
Deferred interest on subordinated debt		4,000
Subordinated debt cancelled				$1,000

SHAREHOLDERS_EQUITY_Details_Na

SHAREHOLDERS' EQUITY (Details Narrative) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Mar. 06, 2009
	Number
Fixed Rate Cumulative Perpetual Preferred Stock, Series T, shares issued to U.S. Treasury	12,895		12,895
Approximate quarterly interest payments on trust preferred securities	$290	$161
Accrued dividend payments due on Series T Preferred Stock	3,300
Number of accrued dividend payments due on Series T Preferred Stock when holders have right to elect directors	17
Number of directors shareholders have right to elect	2
Series T Preferred Stock [Member]
Fixed Rate Cumulative Perpetual Preferred Stock, Series T, shares issued to U.S. Treasury				12,895
Fixed Rate Cumulative Perpetual Preferred Stock, Series T, Liquidation preference (per share)				$1,000
Dividend Rate for first five years	5.00%
Dividend Rate after first five years	9.00%
Aggregate purchase price of Fixed Rate Cumulative Perpetual Preferred Stock, Series T				$12,900
Capital Purchase Program Warrant [Member]
Maximum number of common stock shares purchased under ten-year warrant	91,714
Common stock, initial exercise price	$21.09

SHAREHOLDERS_EQUITY_Details

SHAREHOLDERS' EQUITY (Details) (USD $)	Mar. 31, 2015		Dec. 31, 2014
In Thousands, unless otherwise specified
The Company [Member]
Total capital (to risk weighted assets)
Actual Amount	($10,200)		($10,402)
Actual Ratio (as a percent)	-3.80%		-3.61%
For Capital Adequacy Purposes Amount	21,476		23,031
For Capital Adequacy Purposes Ratio (as a percent)	8.00%		8.00%
Tier I capital (to risk weighted assets)
Actual Amount	-10,200		-10,402
Actual Ratio (as a percent)	-3.80%		-3.61%
For Capital Adequacy Purposes Amount	10,738		11,516
For Capital Adequacy Purposes Ratio (as a percent)	4.00%		4.00%
Tier I capital (to average assets)
Actual Amount	-10,200		-10,402
Actual Ratio (as a percent)	-2.38%		-2.36%
For Capital Adequacy Purposes Amount	17,167		17,614
For Capital Adequacy Purposes Ratio (as a percent)	4.00%		4.00%
The Bank [Member]
Total capital (to risk weighted assets)
Actual Amount	14,859		14,533
Actual Ratio (as a percent)	5.54%		5.05%
For Capital Adequacy Purposes Amount	21,451		23,008
For Capital Adequacy Purposes Ratio (as a percent)	8.00%		8.00%
Minimum To Be Well-Capitalized Under Prompt Corrective Action Provisions Amount	26,814		28,760
Minimum To Be Well-Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)	10.00%		10.00%
Tier I capital (to risk weighted assets)
Actual Amount	11,482		10,911
Actual Ratio (as a percent)	4.28%		3.79%
For Capital Adequacy Purposes Amount	16,089		11,504
For Capital Adequacy Purposes Ratio (as a percent)	6.00%		4.00%
Minimum To Be Well-Capitalized Under Prompt Corrective Action Provisions Amount		[1]		[1]
Minimum To Be Well-Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)		[1]		[1]
Tier I capital (to average assets)
Actual Amount	11,482		10,911
Actual Ratio (as a percent)	2.74%		2.53%
For Capital Adequacy Purposes Amount	16,751		17,255
For Capital Adequacy Purposes Ratio (as a percent)	4.00%		4.00%
Minimum To Be Well-Capitalized Under Prompt Corrective Action Provisions Amount	33,502		34,510
Minimum To Be Well-Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)	8.00%		8.00%
Common Equity Tier 1 Capital
Actual Amount	11,482
Actual Ratio (as a percent)	4.28%
For Capital Adequacy Purposes Amount	$12,066
For Capital Adequacy Purposes Ratio (as a percent)	4.50%
[1]	Minimum capital amounts and ratios presented as of March 31, 2015 and December 31, 2014, are amounts to be well-capitalized under the various regulatory capital requirements administered by the FDIC. On February 10, 2011, the Bank became subject to a regulatory Consent Order with the FDIC. Minimum capital amounts and ratios presented for the Bank as of March 31, 2015 and December 31, 2014, are the minimum levels set forth in the Consent Order. No minimum Tier 1 capital to risk-weighted assets ratio was specified in the Consent Order. Regardless of the Bank's capital ratios, it is unable to be classified as "well-capitalized" while it is operating under the Consent Order with the FDIC.

INCOME_LOSS_PER_SHARE_Details

INCOME (LOSS) PER SHARE (Details) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Basic loss per common share:
Net loss available to common shareholders	($95)	$95
Weighted average common shares outstanding - basic	3,816,340	3,738,337
Basic loss per common share	($0.02)	$0.03
Diluted loss per common share:
Net loss available to common shareholders	-95	95
Weighted average common shares outstanding - basic	3,816,340	3,738,337
Incremental shares from assumed conversion of stock options and restricted stock awards
Average common shares outstanding - diluted	3,816,340	3,738,337
Diluted loss per common share	($0.02)	$0.03
Antidilutive stock options excluded from computation of earnings per share (in shares)	91,714	91,714

FAIR_VALUE_Details

FAIR VALUE (Details) (USD $)	Mar. 31, 2015		Dec. 31, 2014
In Thousands, unless otherwise specified
Financial Assets:
Securities available-for-sale	$96,741		$106,674
Commitments To Extend Credit [Member]
Off-Balance Sheet Financial Instruments:
Notional Amount	29,559		20,017
Standby Letters Of Credit [Member]
Off-Balance Sheet Financial Instruments:
Notional Amount	247		247
Carrying Reported Amount Fair Value Disclosure [Member]
Financial Assets:
Cash and cash equivalents	49,571		28,527
Securities available-for-sale	96,741		106,674
Nonmarketable equity securities	1,330		1,342
Loans held for sale	298
Loans, net	224,447		229,756
Financial Liabilities:
Demand deposit, interest-bearing transaction, and savings accounts	182,199		170,538
Certificates of deposit	212,403		220,799
Repurchase agreements	990		1,612
Advances from the Federal Home Loan Bank	17,000		17,000
Subordinated debentures	11,062		11,062
Junior subordinated debentures	6,186		6,186
Estimate Of Fair Value Fair Value Disclosure [Member]
Financial Assets:
Cash and cash equivalents	49,571		28,527
Securities available-for-sale	96,741		106,674
Nonmarketable equity securities	1,330		1,342
Loans held for sale	298
Loans, net	224,804		230,038
Financial Liabilities:
Demand deposit, interest-bearing transaction, and savings accounts	182,199		170,538
Certificates of deposit	214,282		222,789
Repurchase agreements	990		1,612
Advances from the Federal Home Loan Bank	17,129		17,136
Subordinated debentures		[1]		[1]
Junior subordinated debentures		[1]		[1]
Fair Value Inputs Level1 [Member]
Financial Assets:
Cash and cash equivalents	49,571		28,527
Securities available-for-sale
Nonmarketable equity securities
Loans held for sale
Loans, net
Financial Liabilities:
Demand deposit, interest-bearing transaction, and savings accounts	182,199		170,538
Certificates of deposit
Repurchase agreements
Advances from the Federal Home Loan Bank
Subordinated debentures
Junior subordinated debentures
Fair Value Inputs Level2 [Member]
Financial Assets:
Cash and cash equivalents
Securities available-for-sale	96,741		106,674
Nonmarketable equity securities
Loans held for sale
Loans, net
Financial Liabilities:
Demand deposit, interest-bearing transaction, and savings accounts
Certificates of deposit	214,282		222,789
Repurchase agreements	990		1,612
Advances from the Federal Home Loan Bank	17,129		17,136
Subordinated debentures
Junior subordinated debentures
Fair Value Inputs Level3 [Member]
Financial Assets:
Cash and cash equivalents
Securities available-for-sale
Nonmarketable equity securities	1,330		1,342
Loans held for sale	298
Loans, net	224,804		230,038
Financial Liabilities:
Demand deposit, interest-bearing transaction, and savings accounts
Certificates of deposit
Repurchase agreements
Advances from the Federal Home Loan Bank
Subordinated debentures
Junior subordinated debentures
[1]	The Company is unable to determine this value.

FAIR_VALUE_Details_2

FAIR VALUE (Details 2) (Fair Value Measurements Recurring [Member], USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Assets and liabilities fair value disclosure	$96,741	$106,674
Government Sponsored Enterprises Debt Securities [Member]
Assets and liabilities fair value disclosure	38,637	40,082
Mortgage Backed Securities [Member]
Assets and liabilities fair value disclosure	56,846	65,348
Obligations of state and local governments [Member]
Assets and liabilities fair value disclosure	1,258	1,244
Fair Value Inputs Level1 [Member]
Assets and liabilities fair value disclosure
Fair Value Inputs Level1 [Member] | Government Sponsored Enterprises Debt Securities [Member]
Assets and liabilities fair value disclosure
Fair Value Inputs Level1 [Member] | Mortgage Backed Securities [Member]
Assets and liabilities fair value disclosure
Fair Value Inputs Level1 [Member] | Obligations of state and local governments [Member]
Assets and liabilities fair value disclosure
Fair Value Inputs Level2 [Member]
Assets and liabilities fair value disclosure	96,741	106,674
Fair Value Inputs Level2 [Member] | Government Sponsored Enterprises Debt Securities [Member]
Assets and liabilities fair value disclosure	38,637	40,082
Fair Value Inputs Level2 [Member] | Mortgage Backed Securities [Member]
Assets and liabilities fair value disclosure	56,846	65,348
Fair Value Inputs Level2 [Member] | Obligations of state and local governments [Member]
Assets and liabilities fair value disclosure	1,258	1,244
Fair Value Inputs Level3 [Member]
Assets and liabilities fair value disclosure
Fair Value Inputs Level3 [Member] | Government Sponsored Enterprises Debt Securities [Member]
Assets and liabilities fair value disclosure
Fair Value Inputs Level3 [Member] | Mortgage Backed Securities [Member]
Assets and liabilities fair value disclosure
Fair Value Inputs Level3 [Member] | Obligations of state and local governments [Member]
Assets and liabilities fair value disclosure

FAIR_VALUE_Details_3

FAIR VALUE (Details 3) (Fair Value Measurements Nonrecurring [Member], USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Fair value of assets	$55,831	$58,977
Impaired Loans [Member]
Fair value of assets	37,271	39,476
Other Real Estate Owned [Member]
Fair value of assets	18,560	19,501
Fair Value Inputs Level3 [Member]
Fair value of assets	55,831	58,977
Fair Value Inputs Level3 [Member] | Impaired Loans [Member]
Fair value of assets	37,271	39,476
Fair Value Inputs Level3 [Member] | Other Real Estate Owned [Member]
Fair value of assets	$18,560	$19,501

FAIR_VALUE_Details_4

FAIR VALUE (Details 4) (Fair Value Inputs Level3 [Member], USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Other Real Estate Owned [Member]
Quantitative Information For Financial Instruments Measured At Fair Value On A Non-Recurring Basis [Line Items]
Valuation Techniques	Appraised Value/ Discounted Cash Flows	Appraised Value/ Discounted Cash Flows
Unobservable Inputs	Appraisals and/or sales of comparable properties/ Independent quotes	Appraisals and/or sales of comparable properties/ Independent quotes
Range (Weighted Avg)	6.27%	6.27%
Fair value on a non-recurring basis	$18,560	$19,501
Minimum [Member] | Other Real Estate Owned [Member]
Quantitative Information For Financial Instruments Measured At Fair Value On A Non-Recurring Basis [Line Items]
Range	0.00%	0.00%
Maximum [Member] | Other Real Estate Owned [Member]
Quantitative Information For Financial Instruments Measured At Fair Value On A Non-Recurring Basis [Line Items]
Range	50.00%	50.00%
Commercial Loan [Member] | Impaired Loans [Member]
Quantitative Information For Financial Instruments Measured At Fair Value On A Non-Recurring Basis [Line Items]
Fair value on a non-recurring basis	2,949	3,493
Valuation Techniques	Appraised Value/ Discounted Cash Flows	Appraised Value/ Discounted Cash Flows
Unobservable Inputs	Appraisals and/or sales of comparable properties/ Independent quotes	Appraisals and/or sales of comparable properties/ Independent quotes
Range (Weighted Avg)	7.81%	14.41%
Commercial Loan [Member] | Minimum [Member] | Impaired Loans [Member]
Quantitative Information For Financial Instruments Measured At Fair Value On A Non-Recurring Basis [Line Items]
Range	0.00%	0.00%
Commercial Loan [Member] | Maximum [Member] | Impaired Loans [Member]
Quantitative Information For Financial Instruments Measured At Fair Value On A Non-Recurring Basis [Line Items]
Range	74.63%	75.06%
Commercial Real Estate [Member] | Impaired Loans [Member]
Quantitative Information For Financial Instruments Measured At Fair Value On A Non-Recurring Basis [Line Items]
Fair value on a non-recurring basis	24,321	24,138
Valuation Techniques	Appraised Value/ Discounted Cash Flows	Appraised Value/ Discounted Cash Flows
Unobservable Inputs	Appraisals and/or sales of comparable properties/ Independent quotes	Appraisals and/or sales of comparable properties/ Independent quotes
Range (Weighted Avg)	12.61%	14.77%
Commercial Real Estate [Member] | Minimum [Member] | Impaired Loans [Member]
Quantitative Information For Financial Instruments Measured At Fair Value On A Non-Recurring Basis [Line Items]
Range	0.00%	0.00%
Commercial Real Estate [Member] | Maximum [Member] | Impaired Loans [Member]
Quantitative Information For Financial Instruments Measured At Fair Value On A Non-Recurring Basis [Line Items]
Range	81.75%	84.15%
Residential Portfolio Segment [Member] | Impaired Loans [Member]
Quantitative Information For Financial Instruments Measured At Fair Value On A Non-Recurring Basis [Line Items]
Fair value on a non-recurring basis	9,888	11,681
Valuation Techniques	Appraised Value/ Discounted Cash Flows	Appraised Value/ Discounted Cash Flows
Unobservable Inputs	Appraisals and/or sales of comparable properties/ Independent quotes	Appraisals and/or sales of comparable properties/ Independent quotes
Range (Weighted Avg)	25.30%	49.91%
Residential Portfolio Segment [Member] | Minimum [Member] | Impaired Loans [Member]
Quantitative Information For Financial Instruments Measured At Fair Value On A Non-Recurring Basis [Line Items]
Range	0.00%	0.00%
Residential Portfolio Segment [Member] | Maximum [Member] | Impaired Loans [Member]
Quantitative Information For Financial Instruments Measured At Fair Value On A Non-Recurring Basis [Line Items]
Range	100.00%	92.12%
Consumer Loan [Member] | Impaired Loans [Member]
Quantitative Information For Financial Instruments Measured At Fair Value On A Non-Recurring Basis [Line Items]
Fair value on a non-recurring basis	$113	$164
Valuation Techniques	Appraised Value/ Discounted Cash Flows	Appraised Value/ Discounted Cash Flows
Unobservable Inputs	Appraisals and/or sales of comparable properties/ Independent quotes	Appraisals and/or sales of comparable properties/ Independent quotes
Range (Weighted Avg)	14.73%	6.20%
Consumer Loan [Member] | Minimum [Member] | Impaired Loans [Member]
Quantitative Information For Financial Instruments Measured At Fair Value On A Non-Recurring Basis [Line Items]
Range	0.00%	0.00%
Consumer Loan [Member] | Maximum [Member] | Impaired Loans [Member]
Quantitative Information For Financial Instruments Measured At Fair Value On A Non-Recurring Basis [Line Items]
Range	75.58%	35.41%

BRANCH_SALE_Details_Narrative

BRANCH SALE (Details Narrative) (Sandhills Bank [Member], USD $)	Mar. 24, 2015
In Thousands, unless otherwise specified
Percentage of deposit premium	2.50%
Socastee, Windy Hill [Member]
Total deposits	41,000
Carolina Forest Branches [Member]
Total deposits	7,000