Select Bancorp (SLCT) 10-Q 11 Aug 14 2014 Q2 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	6 Months Ended
	Jun. 30, 2014	Aug. 01, 2014
Document Information [Line Items]	'	'
Entity Registrant Name	'SELECT BANCORP, INC.	'
Entity Central Index Key	'0001263762	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Smaller Reporting Company	'
Trading Symbol	'SLCT	'
Entity Common Stock, Shares Outstanding	'	11,347,668
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Jun-14	'
Document Fiscal Period Focus	'Q2	'
Document Fiscal Year Focus	'2014	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
ASSETS	'	'
Cash and due from banks	$23,678	$20,151	[1]
Interest-earning deposits in other banks	46,740	49,690	[1]
Federal funds sold	3,028	3,028	[1]
Investment securities available for sale, at fair value	79,904	83,836	[1]
Loans	333,868	346,500	[1]
Allowance for loan losses	-6,447	-7,054	[1]
NET LOANS	327,421	339,446	[1]
Accrued interest receivable	1,466	1,650	[1]
Stock in Federal Home Loan Bank of Atlanta (“FHLB”), at cost	562	796	[1]
Other non marketable securities	1,041	1,055	[1]
Foreclosed real estate	1,169	2,008	[1]
Premises and equipment, net	10,930	10,900	[1]
Bank owned life insurance	8,578	8,463	[1]
Core deposit intangible	124	182	[1]
Other assets	3,641	4,441	[1]
TOTAL ASSETS	508,282	525,646	[1]
Deposits:	'	'
Demand	82,030	85,347	[1]
Savings	17,315	16,597	[1]
Money market and NOW	118,833	124,635	[1]
Time	210,556	221,879	[1]
TOTAL DEPOSITS	428,734	448,458	[1]
Short term debt	7,179	6,305	[1]
Long term debt	12,372	12,372	[1]
Accrued interest payable	207	225	[1]
Accrued expenses and other liabilities	2,239	2,282	[1]
TOTAL LIABILITIES	450,731	469,642	[1]
Shareholders' Equity	'	'
Preferred stock, no par value, 10,000,000 shares authorized, none outstanding	0	0	[1]
Common stock, $1 par value, 25,000,000 shares authorized; 6,931,168 and 6,921,352 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively	6,931	6,922	[1]
Additional paid-in capital	42,132	42,062	[1]
Retained earnings	8,013	7,128	[1]
Accumulated other comprehensive income (loss)	475	-108	[1]
TOTAL SHAREHOLDERS' EQUITY	57,551	56,004	[1]
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$508,282	$525,646	[1]
[1]	Derived from audited consolidated financial statements.

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Preferred stock, shares authorized	10,000,000	10,000,000
Common stock, par value (in dollars per share)	$1	$1
Common stock, shares authorized	25,000,000	25,000,000
Common stock, shares issued	6,931,168	6,921,352
Common stock, shares outstanding	6,931,168	6,921,352

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
INTEREST INCOME	'	'	'	'
Loans	$4,816	$5,543	$9,689	$10,978
Federal funds sold and interest-earning deposits in other banks	31	54	58	111
Investments	414	371	827	758
TOTAL INTEREST INCOME	5,261	5,968	10,574	11,847
INTEREST EXPENSE	'	'	'	'
Money market, NOW and savings deposits	59	118	117	239
Time deposits	959	1,154	1,934	2,362
Short term debt	7	9	13	25
Long term debt	73	74	144	147
TOTAL INTEREST EXPENSE	1,098	1,355	2,208	2,773
NET INTEREST INCOME	4,163	4,613	8,366	9,074
PROVISION FOR (RECOVERY OF) LOAN LOSSES	-427	-375	-476	-475
NET INTEREST INCOME AFTER RECOVERY OF LOAN LOSSES	4,590	4,988	8,842	9,549
NON-INTEREST INCOME	'	'	'	'
Fees from pre-sold mortgages	0	12	0	73
Service charges on deposit accounts	226	276	453	548
Other fees and income	339	467	737	752
TOTAL NON-INTEREST INCOME	565	755	1,190	1,373
NON-INTEREST EXPENSE	'	'	'	'
Personnel	2,101	1,997	4,256	4,086
Occupancy and equipment	396	372	780	701
Deposit insurance	103	61	206	209
Professional fees	310	342	593	618
Information systems	320	326	668	664
Foreclosed real estate related expense	40	67	311	190
Merger and restructuring related expenses	237	0	398	0
Other	647	591	1,394	1,210
TOTAL NON-INTEREST EXPENSE	4,154	3,756	8,606	7,678
INCOME BEFORE INCOME TAX	1,001	1,987	1,426	3,244
INCOME TAXES	388	728	541	1,192
NET INCOME	$613	$1,259	$885	$2,052
NET INCOME PER COMMON SHARE	'	'	'	'
Basic (in dollars per share)	$0.09	$0.18	$0.13	$0.30
Diluted (in dollars per share)	$0.09	$0.18	$0.13	$0.30
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	'	'	'	'
Basic (in shares)	6,923,640	6,921,352	6,922,651	6,916,233
Diluted (in shares)	6,928,428	6,922,942	6,926,318	6,917,471

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Net income	$613	$1,259	$885	$2,052
Other comprehensive income (loss):	'	'	'	'
Unrealized gain (loss) on investment securities available for sale	482	-1,171	718	-1,480
Tax effect	-180	398	-267	503
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Net of Tax	302	-773	451	-977
Reclassification adjustment for loss included in net income	65	63	211	136
Tax effect	-24	-21	-79	-46
Other Comprehensive Income (Loss), Reclassification Adjustment for Sale of Securities Included in Net Income, Net of Tax	41	42	132	90
Total	343	-731	583	-887
Total comprehensive income	$956	$528	$1,468	$1,165

CONSOLIDATED_STATEMENTS_OF_CHA

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (USD $)	Total		Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
In Thousands, except Share data
Balance at Dec. 31, 2012	$54,179		$6,914	$42,000	$4,187	$1,078
Balance (in shares) at Dec. 31, 2012	'		6,913,636	'	'	'
Net income	2,052		0	0	2,052	0
Other comprehensive income loss, net	-887		0	0	0	-887
Stock option exercises	44		8	36	0	0
Stock option exercises (in shares)	'		7,716	'	'	'
Stock based compensation	15		0	15	0	0
Balance at Jun. 30, 2013	55,403		6,922	42,051	6,239	191
Balance (in shares) at Jun. 30, 2013	'		6,921,352	'	'	'
Balance at Dec. 31, 2013	56,004	[1]	6,922	42,062	7,128	-108
Balance (in shares) at Dec. 31, 2013	'		6,921,352	'	'	'
Net income	885		0	0	885	0
Other comprehensive income loss, net	583		0	0	0	583
Stock option exercises	68		9	59	0	0
Stock option exercises (in shares)	'		9,816	'	'	'
Stock based compensation	11		0	11	0	0
Balance at Jun. 30, 2014	$57,551		$6,931	$42,132	$8,013	$475
Balance (in shares) at Jun. 30, 2014	'		6,931,168	'	'	'
[1]	Derived from audited consolidated financial statements.

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES	'	'
Net income	$885	$2,052
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Recovery of loan losses	-476	-475
Depreciation and amortization of premises and equipment	281	255
Amortization and accretion of investment securities	238	311
Amortization of deferred loan fees and costs	-152	-120
Amortization of core deposit intangible	58	58
Stock-based compensation	11	15
Increase in cash surrender value of bank owned life insurance	-115	-117
Net loss on sale and write-downs of foreclosed real estate	273	168
Net loss on investment security sales and pay-downs	211	136
Change in assets and liabilities:	'	'
Net change in accrued interest receivable	184	106
Net change in other assets	453	466
Net change in accrued expenses and other liabilities	-61	391
NET CASH PROVIDED BY OPERATING ACTIVITIES	1,790	3,246
CASH FLOWS FROM INVESTING ACTIVITIES	'	'
Redemption of FHLB stock	234	177
Redemption of non-marketable security	14	65
Purchase of investment securities available for sale	-7,445	-1,821
Maturities of investment securities available for sale	7,102	6,351
Mortgage-backed securities pay-downs	4,206	6,432
Sale of investment securities available for sale	550	0
Net change in loans outstanding	11,993	11,302
Proceeds from sale of foreclosed real estate	1,226	744
Purchases of premises and equipment	-311	-210
NET CASH PROVIDED BY INVESTING ACTIVITIES	17,569	23,040
CASH FLOWS FROM FINANCING ACTIVITIES	'	'
Net change in deposits	-19,724	-33,070
Proceeds from short-term debt	874	0
Repayments on short-term debt	0	-3,990
Proceeds from stock option exercises	68	44
NET CASH USED IN FINANCING ACTIVITIES	-18,782	-37,016
NET CHANGE IN CASH AND CASH EQUIVALENTS	577	-10,730
CASH AND CASH EQUIVALENTS, BEGINNING	72,869	113,608
CASH AND CASH EQUIVALENTS, ENDING	73,446	102,878
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION	'	'
Interest	2,226	2,813
Taxes	10	526
Non-cash transactions:	'	'
Unrealized gains (losses) on investment securities available for sale, net of tax	451	-887
Transfers from loans to foreclosed real estate	660	49
Transfers from loans held for sale to loans, at fair value	$0	$406

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	'
	NOTE A - BASIS OF PRESENTATION
	Select Bancorp, Inc. (the “Company”) is a bank holding company whose principal business activity consists of ownership of Select Bank & Trust Company (the “Bank”). The Bank is engaged in general commercial and retail banking and operates under the banking laws of North Carolina and the rules and regulations of the Federal Deposit Insurance Corporation and the North Carolina Commissioner of Banks. The Bank undergoes periodic examinations by those regulatory authorities.
	On July 25, 2014, New Century Bancorp, Inc. (“New Century”) acquired Select Bancorp, Inc., and its wholly-owned subsidiary, Select Bank & Trust Company, and assumed the name, Select Bancorp, Inc. on that date. The financial data reported here is solely the financial information of the entity formerly known as New Century. Commencing in the third quarter of 2014, consolidated financial information of the former New Century and Select entities will be reported upon the July 25, 2014 closing of the merger.
	All significant inter-company transactions and balances have been eliminated in consolidation. In management’s opinion, the financial information, which is unaudited, reflects all adjustments (consisting solely of normal recurring adjustments) necessary for a fair presentation of the financial information as of and for the three and six month periods ended June 30, 2014 and 2013, in conformity with accounting principles generally accepted in the United States of America (“GAAP”).
	The preparation of consolidated financial statements requires management to make estimates and assumptions that affect reported amounts of assets and liabilities at the date of the financial statements, as well as the amounts of income and expense during the reporting period. Actual results could differ from those estimates. Operating results for three and six month periods ended June 30, 2014 are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2014.
	The organization and business of the Company, accounting policies followed by the Company and other relevant information are contained in the notes to the financial statements filed as part of the Company’s 2013 Annual Report  for the former New Century Bancorp, Inc. on Form 10-K, filed with the Securities and Exchange Commission (“SEC”) on March 20, 2014. This quarterly report should be read in conjunction with the Annual Report.

PER_SHARE_RESULTS

PER SHARE RESULTS	6 Months Ended
	Jun. 30, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	NOTE B - PER SHARE RESULTS
	Basic net income per share is computed based upon the weighted average number of shares of common stock outstanding during the period. Diluted net income per share includes the dilutive effect of stock options outstanding during the period. At June 30, 2014 and 2013 there were 91,183 and 308,909 anti-dilutive options outstanding, respectively.
		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2014		2013		2014		2013
	Weighted average shares used for basic net income per share		6,923,640		6,921,352		6,922,651		6,916,233
	Effect of dilutive stock options		4,788		1,590		3,667		1,238
	Weighted average shares used for diluted net income per share		6,928,428		6,922,942		6,926,318		6,917,471

RECENT_ACCOUNTING_PRONOUNCEMEN

RECENT ACCOUNTING PRONOUNCEMENTS	6 Months Ended
	Jun. 30, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]	'
Description of New Accounting Pronouncements Not yet Adopted [Text Block]	'
	NOTE C - RECENT ACCOUNTING PRONOUNCEMENTS
	The following summarizes recent accounting pronouncements and their expected impact on the Company:
	Accounting Standards Update (“ASU”) 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. This guidance is the culmination of the Financial Accounting Standards Board’s (“FASB”) deliberation on reporting reclassification adjustments from accumulated other comprehensive income (“AOCI”). The amendments in ASU 2013-02 do not change the current requirements for reporting net income or other comprehensive income. However, the amendments require disclosure of the amounts reclassified out of the AOCI in its entirety, by component, on the face of the statement of operations or in the notes thereto. Amounts that are not required to be reclassified in their entirety to net income must be cross-referenced to other disclosures that provide additional detail. The standard is effective prospectively for annual and interim reporting periods beginning after December 15, 2012. The Company has adopted the standard and the adoption of ASU 2013-02 did not have any impact on the Company’s financial condition, results of operations, or cash flows, but did result in additional disclosures in Note H.
	ASU 2014-04, Troubled Debt Restructurings by Creditors (Subtopic 310-40): "Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure." This pronouncement clarifies the criteria for concluding that an in substance repossession or foreclosure has occurred, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan. The amendments also outline interim and annual disclosure requirements. The amendments will be effective for the Company for interim and annual reporting periods beginning after December 15, 2014. Companies are allowed to use either a modified retrospective transition method or a prospective transition method when adopting this update. Early adoption is 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 FASB or other standards-setting bodies are not expected to have a material impact on the Company’s consolidated financial position, results of operations and cash flows.
	From time to time, the FASB issues exposure drafts for proposed statements of financial accounting standards. Such exposure drafts are subject to comment from the public, to revisions by the FASB and to final issuance by the FASB as statements of financial accounting standards. Management considers the effect of the proposed statements on the consolidated financial statements of the Company and monitors the status of changes to and proposed effective dates of exposure drafts.

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
	Jun. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	NOTE D - FAIR VALUE MEASUREMENTS
	Accounting Standards Codification (“ASC”) 820 defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. ASC 820 does not require any new fair value measurements, but clarifies and standardizes some divergent practices that have emerged since prior guidance was issued. ASC 820 creates a three-level hierarchy under which individual fair value estimates are to be ranked based on the relative reliability of the inputs used in the valuation.
	Fair value estimates are made at a specific moment in time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument.
	Because no active market readily exists for a portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and 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.
	The following methods and assumptions were used to estimate the fair value of each class of financial instruments for which it is practicable to estimate that value:
	Fair Value Hierarchy
	The Company groups assets and liabilities at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value. These levels are:
		⋅	Level 1 – Valuation is based upon quoted prices for identical instruments traded in active markets.
		⋅	Level 2 – Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-based valuation techniques for which all significant assumptions are observable in the market.
		⋅	Level 3 – Valuation is generated from model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of option pricing models, discounted cash flows models and similar techniques.
	The following is a description of valuation methodologies used for assets and liabilities recorded at fair value on a recurring basis.
	Investment Securities Available-for-Sale (“AFS”)
	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 U.S. government agencies, mortgage-backed securities issued by government sponsored entities, and municipal bonds. There have been no changes in valuation techniques for the six months ended June 30, 2014. Valuation techniques are consistent with techniques used in prior periods.
	The following tables summarize quantitative disclosures about the fair value measurement for each category of assets carried at fair value on a recurring basis as of June 30, 2014 and December 31, 2013 (in thousands):
	Investment securities		Fair value		Quoted Prices in		Significant		Significant
	available for sale				Active Markets		Other		Unobservable
	June 30, 2014				for Identical		Observable		Inputs (Level 3)
					Assets (Level 1)		Inputs (Level 2)
	U.S. government agencies – GSE's		$	27,159	$	-	$	27,159	$	-
	Mortgage-backed securities - GSE’s			45,199		-		45,199		-
	Municipal bonds			7,546		-		7,546		-
	Total		$	79,904	$	-	$	79,904	$	-
	Investment securities		Fair value		Quoted Prices in		Significant		Significant
	available for sale				Active Markets		Other		Unobservable
	December 31, 2013				for Identical		Observable		Inputs (Level 3)
					Assets (Level 1)		Inputs (Level 2)
	U.S. government agencies – GSE's		$	34,665	$	-	$	34,665	$	-
	Mortgage-backed securities - GSE’s			41,065		-		41,065		-
	Municipal bonds			8,106		-		8,106		-
	Total		$	83,836	$	-	$	83,836	$	-
	The following is a description of valuation methodologies used for assets recorded at fair value on a non-recurring basis.
	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 losses 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 agreement are considered impaired. Once a loan is identified as individually impaired, management measures impairment in accordance with ASC 310, “Receivables”. 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. Those impaired loans not requiring an allowance represent loans for which the fair value of the expected repayments or collateral exceed the recorded investments in such loans. At June 30, 2014 and December 31, 2013, substantially all of the total impaired loans were evaluated based on 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. When the fair value of the collateral is based on an observable market price or a current appraised value, the Company records the impaired loan as non-recurring Level 2. When an appraised value is not available or management 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 non-recurring Level 3. The significant unobservable input used in the fair value measurement of the Company’s impaired loans is the discount applied to appraised values to account for expected liquidation and selling costs. At June 30, 2014, the discounts used ranged between 5% and 40%. There were no transfers between levels from the prior reporting periods and there have been no changes in valuation techniques for the three months ended June 30, 2014.
	Foreclosed Real Estate
	Foreclosed real estate are properties recorded at the balance of the loan or an estimated fair value less estimated selling costs, whichever is less. Inputs include appraised values on the properties or recent sales activity for similar assets in the property’s market. Therefore, foreclosed real estate is classified within Level 3 of the hierarchy. The significant unobservable input used in the fair value measurement of the Company’s impaired loans is the discount applied to appraised values to account for expected liquidation and selling costs. At June 30, 2014, the discounts used ranged between 6% and 10%. There have been no changes in valuation techniques for the three months ended June 30, 2014.
	The following tables summarize quantitative disclosures about the fair value measurement for each category of assets carried at fair value on a non-recurring basis as of June 30, 2014 and December 31, 2013 (in thousands):
	Asset Category		Fair value		Quoted Prices in		Significant		Significant
	June 30, 2014				Active Markets		Other		Unobservable
					for Identical		Observable		Inputs (Level 3)
					Assets (Level 1)		Inputs (Level 2)
	Impaired loans		$	4,947	$	-	$	-	$	4,947
	Foreclosed real estate			1,169		-		-		1,169
	Total		$	2,511	$	-	$	-	$	2,511
	As of June 30, 2014, the Bank identified $14.5 million in impaired loans, of which $4.9 million were carried at fair value on a non-recurring basis which included $4.1 million in loans that required a specific reserve of $776,000, and an additional $1.6 million in other loans without specific reserves that had partial charge-offs.
	Asset Category		Fair value		Quoted Prices in		Significant		Significant
	December 31, 2013				Active Markets		Other		Unobservable
					for Identical		Observable		Inputs (Level 3)
					Assets (Level 1)		Inputs (Level 2)
	Impaired loans		$	8,477	$	-	$	-	$	8,477
	Foreclosed real estate			2,008		-		-		2,008
	Total		$	10,485	$	-	$	-	$	10,485
	As of December 31, 2013, the Bank identified $19.0 million in impaired loans, of which $9.9 million were carried at fair value on a non-recurring basis which included $7.4 million in loans that required a specific reserve of $1.1 million, and an additional $2.1 million in other loans without specific reserves that had charge-offs

FAIR_VALUE_OF_FINANCIAL_INSTRU

FAIR VALUE OF FINANCIAL INSTRUMENTS	6 Months Ended
	Jun. 30, 2014
Investments, All Other Investments [Abstract]	'
Financial Instruments Disclosure [Text Block]	'
	NOTE E – FAIR VALUE OF FINANCIAL INSTRUMENTS
	The following table presents the carrying values and estimated fair values of the Company's financial instruments at June 30, 2014 and December 31, 2013:
		June 30, 2014
		Carrying		Estimated
		Amount		Fair Value		Level 1		Level 2		Level 3
		(In thousands)
	Financial assets:
	Cash and due from banks	$	23,678	$	23,678	$	23,678	$	-	$	-
	Interest-earning deposits in other banks		46,740		46,740		46,740		-		-
	Federal funds sold		3,028		3,028		3,028		-		-
	Investment securities available for sale		79,904		79,904		-		79,904		-
	Loans, net		327,421		335,098		-		-		335,098
	Accrued interest receivable		1,466		1,466		-		-		1,466
	Stock in FHLB		562		562		-		-		562
	Other non-marketable securities		1,041		1,041		-		-		1,041
	Financial liabilities:
	Deposits	$	428,734	$	431,907	$	-	$	431,907	$	-
	Short term debt		7,179		7,179		-		7,179		-
	Long term debt		12,372		7,517		-		7,517		-
	Accrued interest payable		207		207		-		-		207
		December 31, 2013
		Carrying		Estimated
		Amount		Fair Value		Level 1		Level 2		Level 3
		(In thousands)
	Financial assets:
	Cash and due from banks	$	20,151	$	20,151	$	20,151	$	-	$	-
	Interest-earning deposits in other banks		49,690		49,690		49,690		-		-
	Federal funds sold		3,028		3,028		3,028		-		-
	Investment securities available for sale		83,836		83,836		-		83,836		-
	Loans, net		339,446		353,439		-		-		353,439
	Accrued interest receivable		1,650		1,650		-		-		1,650
	Stock in the FHLB		796		796		-		-		796
	Other non-marketable securities		1,055		1,055		-		-		1,055
	Financial liabilities:
	Deposits	$	448,458	$	452,529	$	-	$	452,529	$	-
	Short-term debt		6,305		6,305		-		6,305		-
	Long-term debt		12,372		7,517		-		7,517		-
	Accrued interest payable		225		225		-		-		225
	Cash and Due from Banks, Interest-Earning Deposits in Other Banks and Federal Funds Sold
	The carrying amounts for cash and due from banks, interest-earning deposits in other banks and federal funds sold approximate fair value because of the short maturities of those instruments.
	Investment Securities Available for Sale
	Fair value for investment securities available for sale equals quoted market price if such information is available. If a quoted market price is not available, fair value is estimated using prices quoted for similar investments or quoted market prices obtained from independent pricing services.
	Loans
	The fair value of loans is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. However, the values likely do not represent exit prices due to distressed market conditions.
	Stock in Federal Home Loan Bank of Atlanta and Other Non-marketable Securities
	The fair value for FHLB stock approximates carrying value, based on the redemption provisions of the FHLB. The fair value of stock in other non-marketable securities is assumed to approximate carrying value.
	Deposits
	The fair value of demand deposits is the amount payable on demand at the reporting date. The fair values of time deposits are estimated using the rates currently offered for instruments of similar remaining maturities.
	Short term Debt
	The fair values of short-term debt (sweep accounts that re-price daily) are based on discounting expected cash flows at the interest rate for debt with the same or similar remaining maturities and collateral requirements.
	Long term Debt
	The fair values of long-term debt are based on discounting expected cash flows at the interest rate for debt with the same or similar remaining maturities and collateral requirements.
	Accrued Interest Receivable and Accrued Interest Payable
	The carrying amounts of accrued interest receivable and payable approximate fair value because of the short maturities of these instruments.
	Financial Instruments with Off-Balance Sheet Risk
	With regard to financial instruments with off-balance sheet risk, it is not practicable to estimate the fair value of future financing commitments.

INVESTMENT_SECURITIES

INVESTMENT SECURITIES	6 Months Ended
	Jun. 30, 2014
Investments, Debt and Equity Securities [Abstract]	'
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	'
	NOTE F - INVESTMENT SECURITIES
	The amortized cost and fair value of securities available for sale, with gross unrealized gains and losses, follow:
		June 30, 2014
				Gross		Gross
		Amortized		unrealized		unrealized		Fair
		cost		gains		losses		value
		(In thousands)
	Securities available for sale:
	U.S. government agencies-GSE’s
	Within 1 year	$	9,770	$	21	$	-	$	9,791
	After 1 year but within 5 years		2,437		4		-7		2,434
	After 5 years but within 10 years		11,821		9		-308		11,522
	After 10 years		3,466		-		-54		3,412
	Mortgage-backed securities-GSE’s
	Within 1 year		46		3		-		49
	After 1 year but within 5 years		23,995		901		-		24,896
	After 5 years but within 10 years		20,326		75		-147		20,254
	Municipal bonds
	Within 1 year		577		10		-		587
	After 1 year but within 5 years		2,529		169		-		2,698
	After 5 years but within 10 years		3,369		83		-5		3,447
	After 10 years		811		9		-6		814
		$	79,147	$	1,284	$	-527	$	79,904
	As of June 30, 2014, accumulated other comprehensive income included net unrealized gains totaling $757,000. Deferred tax liabilities resulting from these unrealized gains totaled $346,000.
		December 31, 2013
				Gross		Gross
		Amortized		unrealized		unrealized		Fair
		cost		gains		losses		value
		(In thousands)
	Securities available for sale:
	U.S. government agencies-GSE’s
	Within 1 year	$	10,520	$	25	$	-	$	10,545
	After 1 year but within 5 years		8,820		17		-10		8,827
	After 5 years but within 10 years		7,376		-		-549		6,827
	After 10 years		8,524		11		-69		8,466
	Mortgage-backed securities-GSE’s
	Within 1 year		133		7		-		140
	After 1 year but within 5 years		35,352		659		-155		35,856
	After 5 years but within 10 years		5,316		-		-247		5,069
	Municipal bonds
	Within 1 year		100		1		-		101
	After 1 year but within 5 years		3,036		196		-		3,232
	After 5 years but within 10 years		3,306		30		-112		3,224
	After 10 years		1,526		54		-31		1,549
		$	84,009	$	1,000	$	-1,173	$	83,836
	As of December 31, 2013, accumulated other comprehensive loss included net unrealized losses totaling $173,000. Deferred tax assets resulting from these unrealized losses totaled $65,000.
	The following tables show investments’ gross unrealized losses and fair value, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position, at June 30, 2014 and December 31, 2013.
		June 30, 2014
		Less Than 12 Months				12 Months or More				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
		value		losses		value		losses		value		losses
		(In thousands)
	Securities available for sale:
	U.S. government agencies-GSE’s	$	9,162	$	-101	$	5,732	$	-268	$	14,894	$	-369
	Mortgage-backed securities-GSE’s		8,761		-48		4,905		-99		13,666		-147
	Municipal bonds		1,752		-3		522		-8		2,274		-11
	Total temporarily impaired securities	$	19,675	$	-152	$	11,159	$	-375	$	30,834	$	-527
	At June 30, 2014, the Company had nine AFS securities with an unrealized loss for twelve or more consecutive months. Three U.S. government agency GSE’s, four mortgage-backed GSE’s, and two municipal bonds had unrealized losses for more than twelve months totaling $375,000 at June 30, 2014. Six U.S. government agency GSE’s, five mortgage-backed GSE’s, and one municipal bond had unrealized losses for less than twelve months totaling $152,000 at June 30, 2014. All unrealized losses are attributable to the general trend of interest rates.
		December 31, 2013
		Less Than 12 Months				12 Months or More				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
		value		losses		value		losses		value		losses
		(dollars in thousands)
Securities available for sale:
U.S. government agencies – GSE’s	$	11,908	$	-239	$	3,611	$	-389	$	15,519	$	-628
Mortgage-backed securities-GSE’s		21,762		-312		1,777		-90		23,539		-402
Municipal bonds		2,719		-143		-		-		2,719		-143
Total temporarily impaired securities	$	36,389	$	-694	$	5,388	$	-479	$	41,777	$	-1,173
At December 31, 2013, the Company had three AFS securities with an unrealized loss for twelve or more consecutive months. Two U.S. government agency GSE’s and one mortgage-backed GSE had unrealized losses for more than twelve months totaling $479,000 at December 31, 2013. Eight U.S. government agency GSE’s, nineteen mortgage-backed GSE’s, and three municipal bonds had unrealized losses for less than twelve months totaling $694,000 at December 31, 2013. All unrealized losses are attributable to the general trend of interest rates.

LOANS

LOANS	6 Months Ended
	Jun. 30, 2014
Loans and Leases Receivable Disclosure [Abstract]	'
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	'
	NOTE G - LOANS
	Following is a summary of the composition of the Company’s loan portfolio at June 30, 2014 and December 31, 2013:
			June 30,					December 31,
			2014					2013
					Percent					Percent
			Amount		of total			Amount		of total
			(Dollars in thousands)
	Real estate loans:
	1 to 4 family residential		$	30,669		9.19	%	$	35,006		10.1	%
	Commercial real estate			156,971		47.02	%		169,176		48.82	%
	Multi-family residential			18,436		5.52	%		19,739		5.7	%
	Construction			60,541		18.13	%		53,325		15.39	%
	Home equity lines of credit (“HELOC”)			30,561		9.15	%		31,863		9.2	%
	Total real estate loans			297,178		89.01	%		309,109		89.21	%
	Other loans:
	Commercial and industrial			31,660		9.48	%		29,166		8.42	%
	Loans to individuals			5,504		1.65	%		8,584		2.48	%
	Overdrafts			155		0.05	%		191		0.05	%
	Total other loans			37,319		11.18	%		37,941		10.95	%
	Gross loans			334,497					347,050
	Less deferred loan origination fees, net			-629		-0.19	%		-550		-0.16	%
	Total loans			333,868		100	%		346,500		100	%
	Allowance for loan losses			-6,447					-7,054
	Total loans, net		$	327,421				$	339,446
	Loans are primarily made in southeastern North Carolina. Real estate loans can be affected by the condition of the local real estate market and by local economic conditions.
	At June 30, 2014, the Company had pre-approved but unused lines of credit for customers totaling $98.7 million. In management’s opinion, these commitments, and undisbursed proceeds on loans reflected above, represent no more than normal lending risk to the Company and will be funded from normal sources of liquidity.
	A description of the various loan products provided by the Bank is presented below.
	1-to-4 Family Residential Loans
	Residential 1-to-4 family loans are mortgage loans secured by residential real estate within the Bank’s market areas. These loans may also include loans that convert from construction loans into permanent financing and are secured by properties within the Bank’s market areas.
	Commercial Real Estate Loans
	Commercial real estate loans are underwritten based on the borrower’s ability to generate adequate cash flow to repay the subject debt within reasonable terms. Commercial real estate loans typically include both owner and non-owner occupied properties with higher principal loan amounts and the repayment of these loans is generally dependent on the successful management of the property. Commercial real estate loans are sensitive to market and general economic conditions. Repayment analysis must be performed and consists of an identified primary/cash flow source of repayment and a secondary/liquidation source of repayment. The primary source of repayment is cash flow from income generated from rental or lease of the property. However, the cash flow can be supplemented with the borrower's and guarantor's global cash flow position. Other credit issues such as the business fundamentals and financial strength of the borrower/guarantor can be considered in determining adequacy of repayment ability. The secondary source of repayment is liquidation of the collateral, supplemented by a liquidation cushion provided by the financial assets of the borrower/guarantor. Management monitors and evaluates commercial real estate loans based on collateral, market area, and risk grade.
	Multi-family Residential Loans
	Multi-family residential loans are typically non-farm properties with 5 or more dwelling units in structures which include apartment buildings used primarily to accommodate households on a more or less permanent basis. Successful performance of these types of loans is primarily dependant on occupancy rates, rental rates, and property management.
	Construction Loans
	Construction loans are non-revolving extensions of credit secured by real property of which the proceeds are used to acquire and develop land and to construct commercial or residential buildings. The primary source of repayment for these types of loans is the sale of the improved property or permanent financing in which case the property is expected to generate the cash flow necessary for repayment on a permanent loan basis. Property cash flow may be supplemented with financial support from the borrowers/guarantors. Proper underwriting of a construction loan consists of the initial process of obtaining, analyzing, and approving various aspects of information pertaining to: the analysis of the permanent financing source, creditworthiness of the borrower and guarantors, ability of contractor to perform under the terms of the contract, and the feasibility, marketability, and valuation of the project.
	Also much consideration needs to be given to the cost of the project and sources of funds needed to complete construction as well as identifying any sources of equity funding. Construction loans are traditionally considered to be higher risk loans involving technical and legal requirements inherently different from other types of loans; however with thorough credit underwriting, proper loan structure, and diligent loan servicing, these risks can often be mitigated. Some examples of risks inherent in this type of lending include: underestimated costs, inflation of material and labor costs, site difficulties (i.e. rock, soil), project not built to plans, weather delays and natural disasters, borrower/contractor/subcontractor disputes which prompt liens, and interest rates increasing beyond budget.
	Home Equity Lines of Credit
	Home equity lines of credit are consumer-purpose revolving extensions of credit which are secured by first or second liens on owner-occupied residential real estate. Appropriate risk management and compliance practices are exercised to ensure that loan-to-value, lien perfection, and compliance risks are addressed and managed within the Bank’s established guidelines. The degree of utilization of revolving commitments within this loan segment is reviewed periodically to identify changes in the behavior of this borrowing group.
	Commercial and Industrial Loans
	Commercial and industrial loans are underwritten after evaluating and understanding the borrower’s ability to generate positive cash flow, operate profitably and prudently expand its business. Underwriting standards are designed to promote relationships to include a full range of loan, deposit, and cash management services. Commercial and industrial loans are primarily made based on the identified cash flows of the borrower and secondarily on the underlying collateral provided by the borrower and the guarantors. The cash flows of the borrower, however, may not be as expected and the collateral securing these loans may fluctuate in value. In the case of loans secured by accounts receivable, the availability of funds for repayment can be impacted by the borrower’s ability to collect amounts due from its customers.
	Loans to Individuals & Overdrafts
	Consumer loans are approved using Bank policies and procedures established to evaluate each credit request. All lending decisions and credit risks are clearly documented. Several factors are considered in making these decisions such as credit score, adjusted net worth, liquidity, debt ratio, disposable income, credit history, and loan-to-value of the collateral. This process combined with the relatively smaller loan amounts spreads the risk among many individual borrowers.  Overdrafts on customer accounts are classified as loans for reporting purposes.
	The following tables present an age analysis of past due loans, segregated by class of loans as of June 30, 2014 and December 31, 2013, respectively:
			June 30, 2014
			30+		Non-			Total
			Days		Accrual			Past					Total
			Past Due		Loans			Due		Current			Loans
			(In thousands)
	Commercial and industrial		$	173	$	265		$	438	$	31,222		$	31,660
	Construction			18		889			907		59,634			60,541
	Multi-family residential			-		955			955		17,481			18,436
	Commercial real estate			2		3,208			3,210		153,761			156,971
	Loans to individuals & overdrafts			12		22			34		5,625			5,659
	1-to-4 family residential			286		1,282			1,568		29,101			30,669
	HELOC			22		986			1,008		29,553			30,561
	Deferred loan (fees) cost, net													-629
			$	513	$	7,607		$	8,120	$	326,377		$	333,868
	There were no loans that were more than 90 days past due and still accruing interest at June 30, 2014.
			December 31, 2013
			30+		Non-			Total
			Days		Accrual			Past					Total
			Past Due		Loans			Due		Current			Loans
			(In thousands)
Commercial and industrial		$	70	$	330		$	400	$	28,766		$	29,166
Construction			36		1,206			1,242		52,083			53,325
Multi-family residential			-		1,004			1,004		18,735			19,739
Commercial real estate			446		4,441			4,887		164,289			169,176
Loans to individuals & overdrafts			4		5			9		8,766			8,775
1 to 4 family residential			318		1,092			1,410		33,596			35,006
HELOC			-		1,241			1,241		30,622			31,863
Deferred loan (fees) cost, net													-550
		$	874	$	9,319		$	10,193	$	336,857		$	346,500
There were no loans greater than 90 days past due and still accruing interest at December 31, 2013.
Impaired Loans
The following tables present information on loans that were considered to be impaired as of June 30, 2014 and December 31, 2013:
									Three months ended					Six months ended
		As of June 30, 2014							June 30, 2014					June 30, 2014
				Contractual								Interest Income				Interest Income
				Unpaid					Average			Recognized on		Average		Recognized on
		Recorded		Principal			Related		Recorded			Impaired		Recorded		Impaired
		Investment		Balance			Allowance		Investment			Loans		Investment		Loans
		(In thousands)
With no related allowance recorded:
Commercial and industrial		$	122	$	122		$	-	$	124		$	2	$	159	$	5
Construction			1,634		1,848			-		1,706			20		1,846		43
Commercial real estate			3,271		4,441			-		3,363			37		3,639		107
Loans to individuals & overdrafts			2		5			-		2			-				2
Multi-family residential			2,331		2,605			-		2,335			36		2,358		75
1 to 4 family residential			2,379		2,804			-		2,421			25		2,967		64
HELOC			659		774			-		707			12		713		21
Subtotal:			10,398		12,599			-		10,658			132		11,684		315
With an allowance recorded:
Commercial and industrial			266		266			66		265			-		266		-
Construction			168		168			81		168			-		248		-
Commercial real estate			2,715		3,434			426		2,693			31		4,205		42
Loans to individuals & overdrafts			20		20			20		10			-				11
Multi-family residential			-		-			-		-			-		-		-
1 to 4 family residential			569		574			43		496			13		561		20
HELOC			400		643			140		473			4		477		9
Subtotal:			4,138		5,105			776		4,105			48		5,768		71
Totals:
Commercial			10,507		12,884			573		10,654			126		12,721		272
Consumer			22		25			20		12			-		13		-
Residential			4,007		4,795			183		4,097			54		4,718		114
Grand Total:		$	14,536	$	17,704		$	776	$	14,763		$	180	$	17,452	$	386
Impaired loans at June 30, 2014 were approximately $14.5 million and were composed of $7.6 million in nonaccrual loans and $6.9 million in loans that were still accruing interest. Recorded investment represents the current principal balance of the loan. Approximately $4.1 million in impaired loans had specific allowances provided for them while the remaining $10.4 million had no specific allowances recorded at June 30, 2014. Of the $10.4 million with no allowance recorded, $1.6 million of those loans have had partial charge-offs recorded.
									Three months ended					Six months ended
		As of December 31, 2013							June 30, 2013					June 30, 2013
				Contractual								Interest Income				Interest Income
				Unpaid			Related		Average			Recognized on		Average		Recognized on
		Recorded		Principal			Allowance		Recorded			Impaired		Recorded		Impaired
		Investment		Balance			for Loan Losses		Investment			Loans		Investment		Loans
		(In thousands)
With no related allowance recorded:
Commercial and industrial		$	196	$	257		$	-	$	500		$	17	$	515	$	21
Construction			2,059		2,311			-		1,881			2		2,046		4
Commercial real estate			3,748		4,971			-		5,812			124		5,870		147
Loans to individuals & overdrafts			3		3			-		1			-		2		-
Multi-family residential			2,384		2,384			-		1,911			33		1,755		72
1 to 4 family residential			2,427		2,731			-		396			2		477		4
HELOC			767		854			-		2,707			31		2,713		64
Subtotal:			11,584		13,511			-		13,208			209		13,378		312
With an allowance recorded:
Commercial and industrial			267		267			63		79			-		75		-
Construction			328		406			91		472			5		403		7
Commercial real estate			5,695		5,695			541		3,972			-		4,150		30
Loans to individuals & overdrafts			2		2			-		13			-		16		-
Multi-family residential			-		-			-		-			-		13		-
1 to 4 family residential			553		553			320		947			20		940		28
HELOC			553		553			88		316			1		270		1
Subtotal:			7,398		7,476			1,103		5,799			26		5,867		66
Totals:
Commercial			14,677		16,291			695		14,627			181		14,827		281
Consumer			5		5			-		14			-		18		-
Residential			4,300		4,691			408		4,366			54		4,400		97
Grand Total:		$	18,982	$	20,987		$	1,103	$	19,007		$	235	$	19,245	$	378
Impaired loans at December 31, 2013 were approximately $19.0 million and were composed of $9.3 million in non-accrual loans and $9.7 million in loans still in accruing status. Recorded investment represents the current principal balance for the loan, fees, and accrued interest. Approximately, $7.4 million of the $19.0 million in impaired loans at December 31, 2013 had specific allowances provided while the remaining $11.6 million had no specific allowances recorded. Of the $11.6 million with no allowance recorded, $2.1 million of those loans have had partial charge-offs recorded.
Loans are placed on non-accrual status when it has been determined that all contractual principal and interest will not be received. Any payments received on these loans are applied to principal first and then to interest only after all principal has been collected. In the case of an impaired loan that is still on accrual basis, payments are applied to both principal and interest.
Troubled Debt Restructurings
The following table presents loans that were modified as troubled debt restructurings (“TDRs”) with a breakdown of the types of concessions made by loan class during the three and six months ended 2014 and 2013:
		Three months ended June 30, 2014							Six months ended June 30, 2014
				Pre-			Post-					Pre-		Post-
				Modification			Modification					Modification		Modification
				Outstanding			Outstanding					Outstanding		Outstanding
		Number		Recorded			Recorded		Number			Recorded		Recorded
		of loans		Investment			Investment		of loans			Investment		Investment
		(Dollars in thousands)
Below market interest rate:
Commercial and industrial			-	$	-		$	-		-		$	-	$	-
Construction			-		-			-		-			-		-
Commercial real estate			-		-			-		-			-		-
Loans to individuals & overdrafts			-		-			-		-			-		-
1-to-4 family residential			-		-			-		1			22		22
Multi-family residential			-		-			-		-			-		-
HELOC			-		-			-		-			-		-
Total			-		-			-		1			22		22
Extended payment terms:
Commercial and industrial			-		-			-		-			-		-
Construction			-		-			-		-			-		-
Commercial real estate			1		46			42		1			46		42
Loans to individuals & overdrafts			-		-			-		-			-		-
1-to-4 family residential			1		947			942		1			947		942
Multi-family residential			-		-			-		-			-		-
HELOC			-		-			-		-
Total			2		993			984		2			993		984
Other:
Commercial and industrial			-		-			-		-			-		-
Construction			-		-			-		-			-		-
Commercial real estate			-		-			-		-			-		-
Loans to individuals & overdrafts			-		-			-		-			-		-
1-to-4 family residential			-		-			-		-			-		-
Multi-family residential			-		-			-		-			-		-
HELOC			-		-			-		-			-		-
Total			-		-			-		-			-		-
Total			2	$	993		$	984		3		$	1,015	$	1,006
		Three months ended June 30, 2013							Six months ended June 30, 2013
				Pre-			Post-					Pre-		Post-
				Modification			Modification					Modification		Modification
				Outstanding			Outstanding					Outstanding		Outstanding
		Number		Recorded			Recorded		Number			Recorded		Recorded
		of loans		Investment			Investment		of loans			Investment		Investment
		(Dollars in thousands)
Below market interest rate:
Commercial and industrial			-	$	-		$	-		-		$	-	$	-
Construction			-		-			-		-			-		-
Commercial real estate			-		-			-		-			-		-
Loans to individuals & overdrafts			-		-			-		-			-		-
1-to-4 family residential			-		-			-		-			-		-
Multi-family residential			-		-			-		-			-		-
HELOC			-		-			-		-			-		-
Total			-		-			-		-			-		-
Extended payment terms:
Commercial and industrial			4		537			536		4			537		536
Construction			2		134			134		2			134		134
Commercial real estate			1		645			645		1			645		645
Loans to individuals & overdrafts			-		-			-		-			-		-
1-to-4 family residential			2		139			139		2			139		139
Multi-family residential			-		-			-		-			-		-
HELOC			-		-			-		-			-		-
Total			9		1,455			1,454		9			1,455		1,454
Other:
Commercial and industrial			-		-			-		-			-		-
Construction			-		-			-		-			-		-
Commercial real estate			2		2,454			2,454		2			2,454		2,454
Loans to individuals & overdrafts			-		-			-		-			-		-
1-to-4 family residential			1		76			74		2			135		132
Multi-family residential			-		-			-		-			-		-
HELOC			-		-			-		-			-		-
Total			3		2,530			2,528		4			2,589		2,586
Total			12	$	3,985		$	3,982		13		$	4,044	$	4,040
As noted in the tables above, there were loans that were considered troubled debt restructurings for reasons other than below market interest rates, extended payment terms or forgiveness of principal. Loans in the “Other” category are those that were renewed at terms that vary from those that the Bank would enter into for new loans of the same type.
The following table presents loans that were modified as TDRs within the past twelve months with a breakdown of the types for which there was a payment default together with concessions made by loan class during the three and six month periods ended June 30, 2014 and 2013:
		Three months ended					Six months ended
		June 30, 2014					June 30, 2014
		Number		Recorded			Number		Recorded
		of loans		investment			of loans		investment
		(Dollars in thousands)
Below market interest rate:
Commercial and industrial			-	$	-			-	$	-
Construction			-		-			-		-
Commercial real estate			-		-			-		-
Loans to individuals & overdrafts			-		-			-		-
1-to-4 family residential			-		-			1		22
Multi-family residential			-		-			-		-
HELOC			-		-			-		-
Total			-		-			1		22
Extended payment terms:
Commercial and industrial			-		-			-		-
Construction			-		-			-		-
Commercial real estate			1		947			1		947
Loans to individuals & overdrafts			-		-			-		-
1-to-4 family residential			-		-			-		-
Multi-family residential			-		-			-		-
HELOC			-		-			-		-
Total			1		947			1		947
Forgiveness of principal:
Commercial and industrial			-		-			-		-
Construction			-		-			-		-
Commercial real estate			-		-			-		-
Loans to individuals and overdrafts			-		-			-		-
1-to-4 family residential			-		-			-		-
Multi-family residential			-		-			-		-
HELOC			-		-			-		-
Total			-		-			-		-
Other:
Commercial and industrial			-		-			-		-
Construction			-		-			-		-
Commercial real estate			-		-			-		-
Loans to individuals and overdrafts			-		-			-		-
1-to-4 family residential			-		-			1		68
Multi-family residential			-		-			-		-
HELOC			-		-			-		-
Total			-		-			1		68
Total			1	$	947			3	$	1,037
		Three months ended					Six months ended
		June 30, 2013					June 30, 2013
		Number		Recorded			Number		Recorded
		of loans		investment			of loans		investment
		(Dollars in thousands)
Below market interest rate:
Commercial and industrial			-	$	-			-	$	-
Construction			-		-			-		-
Commercial real estate			-		-			-		-
Loans to individuals & overdrafts			-		-			-		-
1-to-4 family residential			-		-			-		-
Multi-family residential			-		-			-		-
HELOC			-		-			-		-
Total			-		-			-		-
Extended payment terms:
Commercial and industrial			2		163			2		163
Construction			2		133			2		133
Commercial real estate			-		-			-		-
Loans to individuals & overdrafts			-		-			-		-
1-to-4 family residential			1		47			1		47
Multi-family residential			-		-			-		-
HELOC			-		-			-		-
Total			5		343			5		343
Forgiveness of principal:
Commercial and industrial			-		-			-		-
Construction			-		-			-		-
Commercial real estate			-		-			-		-
Loans to individuals and overdrafts			-		-			-		-
1-to-4 family residential			-		-			-		-
Multi-family residential			-		-			-		-
HELOC			-		-			-		-
Total			-		-			-		-
Other:
Commercial and industrial			-		-			-		-
Construction			-		-			-		-
Commercial real estate			1		163			1		163
Loans to individuals and overdrafts			-		-			-		-
1-to-4 family residential			-		-			1		59
Multi-family residential			-		-			-		-
HELOC			-		-			-		-
Total			1		163			2		222
Total			6	$	506			7	$	565
At June 30, 2014, the Bank had forty-three loans with an aggregate balance of $8.1 million that were considered to be troubled debt restructurings. Of those TDRs, twenty-four loans with a balance totaling $5.3 million were still accruing as of June 30, 2014. The remaining TDRs with balances totaling $2.8 million as of June 30, 2014 were in non-accrual status.
At June 30, 2013, the Bank had forty-one loans with an aggregate balance of $9.8 million that were considered to be troubled debt restructurings. Of those TDRs, twenty-four loans with a balance totaling $7.4 million were still accruing as of June 30, 2013. The remaining TDRs with balances totaling $2.4 million as of June 30, 2013 were in non-accrual status.
Credit Quality Indicators
As part of the on-going monitoring of the credit quality of the loan portfolio, management utilizes a risk grading matrix to assign a risk grade to each of the Company’s loans. All non-consumer loans are graded on a scale of 1 to 9. A description of the general characteristics of these nine different risk grades is as follows:
	⋅	Risk Grade 1 (Superior) - Credits in this category are virtually risk-free and are well-collateralized by cash-equivalent instruments. The repayment program is well-defined and achievable. Repayment sources are numerous. No material documentation deficiencies or exceptions exist.
	⋅	Risk Grade 2 (Very Good) - This grade is reserved for loans secured by readily marketable collateral, or loans within guidelines to borrowers with liquid financial statements. A liquid financial statement is a financial statement with substantial liquid assets relative to debts. These loans have excellent sources of repayment, with no significant identifiable risk of collection, and conform in all respects to Bank policy, guidelines, underwriting standards, and Federal and State regulations (no exceptions of any kind).
	⋅	Risk Grade 3 (Good) - These loans have excellent sources of repayment, with no significant identifiable risk of collection. Generally, loans assigned this risk grade will demonstrate the following characteristics: Conformity in all respects with Bank policy, guidelines, underwriting standards, and Federal and State regulations (no exceptions of any kind). Loans assigned this risk grade will demonstrate the following characteristics:
	o	Documented historical cash flow that meets or exceeds required minimum Bank guidelines, or that can be supplemented with verifiable cash flow from other sources.
	o	Adequate secondary sources to liquidate the debt, including combinations of liquidity, liquidation of collateral, or liquidation value to the net worth of the borrower or guarantor.
	⋅	Risk Grade 4 (Acceptable) - This grade is given to acceptable loans. These loans have adequate sources of repayment, with little identifiable risk of collection. Loans assigned this risk grade will demonstrate the following characteristics:
	o	General conformity to the Bank's policy requirements, product guidelines and underwriting standards, with limited exceptions. Any exceptions that are identified during the underwriting and approval process have been adequately mitigated by other factors.
	o	Documented historical cash flow that meets or exceeds required minimum Bank guidelines, or that can be supplemented with verifiable cash flow from other sources.
	o	Adequate secondary sources to liquidate the debt, including combinations of liquidity, liquidation of collateral, or liquidation value to the net worth of the borrower or guarantor
	⋅	Risk Grade 5 (Acceptable With Care) - This grade is given to acceptable loans that show signs of weakness in either adequate sources of repayment or collateral, but have demonstrated mitigating factors that minimize the risk of delinquency or loss.  Loans assigned this grade may demonstrate some or all of the following characteristics:
	o	Additional exceptions to the Bank's policy requirements, product guidelines or underwriting standards that present a higher degree of risk to the Bank.  Although the combination and/or severity of identified exceptions is greater, all exceptions have been properly mitigated by other factors.
	o	Unproven, insufficient or marginal primary sources of repayment that appear sufficient to service the debt at this time.  Repayment weaknesses may be due to minor operational issues, financial trends, or reliance on projected (not historic) performance.
	o	Marginal or unproven secondary sources to liquidate the debt, including combinations of liquidation of collateral and liquidation value to the net worth of the borrower or guarantor.
	⋅	Risk Grade 6 (Watch List or Special Mention) – Loans in this category can have the following characteristics:
	o	Loans with underwriting guideline tolerances and/or exceptions and with no mitigating factors.
	o	Extending loans that are currently performing satisfactorily but with potential weaknesses that may, if not corrected, weaken the asset or inadequately protect the Bank's position at some future date. Potential weaknesses are the result of deviations from prudent lending practices.
	o	Loans where adverse economic conditions that develop subsequent to the loan origination that don't jeopardize liquidation of the debt but do substantially increase the level of risk may also warrant this rating.
	⋅	Risk Grade 7 (Substandard) - A Substandard loan is inadequately protected by the current sound net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans classified as Substandard must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt; they are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Loans consistently not meeting the repayment schedule should be downgraded to substandard. Loans in this category are characterized by deterioration in quality exhibited by any number of well-defined weaknesses requiring corrective action.
	⋅	Risk Grade 8 (Doubtful) - Loans classified Doubtful have all the weaknesses inherent in loans classified Substandard, plus the added characteristic that the weaknesses make collection or liquidation in full on the basis of currently existing facts, conditions, and values highly questionable and improbable. However, these loans are not yet rated as loss because certain events may occur which would salvage the debt.
	⋅	Risk Grade 9 (Loss) - Loans classified as Loss are considered uncollectable and of such little value that their continuance as bankable assets is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather that it is not practical or desirable to defer writing off the loan even though partial recovery may be affected in the future.
Consumer loans are graded on a scale of 1 to 9. A description of the general characteristics of the nine risk grades is as follows:
	⋅	Risk Grades 1 – 5 (Pass) – The loans in this category range from loans secured by cash with no risk of principal deterioration (Risk Grade 1) to loans that show signs of weakness in either adequate sources of repayment or collateral but have demonstrated mitigating factors that minimize the risk of delinquency or loss (Risk Grade 5).
	⋅	Risk Grade 6 (Watch List or Special Mention) - Watch List or Special Mention loans include the following characteristics:
	o	Loans within guideline tolerances or with exceptions of any kind that have not been mitigated by other economic or credit factors.
	o	Extending loans that are currently performing satisfactorily but with potential weaknesses that may, if not corrected, weaken the asset or inadequately protect the Bank's position at some future date. Potential weaknesses are the result of deviations from prudent lending practices.
	o	Loans where adverse economic conditions that develop subsequent to the loan origination that don't jeopardize liquidation of the debt but do substantially increase the level of risk may also warrant this rating.
	⋅	Risk Grade 7 (Substandard) - A Substandard loan is inadequately protected by the current sound net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans classified as Substandard must have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt; they are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected.
	⋅	Risk Grade 8 (Doubtful) - Loans classified Doubtful have all the weaknesses inherent in loans classified Substandard, plus the added characteristic that the weaknesses make collection or liquidation in full on the basis of currently existing facts, conditions, and values highly questionable and improbable. However, these loans are not yet rated as loss because certain events may occur which would salvage the debt.
	⋅	Risk Grade 9 (Loss) - Loans classified Loss are considered uncollectable and of such little value that their continuance as bankable assets is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather that it is not practical or desirable to defer writing off this worthless loan even though partial recovery may be affected in the future.
The following tables present information on risk ratings of the commercial and consumer loan portfolios, segregated by loan class as of June 30, 2014 and December 31, 2013, respectively:
June 30, 2014
Commercial
Credit
Exposure By		Commercial					Commercial
Internally		and					real		Multi-family
Assigned Grade		industrial		Construction			estate		residential
		(In thousands)
Superior		$	835	$	35		$	-	$	-
Very good			-		-			-		-
Good			3,589		235			15,887		4,158
Acceptable			16,874		1,831			59,526		7,922
Acceptable with care			9,761		56,480			65,397		4,024
Special mention			185		641			11,711		1,356
Substandard			416		1,319			4,450		976
Doubtful			-		-			-		-
Loss			-		-			-		-
		$	31,660	$	60,541		$	156,971	$	18,436
Consumer Credit
Exposure By
Internally		1-to-4 family
Assigned Grade		residential		HELOC
Pass		$	25,725	$	29,290
Special mention			1,301		103
Substandard			3,643		1,168
		$	30,669	$	30,561
Consumer Credit
Exposure Based		Loans to
On Payment		individuals &
Activity		overdrafts
Pass		$	5,611
Non –pass			48
		$	5,659
December 31, 2013
Commercial
Credit
Exposure By		Commercial					Commercial
Internally		and					real		Multi-family
Assigned Grade		industrial		Construction			estate		residential
		(dollars in thousands)
Superior		$	830	$	40		$	-	$	-
Very good			-		-			-		-
Good			5,793		1,133			19,301		4,203
Acceptable			11,572		2,838			63,447		6,812
Acceptable with care			5,307		46,597			57,768		6,340
Special mention			5,122		1,126			21,305		1,380
Substandard			542		1,591			7,355		1,004
Doubtful			-		-			-		-
Loss			-		-			-		-
		$	29,166	$	53,325		$	169,176	$	19,739
Consumer Credit
Exposure By
Internally		1-to-4 family
Assigned Grade		residential		HELOC
Pass		$	29,364	$	30,116
Special mention			1,632		245
Substandard			4,010		1,502
		$	35,006	$	31,863
Consumer Credit
Exposure Based		Loans to
On Payment		individuals &
Activity		overdrafts
Pass		$	7,629
Non-pass			1,146
		$	8,775
Allowance for Loan Losses
The allowance for loan losses is a reserve established through provisions for loan losses charged to income and represents management’s best estimate of probable loan losses that have been incurred within the existing portfolio of loans. The allowance, in the judgment of management, is necessary to reserve for estimated losses and risk inherent in the loan portfolio. The Company’s allowance for loan loss methodology is based on historical loss experience by type of credit and internal risk grade, specific homogeneous risk pools and specific loss allocations, with adjustments for current events and conditions. The Company’s process for determining the appropriate level of reserves is designed to account for changes in credit quality as they occur. The provision for loan losses reflect loan quality trends, including the levels of and trends related to past due loans and economic conditions at the local and national levels. It also considers the quality and risk characteristics of the Company’s loan origination and servicing policies and practices.
As of March 31, 2014, the Company elected to change the allowance for loan loss model it uses to calculate historical loss rates and qualitative and environmental factors in its allowance for loan losses. The Company elected to change the model used for allowance for loan losses in order to utilize the loss migration, improve the objectivity of loss projections, and increase reliability of identifying losses inherent in the portfolio. The impact of the change to the model resulted in a $177,000 increase to our loan loss reserves as at the time of the change.  In determining the loss history to be applied to its ASC 450 loan pools within the allowance for loan losses, the Company has previously used loss history based on the weighted average net charge off history for the most recent fourteen consecutive quarters, based on the risk-graded pool to which the loss was assigned. Historical loss rates are now calculated by using a loss migration analysis associating losses to the risk-graded pool to which they relate for each of the previous twelve quarters. Then, using a twelve quarter look back period, loss factors are calculated for each risk-graded pool.
The new model continues to incorporate various internal and external qualitative and environmental factors as described in the Interagency Policy Statement on the Allowance for Loan and Lease Losses, dated December 2006. Input for these factors is determined on the basis of management observation, judgment, and experience. The factors utilized by the Company in the new model for all loan classes are as follows:
Internal Factors
	⋅	Concentrations – Measures the increased risk derived from concentration of credit exposure in particular industry segments within the portfolio.
	⋅	Policy exceptions – Measures the risk derived from granting terms outside of underwriting guidelines.
	⋅	Compliance exceptions– Measures the risk derived from granting terms outside of regulatory guidelines.
	⋅	Document exceptions– Measures the risk exposure resulting from the inability to collect due to improperly executed documents and collateral imperfections.
	⋅	Financial information monitoring – Measures the risk associated with not having current borrower financial information.
	⋅	Nonaccrual – Reflects increased risk of loans with characteristics that merit nonaccrual status.
	⋅	Delinquency – Reflects the increased risk deriving from higher delinquency rates.
	⋅	Personnel turnover – Reflects staff competence in various types of lending.
	⋅	Portfolio growth – Measures the impact of growth and potential risk derived from new loan production.
External Factors
	⋅	GDP growth rate – Impact of general economic factors that affect the portfolio.
	⋅	North Carolina unemployment rate – Impact of local economic factors that affect the portfolio.
	⋅	Peer group delinquency rate – Measures risk associated with the credit requirements of competitors.
	⋅	Prime rate change – Measures the effect on the portfolio in the event of changes in the prime lending rate.
Each pool is assigned an adjustment to the potential loss percentage by assessing its characteristics against each of the factors listed above.
Reserves are generally divided into three allocation segments:
	1	Individual reserves. These are calculated according to ASC Section 310-10-35 against loans evaluated individually and deemed to most likely be impaired.  All loans in non-accrual status and all substandard loans that are deemed to be collateral dependent are assessed for impairment. Loans are deemed uncollectible based on a variety of credit, collateral, documentation and other issues. In the case of uncollectible receivables, the collateral is considered unsecured and therefore fully charged off.
	2	Formula reserves. Formula reserves are held against loans evaluated collectively. Loans are grouped by type or by risk grade, or some combination of the two. Loss estimates are based on historical loss rates for each respective loan group. Formula reserves represent the Company’s best estimate of losses that may be inherent, or embedded, within the group of loans, even if it is not apparent at this time which loans within any group or pool represent those embedded losses.
	3	Qualitative and external reserves. If individual reserves represent estimated losses tied to any specific loan, and formula reserves represent estimated losses tied to a pool of loans but not yet to any specific loan then these reserves represent an estimate of losses that are expected, but are not yet tied to any loan or group of loans.
All information related to the calculation of the three segments, including data analysis, assumptions, calculations, etc. are documented. Assigning specific individual reserve amounts, formula reserve factors, or unallocated amounts based on unsupported assumptions or conclusions is not permitted.
The following tables present a roll forward of the Company’s allowance for loan losses by loan class for the three month and six month periods ended June 30, 2014 and June 30, 2013, respectively:
		Three months ended June 30, 2014
		Commercial							1-to-4					Loans to		Multi-
		and					Commercial		Family					individuals &		Family
Allowance for loan losses		industrial		Construction			real estate		residential			HELOC		overdrafts		residential		Total
		(In thousands)
Balance, beginning of period 3/31/2014		$	513	$	889		$	3,283	$	585		$	1,293	$	171	$	291	$	7,025
Provision (recovery) for loan losses			-4		110			-384		-9			-106		-9		-25		-427
Loans charged-off			-		-			-		-			-231		-13		-		-244
Recoveries			14		3			4		12			53		7		-		93
Balance, end of period 6/30/2014		$	523	$	1,002		$	2,903	$	588		$	1,009	$	156	$	266	$	6,447
Ending balance: individually evaluated for impairment		$	66	$	81		$	426	$	43		$	140	$	20	$	-	$	776
Ending balance: collectively evaluated for impairment		$	457	$	921		$	2,477	$	545		$	869	$	136	$	266	$	5,671
Loans:
Ending balance		$	31,660	$	60,541		$	156,971	$	30,669		$	30,561	$	5,659	$	18,436	$	334,497
Ending balance: individually evaluated for impairment		$	388	$	1,802		$	5,986	$	2,948		$	1,059	$	22	$	2,331	$	14,536
Ending balance: collectively evaluated for impairment		$	31,272	$	58,739		$	150,985	$	27,721		$	29,502	$	5,637	$	16,105	$	319,961
		Six months ended June 30, 2014
		Commercial							1-to-4					Loans to		Multi-
		And					Commercial		family					individuals &		Family
Allowance for loan losses		industrial		Construction			real estate		residential			HELOC		overdrafts		residential		Total
		(In thousands)
Balance, beginning of period 1/1/2014		$	245	$	565		$	4,599	$	826		$	680	$	65	$	74	$	7,054
Provision (recovery) for loan losses			318		376			-1,724		-274			539		97		192		-476
Loans charged-off			-63		-			-		-1			-271		-19		-		-354
Recoveries			23		61			28		37			61		13		-		223
Balance, end of period 6/30/2014		$	523	$	1,002		$	2,903	$	588		$	1,009	$	156	$	266	$	6,447
Ending balance: individually evaluated for impairment		$	66	$	81		$	426	$	43		$	140	$	20	$	-	$	776
Ending balance: collectively evaluated for impairment		$	457	$	921		$	2,477	$	545		$	869	$	136	$	266	$	5,671
		Three months ended June 30, 2013
		Commercial							1-to-4					Loans to		Multi-
		and					Commercial		family					individuals &		Family
Allowance for loan losses		industrial		Construction			real estate		residential			HELOC		overdrafts		residential		Total
		(In thousands)
Balance, beginning of period 3/31/2013		$	339	$	626		$	5,110	$	920		$	635	$	73	$	72	$	7,775
Provision (recovery) for loan losses			42		-15			-458		198			-68		-60		-14		-375
Loans charged-off			-83		-			-137		-81			-29		-17		-		-347
Recoveries			-48		-3			70		8			72		66		-		165
Balance, end of period 6/30/2013		$	250	$	608		$	4,585	$	1,045		$	610	$	62	$	58	$	7,218
Ending balance: individually evaluated for impairment		$	-	$	79		$	223	$	322		$	197	$	5	$	-	$	826
Ending balance: collectively evaluated for impairment		$	250	$	529		$	4,362	$	723		$	413	$	57	$	58	$	6,392
Loans:
Ending balance		$	31,710	$	51,758		$	182,233	$	35,464		$	32,579	$	7,657	$	14,760	$	356,161
Ending balance: individually evaluated for impairment		$	660	$	2,388		$	9,454	$	4,091		$	1,030	$	16	$	2,407	$	20,046
Ending balance: collectively evaluated for impairment		$	31,050	$	49,370		$	172,779	$	31,373		$	31,549	$	7,641	$	12,353	$	336,115
		Six months ended June 30, 2013
		Commercial							1-to-4					Loans to		Multi-
		and					Commercial		family					individuals &		family
Allowance for loan losses		industrial		Construction			real estate		residential			HELOC		overdrafts		residential		Total
		(In thousands)
Balance, beginning of period 1/1/2013		$	278	$	798		$	4,946	$	1,070		$	627	$	72	$	106	$	7,897
Provision (recovery) for loan losses			74		-190			-253		75			-54		-79		-48		-475
Loans charged-off			-129		-			-180		-121			-39		-44		-		-513
Recoveries			27		-			72		21			76		113		-		309
Balance, end of period 6/30/2013		$	250	$	608		$	4,585	$	1,045		$	610	$	62	$	58	$	7,218
Ending balance: individually evaluated for impairment		$	-	$	79		$	223	$	322		$	197	$	5	$	-	$	826
Ending balance: collectively evaluated for impairment		$	250	$	529		$	4,362	$	723		$	413	$	57	$	58	$	6,392
During the three months ended June 30, 2013 the Company recorded net charge-offs of $182,000. Total loans outstanding during the second quarter of 2013 decreased, resulting in a $375,000 recovery in the provision for loan losses.

ACCUMULATED_OTHER_COMPREHENSIV

ACCUMULATED OTHER COMPREHENSIVE INCOME	6 Months Ended
	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]	'
Accumulated Other Comprehensive Income (Loss) [Text Block]	'
	NOTE H – ACCUMULATED OTHER COMPREHENSIVE INCOME
	The following table presents changes in accumulated other comprehensive income for the three months and six months ended June 30, 2014 and 2013.
		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2014		2013		2014		2013
		(In thousands)
	Beginning balance	$	132	$	922	$	-108	$	1,078
	Unrealized gain (loss) on investment securities available for sale		482		-1,171		718		-1,480
	Tax effect		-180		398		-267		503
	Other comprehensive gain (loss) before reclassification		302		-773		451		-977
	Amounts reclassified from accumulated comprehensive income:
	Realized loss on investment securities included in net income		65		63		211		136
	Tax effect		-24		-21		-79		-46
	Total reclassifications net of tax		41		42		132		90
	Net current period other comprehensive income (loss)		343		-731		583		-887
	Ending balance	$	475	$	191	$	475	$	191
	The income statement line items impacted by the reclassifications of realized gains (losses) on investment securities is the other non-interest expense and income tax expense line items in the consolidated statement of operations. The balance of accumulated other comprehensive income, net of tax, at June 30, 2014, is comprised of $302 of unrealized gains on securities available for sale. There was a reclassification of other comprehensive income, net of tax of $41, as of June 30, 2014, related to realized losses on available for sale securities during the period.

MERGER_WITH_SELECT_BANCORP_INC

MERGER WITH SELECT BANCORP, INC.	6 Months Ended
	Jun. 30, 2014
MERGER WITH SELECT BANCORP [Abstract]	'
MERGER WITH SELECT BANCORP [Text Block]	'
	NOTE I – MERGER WITH SELECT BANCORP, INC.
	On September 30, 2013, the Company signed a merger agreement with Select Bancorp, Inc. (Legacy Select), a bank holding company headquartered in Greenville, North Carolina, whose wholly-owned subsidiary, Select Bank & Trust Company, was a state-chartered commercial bank with approximately $265.3 million in assets. The merger, which closed July 25, 2014, expanded the Bank’s North Carolina presence with six branches located in Greenville (two), Elizabeth City, Washington, Gibsonville and Burlington.
	Under the terms of the merger agreement, former shareholders of Legacy Select common stock received 1.8264 shares of the Company’s common stock for each share of Legacy Select common stock. The Company issued approximately 4,416,668 shares of common stock in the merger.
	In addition, each share of Legacy Select’s issued and outstanding preferred stock will be exchanged for one newly issued share of the Company’s preferred stock having terms substantially identical to the Legacy Select preferred stock. All of the issued and outstanding shares of Legacy Select’s preferred stock are held by the Secretary of the United States Treasury and were issued in connection with Legacy Select’s participation in the Small Business Lending Fund.
	On July 25, 2014, New Century Bancorp acquired Select Bancorp, Inc., and its wholly-owned subsidiary, Select Bank & Trust Company and assumed the name, Select Bancorp, Inc. on that date. The financial data reported here is solely the financial information of the entity formerly known as New Century Bancorp. Commencing in the third quarter of 2014, consolidated financial information of the former New Century and Select entities will be reported upon the July 25, 2014 closing of the merger.

PER_SHARE_RESULTS_Tables

PER SHARE RESULTS (Tables)	6 Months Ended
	Jun. 30, 2014
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	'
	Basic net income per share is computed based upon the weighted average number of shares of common stock outstanding during the period. Diluted net income per share includes the dilutive effect of stock options outstanding during the period. At June 30, 2014 and 2013 there were 91,183 and 308,909 anti-dilutive options outstanding, respectively.
		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2014		2013		2014		2013
	Weighted average shares used for basic net income per share		6,923,640		6,921,352		6,922,651		6,916,233
	Effect of dilutive stock options		4,788		1,590		3,667		1,238
	Weighted average shares used for diluted net income per share		6,928,428		6,922,942		6,926,318		6,917,471

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
	Jun. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	'
	The following tables summarize quantitative disclosures about the fair value measurement for each category of assets carried at fair value on a recurring basis as of June 30, 2014 and December 31, 2013 (in thousands):
	Investment securities	Fair value		Quoted Prices in		Significant		Significant
	available for sale			Active Markets		Other		Unobservable
	June 30, 2014			for Identical		Observable		Inputs (Level 3)
				Assets (Level 1)		Inputs (Level 2)
	U.S. government agencies – GSE's	$	27,159	$	-	$	27,159	$	-
	Mortgage-backed securities - GSE’s		45,199		-		45,199		-
	Municipal bonds		7,546		-		7,546		-
	Total	$	79,904	$	-	$	79,904	$	-
	Investment securities	Fair value		Quoted Prices in		Significant		Significant
	available for sale			Active Markets		Other		Unobservable
	December 31, 2013			for Identical		Observable		Inputs (Level 3)
				Assets (Level 1)		Inputs (Level 2)
	U.S. government agencies – GSE's	$	34,665	$	-	$	34,665	$	-
	Mortgage-backed securities - GSE’s		41,065		-		41,065		-
	Municipal bonds		8,106		-		8,106		-
	Total	$	83,836	$	-	$	83,836	$	-
Fair Value Measurements, Nonrecurring [Table Text Block]	'
	The following tables summarize quantitative disclosures about the fair value measurement for each category of assets carried at fair value on a non-recurring basis as of June 30, 2014 and December 31, 2013 (in thousands):
	Asset Category	Fair value		Quoted Prices in		Significant		Significant
	June 30, 2014			Active Markets		Other		Unobservable
				for Identical		Observable		Inputs (Level 3)
				Assets (Level 1)		Inputs (Level 2)
	Impaired loans	$	4,947	$	-	$	-	$	4,947
	Foreclosed real estate		1,169		-		-		1,169
	Total	$	2,511	$	-	$	-	$	2,511
	Asset Category	Fair value		Quoted Prices in		Significant		Significant
	December 31, 2013			Active Markets		Other		Unobservable
				for Identical		Observable		Inputs (Level 3)
				Assets (Level 1)		Inputs (Level 2)
	Impaired loans	$	8,477	$	-	$	-	$	8,477
	Foreclosed real estate		2,008		-		-		2,008
	Total	$	10,485	$	-	$	-	$	10,485

FAIR_VALUE_OF_FINANCIAL_INSTRU1

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
	Jun. 30, 2014
Investments, All Other Investments [Abstract]	'
Fair Value, by Balance Sheet Grouping [Table Text Block]	'
	The following table presents the carrying values and estimated fair values of the Company's financial instruments at June 30, 2014 and December 31, 2013:
		June 30, 2014
		Carrying		Estimated
		Amount		Fair Value		Level 1		Level 2		Level 3
		(In thousands)
	Financial assets:
	Cash and due from banks	$	23,678	$	23,678	$	23,678	$	-	$	-
	Interest-earning deposits in other banks		46,740		46,740		46,740		-		-
	Federal funds sold		3,028		3,028		3,028		-		-
	Investment securities available for sale		79,904		79,904		-		79,904		-
	Loans, net		327,421		335,098		-		-		335,098
	Accrued interest receivable		1,466		1,466		-		-		1,466
	Stock in FHLB		562		562		-		-		562
	Other non-marketable securities		1,041		1,041		-		-		1,041
	Financial liabilities:
	Deposits	$	428,734	$	431,907	$	-	$	431,907	$	-
	Short term debt		7,179		7,179		-		7,179		-
	Long term debt		12,372		7,517		-		7,517		-
	Accrued interest payable		207		207		-		-		207
		December 31, 2013
		Carrying		Estimated
		Amount		Fair Value		Level 1		Level 2		Level 3
		(In thousands)
	Financial assets:
	Cash and due from banks	$	20,151	$	20,151	$	20,151	$	-	$	-
	Interest-earning deposits in other banks		49,690		49,690		49,690		-		-
	Federal funds sold		3,028		3,028		3,028		-		-
	Investment securities available for sale		83,836		83,836		-		83,836		-
	Loans, net		339,446		353,439		-		-		353,439
	Accrued interest receivable		1,650		1,650		-		-		1,650
	Stock in the FHLB		796		796		-		-		796
	Other non-marketable securities		1,055		1,055		-		-		1,055
	Financial liabilities:
	Deposits	$	448,458	$	452,529	$	-	$	452,529	$	-
	Short-term debt		6,305		6,305		-		6,305		-
	Long-term debt		12,372		7,517		-		7,517		-
	Accrued interest payable		225		225		-		-		225

INVESTMENT_SECURITIES_Tables

INVESTMENT SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2014
Investments, Debt and Equity Securities [Abstract]	'
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	'
	The amortized cost and fair value of securities available for sale, with gross unrealized gains and losses, follow:
		June 30, 2014
				Gross		Gross
		Amortized		unrealized		unrealized		Fair
		cost		gains		losses		value
		(In thousands)
	Securities available for sale:
	U.S. government agencies-GSE’s
	Within 1 year	$	9,770	$	21	$	-	$	9,791
	After 1 year but within 5 years		2,437		4		-7		2,434
	After 5 years but within 10 years		11,821		9		-308		11,522
	After 10 years		3,466		-		-54		3,412
	Mortgage-backed securities-GSE’s
	Within 1 year		46		3		-		49
	After 1 year but within 5 years		23,995		901		-		24,896
	After 5 years but within 10 years		20,326		75		-147		20,254
	Municipal bonds
	Within 1 year		577		10		-		587
	After 1 year but within 5 years		2,529		169		-		2,698
	After 5 years but within 10 years		3,369		83		-5		3,447
	After 10 years		811		9		-6		814
		$	79,147	$	1,284	$	-527	$	79,904
	As of June 30, 2014, accumulated other comprehensive income included net unrealized gains totaling $757,000. Deferred tax liabilities resulting from these unrealized gains totaled $346,000.
		December 31, 2013
				Gross		Gross
		Amortized		unrealized		unrealized		Fair
		cost		gains		losses		value
		(In thousands)
	Securities available for sale:
	U.S. government agencies-GSE’s
	Within 1 year	$	10,520	$	25	$	-	$	10,545
	After 1 year but within 5 years		8,820		17		-10		8,827
	After 5 years but within 10 years		7,376		-		-549		6,827
	After 10 years		8,524		11		-69		8,466
	Mortgage-backed securities-GSE’s
	Within 1 year		133		7		-		140
	After 1 year but within 5 years		35,352		659		-155		35,856
	After 5 years but within 10 years		5,316		-		-247		5,069
	Municipal bonds
	Within 1 year		100		1		-		101
	After 1 year but within 5 years		3,036		196		-		3,232
	After 5 years but within 10 years		3,306		30		-112		3,224
	After 10 years		1,526		54		-31		1,549
		$	84,009	$	1,000	$	-1,173	$	83,836
Schedule of Unrealized Loss on Investments [Table Text Block]	'
	The following tables show investments’ gross unrealized losses and fair value, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position, at June 30, 2014 and December 31, 2013.
		June 30, 2014
		Less Than 12 Months				12 Months or More				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
		value		losses		value		losses		value		losses
		(In thousands)
	Securities available for sale:
	U.S. government agencies-GSE’s	$	9,162	$	-101	$	5,732	$	-268	$	14,894	$	-369
	Mortgage-backed securities-GSE’s		8,761		-48		4,905		-99		13,666		-147
	Municipal bonds		1,752		-3		522		-8		2,274		-11
	Total temporarily impaired securities	$	19,675	$	-152	$	11,159	$	-375	$	30,834	$	-527
	All unrealized losses are attributable to the general trend of interest rates.
		December 31, 2013
		Less Than 12 Months				12 Months or More				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
		value		losses		value		losses		value		losses
		(dollars in thousands)
	Securities available for sale:
	U.S. government agencies – GSE’s	$	11,908	$	-239	$	3,611	$	-389	$	15,519	$	-628
	Mortgage-backed securities- GSE’s		21,762		-312		1,777		-90		23,539		-402
	Municipal bonds		2,719		-143		-		-		2,719		-143
	Total temporarily impaired securities	$	36,389	$	-694	$	5,388	$	-479	$	41,777	$	-1,173

LOANS_Tables

LOANS (Tables)	6 Months Ended
	Jun. 30, 2014
Receivables [Abstract]	'
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	'
	Following is a summary of the composition of the Company’s loan portfolio at June 30, 2014 and December 31, 2013:
		June 30,					December 31,
		2014					2013
				Percent					Percent
		Amount		of total			Amount		of total
		(Dollars in thousands)
	Real estate loans:
	1 to 4 family residential	$	30,669		9.19	%	$	35,006		10.1	%
	Commercial real estate		156,971		47.02	%		169,176		48.82	%
	Multi-family residential		18,436		5.52	%		19,739		5.7	%
	Construction		60,541		18.13	%		53,325		15.39	%
	Home equity lines of credit (“HELOC”)		30,561		9.15	%		31,863		9.2	%
	Total real estate loans		297,178		89.01	%		309,109		89.21	%
	Other loans:
	Commercial and industrial		31,660		9.48	%		29,166		8.42	%
	Loans to individuals		5,504		1.65	%		8,584		2.48	%
	Overdrafts		155		0.05	%		191		0.05	%
	Total other loans		37,319		11.18	%		37,941		10.95	%
	Gross loans		334,497					347,050
	Less deferred loan origination fees, net		-629		-0.19	%		-550		-0.16	%
	Total loans		333,868		100	%		346,500		100	%
	Allowance for loan losses		-6,447					-7,054
	Total loans, net	$	327,421				$	339,446
Past Due Financing Receivables [Table Text Block]	'
	The following tables present an age analysis of past due loans, segregated by class of loans as of June 30, 2014 and December 31, 2013, respectively:
		June 30, 2014
		30+		Non-			Total
		Days		Accrual			Past					Total
		Past Due		Loans			Due		Current			Loans
		(In thousands)
	Commercial and industrial	$	173	$	265		$	438	$	31,222		$	31,660
	Construction		18		889			907		59,634			60,541
	Multi-family residential		-		955			955		17,481			18,436
	Commercial real estate		2		3,208			3,210		153,761			156,971
	Loans to individuals & overdrafts		12		22			34		5,625			5,659
	1-to-4 family residential		286		1,282			1,568		29,101			30,669
	HELOC		22		986			1,008		29,553			30,561
	Deferred loan (fees) cost, net												-629
		$	513	$	7,607		$	8,120	$	326,377		$	333,868
	There were no loans that were more than 90 days past due and still accruing interest at June 30, 2014.
		December 31, 2013
		30+		Non-			Total
		Days		Accrual			Past					Total
		Past Due		Loans			Due		Current			Loans
		(In thousands)
	Commercial and industrial	$	70	$	330		$	400	$	28,766		$	29,166
	Construction		36		1,206			1,242		52,083			53,325
	Multi-family residential		-		1,004			1,004		18,735			19,739
	Commercial real estate		446		4,441			4,887		164,289			169,176
	Loans to individuals & overdrafts		4		5			9		8,766			8,775
	1 to 4 family residential		318		1,092			1,410		33,596			35,006
	HELOC		-		1,241			1,241		30,622			31,863
	Deferred loan (fees) cost, net												-550
		$	874	$	9,319		$	10,193	$	336,857		$	346,500
Impaired Financing Receivables [Table Text Block]	'
	The following tables present information on loans that were considered to be impaired as of June 30, 2014 and December 31, 2013:
									Three months ended					Six months ended
		As of June 30, 2014							June 30, 2014					June 30, 2014
				Contractual								Interest Income				Interest Income
				Unpaid					Average			Recognized on		Average		Recognized on
		Recorded		Principal			Related		Recorded			Impaired		Recorded		Impaired
		Investment		Balance			Allowance		Investment			Loans		Investment		Loans
		(In thousands)
	With no related allowance recorded:
	Commercial and industrial	$	122	$	122		$	-	$	124		$	2	$	159	$	5
	Construction		1,634		1,848			-		1,706			20		1,846		43
	Commercial real estate		3,271		4,441			-		3,363			37		3,639		107
	Loans to individuals & overdrafts		2		5			-		2			-				2
	Multi-family residential		2,331		2,605			-		2,335			36		2,358		75
	1 to 4 family residential		2,379		2,804			-		2,421			25		2,967		64
	HELOC		659		774			-		707			12		713		21
	Subtotal:		10,398		12,599			-		10,658			132		11,684		315
	With an allowance recorded:
	Commercial and industrial		266		266			66		265			-		266		-
	Construction		168		168			81		168			-		248		-
	Commercial real estate		2,715		3,434			426		2,693			31		4,205		42
	Loans to individuals & overdrafts		20		20			20		10			-				11
	Multi-family residential		-		-			-		-			-		-		-
	1 to 4 family residential		569		574			43		496			13		561		20
	HELOC		400		643			140		473			4		477		9
	Subtotal:		4,138		5,105			776		4,105			48		5,768		71
	Totals:
	Commercial		10,507		12,884			573		10,654			126		12,721		272
	Consumer		22		25			20		12			-		13		-
	Residential		4,007		4,795			183		4,097			54		4,718		114
	Grand Total:	$	14,536	$	17,704		$	776	$	14,763		$	180	$	17,452	$	386
									Three months ended					Six months ended
		As of December 31, 2013							June 30, 2013					June 30, 2013
				Contractual								Interest Income				Interest Income
				Unpaid			Related		Average			Recognized on		Average		Recognized on
		Recorded		Principal			Allowance		Recorded			Impaired		Recorded		Impaired
		Investment		Balance			for Loan Losses		Investment			Loans		Investment		Loans
		(In thousands)
	With no related allowance recorded:
	Commercial and industrial	$	196	$	257		$	-	$	500		$	17	$	515	$	21
	Construction		2,059		2,311			-		1,881			2		2,046		4
	Commercial real estate		3,748		4,971			-		5,812			124		5,870		147
	Loans to individuals & overdrafts		3		3			-		1			-		2		-
	Multi-family residential		2,384		2,384			-		1,911			33		1,755		72
	1 to 4 family residential		2,427		2,731			-		396			2		477		4
	HELOC		767		854			-		2,707			31		2,713		64
	Subtotal:		11,584		13,511			-		13,208			209		13,378		312
	With an allowance recorded:
	Commercial and industrial		267		267			63		79			-		75		-
	Construction		328		406			91		472			5		403		7
	Commercial real estate		5,695		5,695			541		3,972			-		4,150		30
	Loans to individuals & overdrafts		2		2			-		13			-		16		-
	Multi-family residential		-		-			-		-			-		13		-
	1 to 4 family residential		553		553			320		947			20		940		28
	HELOC		553		553			88		316			1		270		1
	Subtotal:		7,398		7,476			1,103		5,799			26		5,867		66
	Totals:
	Commercial		14,677		16,291			695		14,627			181		14,827		281
	Consumer		5		5			-		14			-		18		-
	Residential		4,300		4,691			408		4,366			54		4,400		97
	Grand Total:	$	18,982	$	20,987		$	1,103	$	19,007		$	235	$	19,245	$	378
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	'
	The following table presents loans that were modified as troubled debt restructurings (“TDRs”) with a breakdown of the types of concessions made by loan class during the three and six months ended 2014 and 2013:
		Three months ended June 30, 2014							Six months ended June 30, 2014
				Pre-			Post-					Pre-		Post-
				Modification			Modification					Modification		Modification
				Outstanding			Outstanding					Outstanding		Outstanding
		Number		Recorded			Recorded		Number			Recorded		Recorded
		of loans		Investment			Investment		of loans			Investment		Investment
		(Dollars in thousands)
	Below market interest rate:
	Commercial and industrial		-	$	-		$	-		-		$	-	$	-
	Construction		-		-			-		-			-		-
	Commercial real estate		-		-			-		-			-		-
	Loans to individuals & overdrafts		-		-			-		-			-		-
	1-to-4 family residential		-		-			-		1			22		22
	Multi-family residential		-		-			-		-			-		-
	HELOC		-		-			-		-			-		-
	Total		-		-			-		1			22		22
	Extended payment terms:
	Commercial and industrial		-		-			-		-			-		-
	Construction		-		-			-		-			-		-
	Commercial real estate		1		46			42		1			46		42
	Loans to individuals & overdrafts		-		-			-		-			-		-
	1-to-4 family residential		1		947			942		1			947		942
	Multi-family residential		-		-			-		-			-		-
	HELOC		-		-			-		-
	Total		2		993			984		2			993		984
	Other:
	Commercial and industrial		-		-			-		-			-		-
	Construction		-		-			-		-			-		-
	Commercial real estate		-		-			-		-			-		-
	Loans to individuals & overdrafts		-		-			-		-			-		-
	1-to-4 family residential		-		-			-		-			-		-
	Multi-family residential		-		-			-		-			-		-
	HELOC		-		-			-		-			-		-
	Total		-		-			-		-			-		-
	Total		2	$	993		$	984		3		$	1,015	$	1,006
		Three months ended June 30, 2013							Six months ended June 30, 2013
				Pre-			Post-					Pre-		Post-
				Modification			Modification					Modification		Modification
				Outstanding			Outstanding					Outstanding		Outstanding
		Number		Recorded			Recorded		Number			Recorded		Recorded
		of loans		Investment			Investment		of loans			Investment		Investment
		(Dollars in thousands)
	Below market interest rate:
	Commercial and industrial		-	$	-		$	-		-		$	-	$	-
	Construction		-		-			-		-			-		-
	Commercial real estate		-		-			-		-			-		-
	Loans to individuals & overdrafts		-		-			-		-			-		-
	1-to-4 family residential		-		-			-		-			-		-
	Multi-family residential		-		-			-		-			-		-
	HELOC		-		-			-		-			-		-
	Total		-		-			-		-			-		-
	Extended payment terms:
	Commercial and industrial		4		537			536		4			537		536
	Construction		2		134			134		2			134		134
	Commercial real estate		1		645			645		1			645		645
	Loans to individuals & overdrafts		-		-			-		-			-		-
	1-to-4 family residential		2		139			139		2			139		139
	Multi-family residential		-		-			-		-			-		-
	HELOC		-		-			-		-			-		-
	Total		9		1,455			1,454		9			1,455		1,454
	Other:
	Commercial and industrial		-		-			-		-			-		-
Construction		-		-			-		-			-		-
Commercial real estate		2		2,454			2,454		2			2,454		2,454
Loans to individuals & overdrafts		-		-			-		-			-		-
1-to-4 family residential		1		76			74		2			135		132
Multi-family residential		-		-			-		-			-		-
HELOC		-		-			-		-			-		-
Total		3		2,530			2,528		4			2,589		2,586
Total		12	$	3,985		$	3,982		13		$	4,044	$	4,040
The following table presents loans that were modified as TDRs within the past twelve months with a breakdown of the types for which there was a payment default together with concessions made by loan class during the three and six month periods ended June 30, 2014 and 2013:
	Three months ended					Six months ended
	June 30, 2014					June 30, 2014
	Number		Recorded			Number		Recorded
	of loans		investment			of loans		investment
	(Dollars in thousands)
Below market interest rate:
Commercial and industrial		-	$	-			-	$	-
Construction		-		-			-		-
Commercial real estate		-		-			-		-
Loans to individuals & overdrafts		-		-			-		-
1-to-4 family residential		-		-			1		22
Multi-family residential		-		-			-		-
HELOC		-		-			-		-
Total		-		-			1		22
Extended payment terms:
Commercial and industrial		-		-			-		-
Construction		-		-			-		-
Commercial real estate		1		947			1		947
Loans to individuals & overdrafts		-		-			-		-
1-to-4 family residential		-		-			-		-
Multi-family residential		-		-			-		-
HELOC		-		-			-		-
Total		1		947			1		947
Forgiveness of principal:
Commercial and industrial		-		-			-		-
Construction		-		-			-		-
Commercial real estate		-		-			-		-
Loans to individuals and overdrafts		-		-			-		-
1-to-4 family residential		-		-			-		-
Multi-family residential		-		-			-		-
HELOC		-		-			-		-
Total		-		-			-		-
Other:
Commercial and industrial		-		-			-		-
Construction		-		-			-		-
Commercial real estate		-		-			-		-
Loans to individuals and overdrafts		-		-			-		-
1-to-4 family residential		-		-			1		68
Multi-family residential		-		-			-		-
HELOC		-		-			-		-
Total		-		-			1		68
Total		1	$	947			3	$	1,037
	Three months ended					Six months ended
	June 30, 2013					June 30, 2013
	Number		Recorded			Number		Recorded
	of loans		investment			of loans		investment
	(Dollars in thousands)
Below market interest rate:
Commercial and industrial		-	$	-			-	$	-
Construction		-		-			-		-
Commercial real estate		-		-			-		-
Loans to individuals & overdrafts		-		-			-		-
1-to-4 family residential		-		-			-		-
Multi-family residential		-		-			-		-
HELOC		-		-			-		-
Total		-		-			-		-
Extended payment terms:
Commercial and industrial		2		163			2		163
Construction		2		133			2		133
Commercial real estate		-		-			-		-
Loans to individuals & overdrafts		-		-			-		-
1-to-4 family residential		1		47			1		47
Multi-family residential		-		-			-		-
HELOC		-		-			-		-
Total		5		343			5		343
Forgiveness of principal:
Commercial and industrial		-		-			-		-
Construction		-		-			-		-
Commercial real estate		-		-			-		-
Loans to individuals and overdrafts		-		-			-		-
1-to-4 family residential		-		-			-		-
Multi-family residential		-		-			-		-
HELOC		-		-			-		-
Total		-		-			-		-
Other:
Commercial and industrial		-		-			-		-
Construction		-		-			-		-
Commercial real estate		1		163			1		163
Loans to individuals and overdrafts		-		-			-		-
1-to-4 family residential		-		-			1		59
Multi-family residential		-		-			-		-
HELOC		-		-			-		-
Total		1		163			2		222
Total		6	$	506			7	$	565
Financing Receivable Credit Quality Indicators [Table Text Block]	'
	The following tables present information on risk ratings of the commercial and consumer loan portfolios, segregated by loan class as of June 30, 2014 and December 31, 2013, respectively:
	June 30, 2014
	Commercial
	Credit
	Exposure By	Commercial					Commercial
	Internally	and					real		Multi-family
	Assigned Grade	industrial		Construction			estate		residential
		(In thousands)
	Superior	$	835	$	35		$	-	$	-
	Very good		-		-			-		-
	Good		3,589		235			15,887		4,158
	Acceptable		16,874		1,831			59,526		7,922
	Acceptable with care		9,761		56,480			65,397		4,024
	Special mention		185		641			11,711		1,356
	Substandard		416		1,319			4,450		976
	Doubtful		-		-			-		-
	Loss		-		-			-		-
		$	31,660	$	60,541		$	156,971	$	18,436
	Consumer Credit
	Exposure By
	Internally	1-to-4 family
	Assigned Grade	residential		HELOC
	Pass	$	25,725	$	29,290
	Special mention		1,301		103
	Substandard		3,643		1,168
		$	30,669	$	30,561
	Consumer Credit
	Exposure Based	Loans to
	On Payment	individuals &
	Activity	overdrafts
	Pass	$	5,611
	Non –pass		48
		$	5,659
	December 31, 2013
	Commercial
	Credit
	Exposure By	Commercial					Commercial
	Internally	and					real		Multi-family
	Assigned Grade	industrial		Construction			estate		residential
		(dollars in thousands)
	Superior	$	830	$	40		$	-	$	-
	Very good		-		-			-		-
	Good		5,793		1,133			19,301		4,203
	Acceptable		11,572		2,838			63,447		6,812
	Acceptable with care		5,307		46,597			57,768		6,340
	Special mention		5,122		1,126			21,305		1,380
	Substandard		542		1,591			7,355		1,004
	Doubtful		-		-			-		-
	Loss		-		-			-		-
		$	29,166	$	53,325		$	169,176	$	19,739
	Consumer Credit
	Exposure By
	Internally	1-to-4 family
	Assigned Grade	residential		HELOC
	Pass	$	29,364	$	30,116
	Special mention		1,632		245
	Substandard		4,010		1,502
		$	35,006	$	31,863
	Consumer Credit
	Exposure Based	Loans to
	On Payment	individuals &
	Activity	overdrafts
	Pass	$	7,629
Non-pass		1,146
	$	8,775
Allowance for Credit Losses on Financing Receivables [Table Text Block]	'
	The following tables present a roll forward of the Company’s allowance for loan losses by loan class for the three month and six month periods ended June 30, 2014 and June 30, 2013, respectively:
		Three months ended June 30, 2014
		Commercial							1-to-4					Loans to		Multi-
		and					Commercial		Family					individuals &		Family
	Allowance for loan losses	industrial		Construction			real estate		residential			HELOC		overdrafts		residential		Total
		(In thousands)
	Balance, beginning of period 3/31/2014	$	513	$	889		$	3,283	$	585		$	1,293	$	171	$	291	$	7,025
	Provision (recovery) for loan losses		-4		110			-384		-9			-106		-9		-25		-427
	Loans charged-off		-		-			-		-			-231		-13		-		-244
	Recoveries		14		3			4		12			53		7		-		93
	Balance, end of period 6/30/2014	$	523	$	1,002		$	2,903	$	588		$	1,009	$	156	$	266	$	6,447
	Ending balance: individually evaluated for impairment	$	66	$	81		$	426	$	43		$	140	$	20	$	-	$	776
	Ending balance: collectively evaluated for impairment	$	457	$	921		$	2,477	$	545		$	869	$	136	$	266	$	5,671
	Loans:
	Ending balance	$	31,660	$	60,541		$	156,971	$	30,669		$	30,561	$	5,659	$	18,436	$	334,497
	Ending balance: individually evaluated for impairment	$	388	$	1,802		$	5,986	$	2,948		$	1,059	$	22	$	2,331	$	14,536
	Ending balance: collectively evaluated for impairment	$	31,272	$	58,739		$	150,985	$	27,721		$	29,502	$	5,637	$	16,105	$	319,961
		Six months ended June 30, 2014
		Commercial							1-to-4					Loans to		Multi-
		And					Commercial		family					individuals &		Family
	Allowance for loan losses	industrial		Construction			real estate		residential			HELOC		overdrafts		residential		Total
		(In thousands)
	Balance, beginning of period 1/1/2014	$	245	$	565		$	4,599	$	826		$	680	$	65	$	74	$	7,054
	Provision (recovery) for loan losses		318		376			-1,724		-274			539		97		192		-476
	Loans charged-off		-63		-			-		-1			-271		-19		-		-354
	Recoveries		23		61			28		37			61		13		-		223
	Balance, end of period 6/30/2014	$	523	$	1,002		$	2,903	$	588		$	1,009	$	156	$	266	$	6,447
	Ending balance: individually evaluated for impairment	$	66	$	81		$	426	$	43		$	140	$	20	$	-	$	776
	Ending balance: collectively evaluated for impairment	$	457	$	921		$	2,477	$	545		$	869	$	136	$	266	$	5,671
		Three months ended June 30, 2013
		Commercial							1-to-4					Loans to		Multi-
		and					Commercial		family					individuals &		Family
	Allowance for loan losses	industrial		Construction			real estate		residential			HELOC		overdrafts		residential		Total
		(In thousands)
	Balance, beginning of period 3/31/2013	$	339	$	626		$	5,110	$	920		$	635	$	73	$	72	$	7,775
	Provision (recovery) for loan losses		42		-15			-458		198			-68		-60		-14		-375
	Loans charged-off		-83		-			-137		-81			-29		-17		-		-347
	Recoveries		-48		-3			70		8			72		66		-		165
	Balance, end of period 6/30/2013	$	250	$	608		$	4,585	$	1,045		$	610	$	62	$	58	$	7,218
	Ending balance: individually evaluated for impairment	$	-	$	79		$	223	$	322		$	197	$	5	$	-	$	826
	Ending balance: collectively evaluated for impairment	$	250	$	529		$	4,362	$	723		$	413	$	57	$	58	$	6,392
	Loans:
	Ending balance	$	31,710	$	51,758		$	182,233	$	35,464		$	32,579	$	7,657	$	14,760	$	356,161
	Ending balance: individually evaluated for impairment	$	660	$	2,388		$	9,454	$	4,091		$	1,030	$	16	$	2,407	$	20,046
	Ending balance: collectively evaluated for impairment	$	31,050	$	49,370		$	172,779	$	31,373		$	31,549	$	7,641	$	12,353	$	336,115
		Six months ended June 30, 2013
		Commercial							1-to-4					Loans to		Multi-
		and					Commercial		family					individuals &		family
	Allowance for loan losses	industrial		Construction			real estate		residential			HELOC		overdrafts		residential		Total
		(In thousands)
	Balance, beginning of period 1/1/2013	$	278	$	798		$	4,946	$	1,070		$	627	$	72	$	106	$	7,897
	Provision (recovery) for loan losses		74		-190			-253		75			-54		-79		-48		-475
	Loans charged-off		-129		-			-180		-121			-39		-44		-		-513
	Recoveries		27		-			72		21			76		113		-		309
	Balance, end of period 6/30/2013	$	250	$	608		$	4,585	$	1,045		$	610	$	62	$	58	$	7,218
	Ending balance: individually evaluated for impairment	$	-	$	79		$	223	$	322		$	197	$	5	$	-	$	826
	Ending balance: collectively evaluated for impairment	$	250	$	529		$	4,362	$	723		$	413	$	57	$	58	$	6,392

ACCUMULATED_OTHER_COMPREHENSIV1

ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)	6 Months Ended
	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]	'
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	'
	The following table presents changes in accumulated other comprehensive income for the three months and six months ended June 30, 2014 and 2013.
		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2014		2013		2014		2013
		(In thousands)
	Beginning balance	$	132	$	922	$	-108	$	1,078
	Unrealized gain (loss) on investment securities available for sale		482		-1,171		718		-1,480
	Tax effect		-180		398		-267		503
	Other comprehensive gain (loss) before reclassification		302		-773		451		-977
	Amounts reclassified from accumulated comprehensive income:
	Realized loss on investment securities included in net income		65		63		211		136
	Tax effect		-24		-21		-79		-46
	Total reclassifications net of tax		41		42		132		90
	Net current period other comprehensive income (loss)		343		-731		583		-887
	Ending balance	$	475	$	191	$	475	$	191

PER_SHARE_RESULTS_Details

PER SHARE RESULTS (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Weighted average shares used for basic net income per share	6,923,640	6,921,352	6,922,651	6,916,233
Effect of dilutive stock options	4,788	1,590	3,667	1,238
Weighted average shares used for diluted net income per share	6,928,428	6,922,942	6,926,318	6,917,471

PER_SHARE_RESULTS_Details_Text

PER SHARE RESULTS (Details Textual)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	91,183	308,909

FAIR_VALUE_MEASUREMENTS_Detail

FAIR VALUE MEASUREMENTS (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Assets, Fair Value Disclosure, Recurring	$79,904	$83,836
US Government Agencies Debt Securities [Member]	'	'
Assets, Fair Value Disclosure, Recurring	27,159	34,665
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]	'	'
Assets, Fair Value Disclosure, Recurring	45,199	41,065
Municipal Bonds [Member]	'	'
Assets, Fair Value Disclosure, Recurring	7,546	8,106
Fair Value, Inputs, Level 1 [Member]	'	'
Assets, Fair Value Disclosure, Recurring	0	0
Fair Value, Inputs, Level 1 [Member] | US Government Agencies Debt Securities [Member]	'	'
Assets, Fair Value Disclosure, Recurring	0	0
Fair Value, Inputs, Level 1 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]	'	'
Assets, Fair Value Disclosure, Recurring	0	0
Fair Value, Inputs, Level 1 [Member] | Municipal Bonds [Member]	'	'
Assets, Fair Value Disclosure, Recurring	0	0
Fair Value, Inputs, Level 2 [Member]	'	'
Assets, Fair Value Disclosure, Recurring	79,904	83,836
Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member]	'	'
Assets, Fair Value Disclosure, Recurring	27,159	34,665
Fair Value, Inputs, Level 2 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]	'	'
Assets, Fair Value Disclosure, Recurring	45,199	41,065
Fair Value, Inputs, Level 2 [Member] | Municipal Bonds [Member]	'	'
Assets, Fair Value Disclosure, Recurring	7,546	8,106
Fair Value, Inputs, Level 3 [Member]	'	'
Assets, Fair Value Disclosure, Recurring	0	0
Fair Value, Inputs, Level 3 [Member] | US Government Agencies Debt Securities [Member]	'	'
Assets, Fair Value Disclosure, Recurring	0	0
Fair Value, Inputs, Level 3 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]	'	'
Assets, Fair Value Disclosure, Recurring	0	0
Fair Value, Inputs, Level 3 [Member] | Municipal Bonds [Member]	'	'
Assets, Fair Value Disclosure, Recurring	$0	$0

FAIR_VALUE_MEASUREMENTS_Detail1

FAIR VALUE MEASUREMENTS (Details 1) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Assets, Fair Value Disclosure, Nonrecurring	$2,511	$10,485
Impaired Loans [Member]	'	'
Assets, Fair Value Disclosure, Nonrecurring	4,947	8,477
Foreclosed Real Estate [Member]	'	'
Assets, Fair Value Disclosure, Nonrecurring	1,169	2,008
Fair Value, Inputs, Level 1 [Member]	'	'
Assets, Fair Value Disclosure, Nonrecurring	0	0
Fair Value, Inputs, Level 1 [Member] | Impaired Loans [Member]	'	'
Assets, Fair Value Disclosure, Nonrecurring	0	0
Fair Value, Inputs, Level 1 [Member] | Foreclosed Real Estate [Member]	'	'
Assets, Fair Value Disclosure, Nonrecurring	0	0
Fair Value, Inputs, Level 2 [Member]	'	'
Assets, Fair Value Disclosure, Nonrecurring	0	0
Fair Value, Inputs, Level 2 [Member] | Impaired Loans [Member]	'	'
Assets, Fair Value Disclosure, Nonrecurring	0	0
Fair Value, Inputs, Level 2 [Member] | Foreclosed Real Estate [Member]	'	'
Assets, Fair Value Disclosure, Nonrecurring	0	0
Fair Value, Inputs, Level 3 [Member]	'	'
Assets, Fair Value Disclosure, Nonrecurring	2,511	10,485
Fair Value, Inputs, Level 3 [Member] | Impaired Loans [Member]	'	'
Assets, Fair Value Disclosure, Nonrecurring	4,947	8,477
Fair Value, Inputs, Level 3 [Member] | Foreclosed Real Estate [Member]	'	'
Assets, Fair Value Disclosure, Nonrecurring	$1,169	$2,008

FAIR_VALUE_MEASUREMENTS_Detail2

FAIR VALUE MEASUREMENTS (Details Textual) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Impaired Loans Receivable	$14,500,000	$19,000,000
Assets, Fair Value Disclosure, Nonrecurring	2,511,000	10,485,000
Impaired Loans Required for Specific Reserves	4,100,000	7,400,000
Impaired Loans Specific Reserves	776,000	1,100,000
Other Impaired Loans Without Specific Reserves	1,600,000	2,100,000
Minimum [Member]	'	'
Percentage Of Discount From Impaired Loans	5.00%	'
Percentage Of Discount From Foreclosed Real Estate	6.00%	'
Maximum [Member]	'	'
Percentage Of Discount From Impaired Loans	40.00%	'
Percentage Of Discount From Foreclosed Real Estate	10.00%	'
Impaired Loans [Member]	'	'
Assets, Fair Value Disclosure, Nonrecurring	4,947,000	8,477,000
Impaired Loans [Member] | Fair Value, Measurements, Nonrecurring [Member]	'	'
Assets, Fair Value Disclosure, Nonrecurring	4,900,000	9,900,000
Foreclosed Real Estate [Member]	'	'
Assets, Fair Value Disclosure, Nonrecurring	$1,169,000	$2,008,000

FAIR_VALUE_OF_FINANCIAL_INSTRU2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Financial assets:	'	'
Cash and due from banks	$23,678	$20,151	[1]
Interest-earning deposits in other banks	46,740	49,690
Federal funds sold	3,028	3,028	[1]
Investment securities available for sale	79,904	83,836
Loans, net	327,421	339,446
Accrued interest receivable	1,466	1,650	[1]
Stock in the FHLB	562	796	[1]
Other non-marketable securities	1,041	1,055
Financial liabilities:	'	'
Deposits	428,734	448,458	[1]
Short-term debt	7,179	6,305	[1]
Long-term debt	12,372	12,372	[1]
Accrued interest payable	207	225	[1]
Fair Value, Inputs, Level 1 [Member]	'	'
Financial assets:	'	'
Cash and due from banks	23,678	20,151
Interest-earning deposits in other banks	46,740	49,690
Federal funds sold	3,028	3,028
Investment securities available for sale	0	0
Loans, net	0	0
Accrued interest receivable	0	0
Stock in the FHLB	0	0
Other non-marketable securities	0	0
Financial liabilities:	'	'
Deposits	0	0
Short-term debt	0	0
Long-term debt	0	0
Accrued interest payable	0	0
Fair Value, Inputs, Level 2 [Member]	'	'
Financial assets:	'	'
Cash and due from banks	0	0
Interest-earning deposits in other banks	0	0
Federal funds sold	0	0
Investment securities available for sale	79,904	83,836
Loans, net	0	0
Accrued interest receivable	0	0
Stock in the FHLB	0	0
Other non-marketable securities	0	0
Financial liabilities:	'	'
Deposits	431,907	452,529
Short-term debt	7,179	6,305
Long-term debt	7,517	7,517
Accrued interest payable	0	0
Fair Value, Inputs, Level 3 [Member]	'	'
Financial assets:	'	'
Cash and due from banks	0	0
Interest-earning deposits in other banks	0	0
Federal funds sold	0	0
Investment securities available for sale	0	0
Loans, net	335,098	353,439
Accrued interest receivable	1,466	1,650
Stock in the FHLB	562	796
Other non-marketable securities	1,041	1,055
Financial liabilities:	'	'
Deposits	0	0
Short-term debt	0	0
Long-term debt	0	0
Accrued interest payable	207	225
Estimate of Fair Value Measurement [Member]	'	'
Financial assets:	'	'
Cash and due from banks	23,678	20,151
Interest-earning deposits in other banks	46,740	49,690
Federal funds sold	3,028	3,028
Investment securities available for sale	79,904	83,836
Loans, net	335,098	353,439
Accrued interest receivable	1,466	1,650
Stock in the FHLB	562	796
Other non-marketable securities	1,041	1,055
Financial liabilities:	'	'
Deposits	431,907	452,529
Short-term debt	7,179	6,305
Long-term debt	7,517	7,517
Accrued interest payable	$207	$225
[1]	Derived from audited consolidated financial statements.

INVESTMENT_SECURITIES_Details

INVESTMENT SECURITIES (Details) (USD $)	6 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Investments Classified By Contractual Maturity Date [Line Items]	'	'
Available-for-sale Securities, Amortized Cost Total	$79,147	$84,009
Available-for-sale Securities, Fair Value Total	79,904	83,836	[1]
Available-for-sale Securities, Gross unrealized gains, Total	1,284	1,000
Available-for-sale Securities, Gross Unrealized Loss, Total	-527	-1,173
Us Government Agencies Debt Securities [Member]	'	'
Investments Classified By Contractual Maturity Date [Line Items]	'	'
Amortized cost Within 1 year	9,770	10,520
Gross unrealized gains Within 1 year	21	25
Gross unrealized losses Within 1 year	0	0
Fair value Within 1 year	9,791	10,545
Amortized cost After 1 year but within 5 years	2,437	8,820
Gross unrealized gains After 1 year but within 5 years	4	17
Gross unrealized losses After 1 year but within 5 years	-7	-10
Fair value After 1 year but within 5 years	2,434	8,827
Amortized cost After 5 years but within 10 years	11,821	7,376
Gross unrealized gains After 5 years but within 10 years	9	0
Gross unrealized losses After 5 years but within 10 years	-308	-549
Fair value After 5 years but within 10 years	11,522	6,827
Amortized cost After 10 years	3,466	8,524
Gross unrealized gains After 10 years	0	11
Gross unrealized losses After 10 years	-54	-69
Fair value After 10 years	3,412	8,466
Mortgage-Backed Securities, Issued By Us Government Sponsored Enterprises [Member]	'	'
Investments Classified By Contractual Maturity Date [Line Items]	'	'
Amortized cost Within 1 year	46	133
Gross unrealized gains Within 1 year	3	7
Gross unrealized losses Within 1 year	0	0
Fair value Within 1 year	49	140
Amortized cost After 1 year but within 5 years	23,995	35,352
Gross unrealized gains After 1 year but within 5 years	901	659
Gross unrealized losses After 1 year but within 5 years	0	-155
Fair value After 1 year but within 5 years	24,896	35,856
Amortized cost After 5 years but within 10 years	20,326	5,316
Gross unrealized gains After 5 years but within 10 years	75	0
Gross unrealized losses After 5 years but within 10 years	-147	-247
Fair value After 5 years but within 10 years	20,254	5,069
Municipal Bonds [Member]	'	'
Investments Classified By Contractual Maturity Date [Line Items]	'	'
Amortized cost Within 1 year	577	100
Gross unrealized gains Within 1 year	10	1
Gross unrealized losses Within 1 year	0	0
Fair value Within 1 year	587	101
Amortized cost After 1 year but within 5 years	2,529	3,036
Gross unrealized gains After 1 year but within 5 years	169	196
Gross unrealized losses After 1 year but within 5 years	0	0
Fair value After 1 year but within 5 years	2,698	3,232
Amortized cost After 5 years but within 10 years	3,369	3,306
Gross unrealized gains After 5 years but within 10 years	83	30
Gross unrealized losses After 5 years but within 10 years	-5	-112
Fair value After 5 years but within 10 years	3,447	3,224
Amortized cost After 10 years	811	1,526
Gross unrealized gains After 10 years	9	54
Gross unrealized losses After 10 years	-6	-31
Fair value After 10 years	$814	$1,549
[1]	Derived from audited consolidated financial statements.

INVESTMENT_SECURITIES_Details_

INVESTMENT SECURITIES (Details 1) (USD $)	6 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
US Government Agencies Debt Securities [Member]	'	'
Securities available for sale:	'	'
Less Than 12 Months Fair value	$9,162	$11,908
Less than 12 Months Unrealized losses	-101	-239
12 Months or More Fair value	5,732	3,611
12 Months or More Unrealized losses	-268	-389
Total Fair value	14,894	15,519
Total Unrealized losses	-369	-628
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]	'	'
Securities available for sale:	'	'
Less Than 12 Months Fair value	8,761	21,762
Less than 12 Months Unrealized losses	-48	-312
12 Months or More Fair value	4,905	1,777
12 Months or More Unrealized losses	-99	-90
Total Fair value	13,666	23,539
Total Unrealized losses	-147	-402
Municipal Bonds [Member]	'	'
Securities available for sale:	'	'
Less Than 12 Months Fair value	1,752	2,719
Less than 12 Months Unrealized losses	-3	-143
12 Months or More Fair value	522	0
12 Months or More Unrealized losses	-8	0
Total Fair value	2,274	2,719
Total Unrealized losses	-11	-143
Temporarily Impaired Securities [Member]	'	'
Securities available for sale:	'	'
Less Than 12 Months Fair value	19,675	36,389
Less than 12 Months Unrealized losses	-152	-694
12 Months or More Fair value	11,159	5,388
12 Months or More Unrealized losses	-375	-479
Total Fair value	30,834	41,777
Total Unrealized losses	($527)	($1,173)

INVESTMENT_SECURITIES_Details_1

INVESTMENT SECURITIES (Details Textual) (USD $)	6 Months Ended	12 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
Investment Securities [Line Items]	'	'
Available-for-sale Securities, Gross Unrealized Gain (Loss)	$757,000	$173,000
Deferred Income Taxes and Other Liabilities, Noncurrent	$346,000	$65,000
Trading Securities, Description	'Three U.S. government agency GSEs, four mortgage-backed GSEs, and two municipal bonds had unrealized losses for more than twelve months totaling $375,000 at June 30, 2014.	'Two U.S. government agency GSEs and one mortgage-backed GSE had unrealized losses for more than twelve months totaling $479,000 at December 31, 2013.

LOANS_Details

LOANS (Details) (USD $)	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013		Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'		'	'	'
Gross loans	$334,497	'	$347,050		'	'	'
Less deferred loan origination fees, net	-629	'	-550		'	'	'
Loans	333,868	'	346,500	[1]	356,161	'	'
Allowance for loan losses	-6,447	-7,025	-7,054	[1]	-7,218	-7,775	-7,897
Total loans, net	327,421	'	339,446	[1]	'	'	'
Percentage of Deferred Origination Fees	-0.19%	'	-0.16%		'	'	'
Percent of Loans	100.00%	'	100.00%		'	'	'
Family Residential Real Estate 1 to 4 [Member]	'	'	'		'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'		'	'	'
Loans	30,669	'	35,006		35,464	'	'
Allowance for loan losses	-588	-585	-826		-1,045	-920	-1,070
Percent of Loans	9.19%	'	10.10%		'	'	'
Commercial Real Estate [Member]	'	'	'		'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'		'	'	'
Loans	156,971	'	169,176		182,233	'	'
Allowance for loan losses	-2,903	-3,283	-4,599		-4,585	-5,110	-4,946
Percent of Loans	47.02%	'	48.82%		'	'	'
Multi Family Residential Real Estate [Member]	'	'	'		'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'		'	'	'
Loans	18,436	'	19,739		14,760	'	'
Allowance for loan losses	-266	-291	-74		-58	-72	-106
Percent of Loans	5.52%	'	5.70%		'	'	'
Construction Loans Real Estate [Member]	'	'	'		'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'		'	'	'
Loans	60,541	'	53,325		51,758	'	'
Allowance for loan losses	-1,002	-889	-565		-608	-626	-798
Percent of Loans	18.13%	'	15.39%		'	'	'
Home Equity Line of Credit [Member]	'	'	'		'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'		'	'	'
Loans	30,561	'	31,863		32,579	'	'
Allowance for loan losses	-1,009	-1,293	-680		-610	-635	-627
Percent of Loans	9.15%	'	9.20%		'	'	'
Real Estate [Member]	'	'	'		'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'		'	'	'
Loans	297,178	'	309,109		'	'	'
Percent of Loans	89.01%	'	89.21%		'	'	'
Commercial and Industrial Other [Member]	'	'	'		'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'		'	'	'
Loans	31,660	'	29,166		31,710	'	'
Allowance for loan losses	-523	-513	-245		-250	-339	-278
Percent of Loans	9.48%	'	8.42%		'	'	'
Loans to Individuals [Member]	'	'	'		'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'		'	'	'
Loans	5,504	'	8,584		'	'	'
Percent of Loans	1.65%	'	2.48%		'	'	'
Overdrafts [Member]	'	'	'		'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'		'	'	'
Loans	155	'	191		'	'	'
Percent of Loans	0.05%	'	0.05%		'	'	'
Other Loans [Member]	'	'	'		'	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'		'	'	'
Loans	$37,319	'	$37,941		'	'	'
Percent of Loans	11.18%	'	10.95%		'	'	'
[1]	Derived from audited consolidated financial statements.

LOANS_Details_1

LOANS (Details 1) (USD $)	Jun. 30, 2014	Dec. 31, 2013		Jun. 30, 2013
In Thousands, unless otherwise specified
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'		'
30+ Days Past Due	$513	$874		'
Non-Accrual Loans	7,607	9,319		'
Total Past Due	8,120	10,193		'
Current	326,377	336,857		'
Deferred loan (fees) cost, net	-629	-550		'
Total Loans	333,868	346,500	[1]	356,161
Commercial and Industrial [Member]	'	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'		'
30+ Days Past Due	173	70		'
Non-Accrual Loans	265	330		'
Total Past Due	438	400		'
Current	31,222	28,766		'
Total Loans	31,660	29,166		31,710
Construction Loans Real Estate [Member]	'	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'		'
30+ Days Past Due	18	36		'
Non-Accrual Loans	889	1,206		'
Total Past Due	907	1,242		'
Current	59,634	52,083		'
Total Loans	60,541	53,325		51,758
Multi Family Residential Real Estate [Member]	'	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'		'
30+ Days Past Due	0	0		'
Non-Accrual Loans	955	1,004		'
Total Past Due	955	1,004		'
Current	17,481	18,735		'
Total Loans	18,436	19,739		14,760
Commercial Real Estate [Member]	'	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'		'
30+ Days Past Due	2	446		'
Non-Accrual Loans	3,208	4,441		'
Total Past Due	3,210	4,887		'
Current	153,761	164,289		'
Total Loans	156,971	169,176		182,233
Loans to Individuals and Overdrafts [Member]	'	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'		'
30+ Days Past Due	12	4		'
Non-Accrual Loans	22	5		'
Total Past Due	34	9		'
Current	5,625	8,766		'
Total Loans	5,659	8,775		7,657
Family Residential Real Estate 1 to 4 [Member]	'	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'		'
30+ Days Past Due	286	318		'
Non-Accrual Loans	1,282	1,092		'
Total Past Due	1,568	1,410		'
Current	29,101	33,596		'
Total Loans	30,669	35,006		35,464
Home Equity Line of Credit [Member]	'	'		'
Financing Receivable, Recorded Investment, Past Due [Line Items]	'	'		'
30+ Days Past Due	22	0		'
Non-Accrual Loans	986	1,241		'
Total Past Due	1,008	1,241		'
Current	29,553	30,622		'
Total Loans	$30,561	$31,863		$32,579
[1]	Derived from audited consolidated financial statements.

LOANS_Details_2

LOANS (Details 2) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Financing Receivable, Impaired [Line Items]	'	'	'	'	'
With no related allowance, Recorded Investment	$10,398	'	$10,398	'	$11,584
With no related allowance, Contractual Unpaid Principal Balance	12,599	'	12,599	'	13,511
With no related allowance, Average Recorded Investment	10,658	13,208	11,684	13,378	'
With no related allowance, Interest Income Recognized on Impaired Loans	132	209	315	312	'
With an related allowance, Recorded Investment	4,138	'	4,138	'	7,398
With an related allowance, Contractual Unpaid Principal Balance	5,105	'	5,105	'	7,476
Related Allowance	776	'	776	'	1,103
With an related allowance, Average Recorded Investment	4,105	5,799	5,768	5,867	'
With an related allowance, Interest Income Recognized on Impaired Loans	48	26	71	66	'
Recorded Investment Total	14,536	'	14,536	'	18,982
Contractual Unpaid Principal Balance Total	17,704	'	17,704	'	20,987
Related Allowance Total	776	'	776	'	1,103
Average Recorded Investment Total	14,763	19,007	17,452	19,245	'
Interest Income Recognized on impaired Loans Total	180	235	386	378	'
Residential Real Estate [Member]	'	'	'	'	'
Financing Receivable, Impaired [Line Items]	'	'	'	'	'
Recorded Investment Total	4,007	'	4,007	'	4,300
Contractual Unpaid Principal Balance Total	4,795	'	4,795	'	4,691
Related Allowance Total	183	'	183	'	408
Average Recorded Investment Total	4,097	4,366	4,718	4,400	'
Interest Income Recognized on impaired Loans Total	54	54	114	97	'
Commercial Loan [Member]	'	'	'	'	'
Financing Receivable, Impaired [Line Items]	'	'	'	'	'
Recorded Investment Total	10,507	'	10,507	'	14,677
Contractual Unpaid Principal Balance Total	12,884	'	12,884	'	16,291
Related Allowance Total	573	'	573	'	695
Average Recorded Investment Total	10,654	14,627	12,721	14,827	'
Interest Income Recognized on impaired Loans Total	126	181	272	281	'
Consumer Loan [Member]	'	'	'	'	'
Financing Receivable, Impaired [Line Items]	'	'	'	'	'
Recorded Investment Total	22	'	22	'	5
Contractual Unpaid Principal Balance Total	25	'	25	'	5
Related Allowance Total	20	'	20	'	0
Average Recorded Investment Total	12	14	13	18	'
Interest Income Recognized on impaired Loans Total	0	0	0	0	'
Commercial and Industrial [Member]	'	'	'	'	'
Financing Receivable, Impaired [Line Items]	'	'	'	'	'
With no related allowance, Recorded Investment	122	'	122	'	196
With no related allowance, Contractual Unpaid Principal Balance	122	'	122	'	257
With no related allowance, Average Recorded Investment	124	500	159	515	'
With no related allowance, Interest Income Recognized on Impaired Loans	2	17	5	21	'
With an related allowance, Recorded Investment	266	'	266	'	267
With an related allowance, Contractual Unpaid Principal Balance	266	'	266	'	267
Related Allowance	66	'	66	'	63
With an related allowance, Average Recorded Investment	265	79	266	75	'
With an related allowance, Interest Income Recognized on Impaired Loans	0	0	0	0	'
Construction Loans Real Estate [Member]	'	'	'	'	'
Financing Receivable, Impaired [Line Items]	'	'	'	'	'
With no related allowance, Recorded Investment	1,634	'	1,634	'	2,059
With no related allowance, Contractual Unpaid Principal Balance	1,848	'	1,848	'	2,311
With no related allowance, Average Recorded Investment	1,706	1,881	1,846	2,046	'
With no related allowance, Interest Income Recognized on Impaired Loans	20	2	43	4	'
With an related allowance, Recorded Investment	168	'	168	'	328
With an related allowance, Contractual Unpaid Principal Balance	168	'	168	'	406
Related Allowance	81	'	81	'	91
With an related allowance, Average Recorded Investment	168	472	248	403	'
With an related allowance, Interest Income Recognized on Impaired Loans	0	5	0	7	'
Commercial Real Estate [Member]	'	'	'	'	'
Financing Receivable, Impaired [Line Items]	'	'	'	'	'
With no related allowance, Recorded Investment	3,271	'	3,271	'	3,748
With no related allowance, Contractual Unpaid Principal Balance	4,441	'	4,441	'	4,971
With no related allowance, Average Recorded Investment	3,363	5,812	3,639	5,870	'
With no related allowance, Interest Income Recognized on Impaired Loans	37	124	107	147	'
With an related allowance, Recorded Investment	2,715	'	2,715	'	5,695
With an related allowance, Contractual Unpaid Principal Balance	3,434	'	3,434	'	5,695
Related Allowance	426	'	426	'	541
With an related allowance, Average Recorded Investment	2,693	3,972	4,205	4,150	'
With an related allowance, Interest Income Recognized on Impaired Loans	31	0	42	30	'
Loans to Individuals and Overdrafts [Member]	'	'	'	'	'
Financing Receivable, Impaired [Line Items]	'	'	'	'	'
With no related allowance, Recorded Investment	2	'	2	'	3
With no related allowance, Contractual Unpaid Principal Balance	5	'	5	'	3
With no related allowance, Average Recorded Investment	2	1	'	2	'
With no related allowance, Interest Income Recognized on Impaired Loans	0	0	2	0	'
With an related allowance, Recorded Investment	20	'	20	'	2
With an related allowance, Contractual Unpaid Principal Balance	20	'	20	'	2
Related Allowance	20	'	20	'	0
With an related allowance, Average Recorded Investment	10	13	'	16	'
With an related allowance, Interest Income Recognized on Impaired Loans	0	0	11	0	'
Multi Family Residential Real Estate [Member]	'	'	'	'	'
Financing Receivable, Impaired [Line Items]	'	'	'	'	'
With no related allowance, Recorded Investment	2,331	'	2,331	'	2,384
With no related allowance, Contractual Unpaid Principal Balance	2,605	'	2,605	'	2,384
With no related allowance, Average Recorded Investment	2,335	1,911	2,358	1,755	'
With no related allowance, Interest Income Recognized on Impaired Loans	36	33	75	72	'
With an related allowance, Recorded Investment	0	'	0	'	0
With an related allowance, Contractual Unpaid Principal Balance	0	'	0	'	0
Related Allowance	0	'	0	'	0
With an related allowance, Average Recorded Investment	0	0	0	13	'
With an related allowance, Interest Income Recognized on Impaired Loans	0	0	0	0	'
Family Residential Real Estate 1 to 4 [Member]	'	'	'	'	'
Financing Receivable, Impaired [Line Items]	'	'	'	'	'
With no related allowance, Recorded Investment	2,379	'	2,379	'	2,427
With no related allowance, Contractual Unpaid Principal Balance	2,804	'	2,804	'	2,731
With no related allowance, Average Recorded Investment	2,421	396	2,967	477	'
With no related allowance, Interest Income Recognized on Impaired Loans	25	2	64	4	'
With an related allowance, Recorded Investment	569	'	569	'	553
With an related allowance, Contractual Unpaid Principal Balance	574	'	574	'	553
Related Allowance	43	'	43	'	320
With an related allowance, Average Recorded Investment	496	947	561	940	'
With an related allowance, Interest Income Recognized on Impaired Loans	13	20	20	28	'
Home Equity Line of Credit [Member]	'	'	'	'	'
Financing Receivable, Impaired [Line Items]	'	'	'	'	'
With no related allowance, Recorded Investment	659	'	659	'	767
With no related allowance, Contractual Unpaid Principal Balance	774	'	774	'	854
With no related allowance, Average Recorded Investment	707	2,707	713	2,713	'
With no related allowance, Interest Income Recognized on Impaired Loans	12	31	21	64	'
With an related allowance, Recorded Investment	400	'	400	'	553
With an related allowance, Contractual Unpaid Principal Balance	643	'	643	'	553
Related Allowance	140	'	140	'	88
With an related allowance, Average Recorded Investment	473	316	477	270	'
With an related allowance, Interest Income Recognized on Impaired Loans	$4	$1	$9	$1	'

LOANS_Details_3

LOANS (Details 3) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
	Number	Number	Number	Number
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	2	12	3	13
Pre-Modification Outstanding Recorded Investment	$993	$3,985	$1,015	$4,044
Post-Modification Outstanding Recorded Investment	984	3,982	1,006	4,040
Number of TDRs loans	1	6	3	7
Recorded investment	947	506	1,037	565
Commercial and Inustrial Below Market Interest Rate [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	0	0	0
Pre-Modification Outstanding Recorded Investment	0	0	0	0
Post-Modification Outstanding Recorded Investment	0	0	0	0
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Construction Below Market Interest Rate [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	0	0	0
Pre-Modification Outstanding Recorded Investment	0	0	0	0
Post-Modification Outstanding Recorded Investment	0	0	0	0
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Commercial Real Estate Below Market Interest Rate [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	0	0	0
Pre-Modification Outstanding Recorded Investment	0	0	0	0
Post-Modification Outstanding Recorded Investment	0	0	0	0
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Loans to Individuals and Overdrafts Below Market Interest Rate [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	0	0	0
Pre-Modification Outstanding Recorded Investment	0	0	0	0
Post-Modification Outstanding Recorded Investment	0	0	0	0
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Residential 1 to 4 Family Below Market Interest Rate [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	0	1	0
Pre-Modification Outstanding Recorded Investment	0	0	22	0
Post-Modification Outstanding Recorded Investment	0	0	22	0
Number of TDRs loans	0	0	1	0
Recorded investment	0	0	22	0
Multi Family Residential Below Market Interest Rate [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	0	0	0
Pre-Modification Outstanding Recorded Investment	0	0	0	0
Post-Modification Outstanding Recorded Investment	0	0	0	0
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Home Equity Line of Credit Below Market Interest Rate [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	0	0	0
Pre-Modification Outstanding Recorded Investment	0	0	0	0
Post-Modification Outstanding Recorded Investment	0	0	0	0
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Below Market Interest Rate [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	0	1	0
Pre-Modification Outstanding Recorded Investment	0	0	22	0
Post-Modification Outstanding Recorded Investment	0	0	22	0
Number of TDRs loans	0	0	1	0
Recorded investment	0	0	22	0
Commercial and Inustrial Extended Payment Term [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	4	0	4
Pre-Modification Outstanding Recorded Investment	0	537	0	537
Post-Modification Outstanding Recorded Investment	0	536	0	536
Number of TDRs loans	0	2	0	2
Recorded investment	0	163	0	163
Construction Extended Payment Term [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	2	0	2
Pre-Modification Outstanding Recorded Investment	0	134	0	134
Post-Modification Outstanding Recorded Investment	0	134	0	134
Number of TDRs loans	0	2	0	2
Recorded investment	0	133	0	133
Commercial Real Estate Extended Payment Term [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	1	1	1	1
Pre-Modification Outstanding Recorded Investment	46	645	46	645
Post-Modification Outstanding Recorded Investment	42	645	42	645
Number of TDRs loans	1	0	1	0
Recorded investment	947	0	947	0
Loans to Individuals and Overdrafts Extended Payment Term [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	0	0	0
Pre-Modification Outstanding Recorded Investment	0	0	0	0
Post-Modification Outstanding Recorded Investment	0	0	0	0
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Residential 1 to 4 Family Extended Payment Term [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	1	2	1	2
Pre-Modification Outstanding Recorded Investment	947	139	947	139
Post-Modification Outstanding Recorded Investment	942	139	942	139
Number of TDRs loans	0	1	0	1
Recorded investment	0	47	0	47
Multi Family Residential Extended Payment Term [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	0	0	0
Pre-Modification Outstanding Recorded Investment	0	0	0	0
Post-Modification Outstanding Recorded Investment	0	0	0	0
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Home Equity Line of Credit Extended Payment Term [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	0	0	0
Pre-Modification Outstanding Recorded Investment	0	0	'	0
Post-Modification Outstanding Recorded Investment	0	0	'	0
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Extended Payment Term [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	2	9	2	9
Pre-Modification Outstanding Recorded Investment	993	1,455	993	1,455
Post-Modification Outstanding Recorded Investment	984	1,454	984	1,454
Number of TDRs loans	1	5	1	5
Recorded investment	947	343	947	343
Commercial and Inustrial Forgiveness of Principal [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Construction Forgiveness of Principal [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Commercial Real Estate Forgiveness of Principal [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Loans to Individuals and Overdrafts Forgiveness of Principal [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Residential 1 to 4 Family Forgiveness of Principal [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Multi Family Residential Forgiveness of Principal [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Home Equity Line of Credit Forgiveness of Principal [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Forgiveness of Principal [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Commercial and Industrial Other [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	0	0	0
Pre-Modification Outstanding Recorded Investment	0	0	0	0
Post-Modification Outstanding Recorded Investment	0	0	0	0
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Construction Other [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	0	0	0
Pre-Modification Outstanding Recorded Investment	0	0	0	0
Post-Modification Outstanding Recorded Investment	0	0	0	0
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Commercial Real Estate Other [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	2	0	2
Pre-Modification Outstanding Recorded Investment	0	2,454	0	2,454
Post-Modification Outstanding Recorded Investment	0	2,454	0	2,454
Number of TDRs loans	0	1	0	1
Recorded investment	0	163	0	163
Loans to Individuals and Overdrafts Other [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	0	0	0
Pre-Modification Outstanding Recorded Investment	0	0	0	0
Post-Modification Outstanding Recorded Investment	0	0	0	0
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Residential 1 to 4 Family Other [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	1	0	2
Pre-Modification Outstanding Recorded Investment	0	76	0	135
Post-Modification Outstanding Recorded Investment	0	74	0	132
Number of TDRs loans	0	0	1	1
Recorded investment	0	0	68	59
Multi Family Residential Other [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	0	0	0
Pre-Modification Outstanding Recorded Investment	0	0	0	0
Post-Modification Outstanding Recorded Investment	0	0	0	0
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Home Equity Line of Credit Other [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	0	0	0
Pre-Modification Outstanding Recorded Investment	0	0	0	0
Post-Modification Outstanding Recorded Investment	0	0	0	0
Number of TDRs loans	0	0	0	0
Recorded investment	0	0	0	0
Other [Member]	'	'	'	'
Financing Receivable, Modifications [Line Items]	'	'	'	'
Number of loans	0	3	0	4
Pre-Modification Outstanding Recorded Investment	0	2,530	0	2,589
Post-Modification Outstanding Recorded Investment	0	2,528	0	2,586
Number of TDRs loans	0	1	1	2
Recorded investment	$0	$163	$68	$222

LOANS_Details_4

LOANS (Details 4) (USD $)	Jun. 30, 2014	Dec. 31, 2013		Jun. 30, 2013
In Thousands, unless otherwise specified
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	$333,868	$346,500	[1]	$356,161
Commercial and Industrial [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	31,660	29,166		31,710
Commercial and Industrial [Member] | Superior [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	835	830		'
Commercial and Industrial [Member] | Very Good [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	0	0		'
Commercial and Industrial [Member] | Good [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	3,589	5,793		'
Commercial and Industrial [Member] | Acceptable [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	16,874	11,572		'
Commercial and Industrial [Member] | Acceptable With Care [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	9,761	5,307		'
Commercial and Industrial [Member] | Special Mention [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	185	5,122		'
Commercial and Industrial [Member] | Substandard [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	416	542		'
Commercial and Industrial [Member] | Doubtful [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	0	0		'
Commercial and Industrial [Member] | Loss [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	0	0		'
Construction Loans [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	60,541	53,325		'
Construction Loans [Member] | Superior [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	35	40		'
Construction Loans [Member] | Very Good [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	0	0		'
Construction Loans [Member] | Good [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	235	1,133		'
Construction Loans [Member] | Acceptable [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	1,831	2,838		'
Construction Loans [Member] | Acceptable With Care [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	56,480	46,597		'
Construction Loans [Member] | Special Mention [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	641	1,126		'
Construction Loans [Member] | Substandard [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	1,319	1,591		'
Construction Loans [Member] | Doubtful [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	0	0		'
Construction Loans [Member] | Loss [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	0	0		'
Commercial Real Estate [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	156,971	169,176		182,233
Commercial Real Estate [Member] | Superior [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	0	0		'
Commercial Real Estate [Member] | Very Good [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	0	0		'
Commercial Real Estate [Member] | Good [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	15,887	19,301		'
Commercial Real Estate [Member] | Acceptable [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	59,526	63,447		'
Commercial Real Estate [Member] | Acceptable With Care [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	65,397	57,768		'
Commercial Real Estate [Member] | Special Mention [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	11,711	21,305		'
Commercial Real Estate [Member] | Substandard [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	4,450	7,355		'
Commercial Real Estate [Member] | Doubtful [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	0	0		'
Commercial Real Estate [Member] | Loss [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	0	0		'
Multi Family Residential Real Estate [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	18,436	19,739		14,760
Multi Family Residential Real Estate [Member] | Superior [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	0	0		'
Multi Family Residential Real Estate [Member] | Very Good [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	0	0		'
Multi Family Residential Real Estate [Member] | Good [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	4,158	4,203		'
Multi Family Residential Real Estate [Member] | Acceptable [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	7,922	6,812		'
Multi Family Residential Real Estate [Member] | Acceptable With Care [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	4,024	6,340		'
Multi Family Residential Real Estate [Member] | Special Mention [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	1,356	1,380		'
Multi Family Residential Real Estate [Member] | Substandard [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	976	1,004		'
Multi Family Residential Real Estate [Member] | Doubtful [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	0	0		'
Multi Family Residential Real Estate [Member] | Loss [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	0	0		'
Loans to Individuals and Overdrafts [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	5,659	8,775		7,657
Loans to Individuals and Overdrafts [Member] | Pass [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	5,611	7,629		'
Loans to Individuals and Overdrafts [Member] | Non-Pass [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	48	1,146		'
Family Residential Real Estate 1 to 4 [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	30,669	35,006		35,464
Family Residential Real Estate 1 to 4 [Member] | Pass [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	25,725	29,364		'
Family Residential Real Estate 1 to 4 [Member] | Special Mention [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	1,301	1,632		'
Family Residential Real Estate 1 to 4 [Member] | Substandard [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	3,643	4,010		'
Home Equity Line Of Credit [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	30,561	31,863		32,579
Home Equity Line Of Credit [Member] | Pass [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	29,290	30,116		'
Home Equity Line Of Credit [Member] | Special Mention [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	103	245		'
Home Equity Line Of Credit [Member] | Substandard [Member]	'	'		'
Financing Receivable, Recorded Investment [Line Items]	'	'		'
Loans	$1,168	$1,502		'
[1]	Derived from audited consolidated financial statements.

LOANS_Details_5

LOANS (Details 5) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014		Jun. 30, 2013	Dec. 31, 2013
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'		'	'
Allowance for loan losses, Balance, beginning of period	$7,025	$7,775	$7,054	[1]	$7,897	'
Provision (recovery) for loan losses	-427	-375	-476		-475	'
Loans charged-off	-244	-347	-354		-513	'
Recoveries	93	165	223		309	'
Allowance for loan losses, Balance, end of period	6,447	7,218	6,447		7,218	'
Ending balance: individually evaluated for impairment	776	826	776		826	'
Ending balance: collectively evaluated for impairment	5,671	6,392	5,671		6,392	'
Loans:	'	'	'		'	'
Ending balance	333,868	356,161	333,868		356,161	346,500	[1]
Ending balance: individually evaluated for impairment	14,536	20,046	14,536		20,046	'
Ending balance: collectively evaluated for impairment	319,961	336,115	319,961		336,115	'
Commercial and Industrial [Member]	'	'	'		'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'		'	'
Allowance for loan losses, Balance, beginning of period	513	339	245		278	'
Provision (recovery) for loan losses	-4	42	318		74	'
Loans charged-off	0	-83	-63		-129	'
Recoveries	14	-48	23		27	'
Allowance for loan losses, Balance, end of period	523	250	523		250	'
Ending balance: individually evaluated for impairment	66	0	66		0	'
Ending balance: collectively evaluated for impairment	457	250	457		250	'
Loans:	'	'	'		'	'
Ending balance	31,660	31,710	31,660		31,710	29,166
Ending balance: individually evaluated for impairment	388	660	388		660	'
Ending balance: collectively evaluated for impairment	31,272	31,050	31,272		31,050	'
Construction Loans Real Estate [Member]	'	'	'		'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'		'	'
Allowance for loan losses, Balance, beginning of period	889	626	565		798	'
Provision (recovery) for loan losses	110	-15	376		-190	'
Loans charged-off	0	0	0		0	'
Recoveries	3	-3	61		0	'
Allowance for loan losses, Balance, end of period	1,002	608	1,002		608	'
Ending balance: individually evaluated for impairment	81	79	81		79	'
Ending balance: collectively evaluated for impairment	921	529	921		529	'
Loans:	'	'	'		'	'
Ending balance	60,541	51,758	60,541		51,758	53,325
Ending balance: individually evaluated for impairment	1,802	2,388	1,802		2,388	'
Ending balance: collectively evaluated for impairment	58,739	49,370	58,739		49,370	'
Commercial Real Estate [Member]	'	'	'		'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'		'	'
Allowance for loan losses, Balance, beginning of period	3,283	5,110	4,599		4,946	'
Provision (recovery) for loan losses	-384	-458	-1,724		-253	'
Loans charged-off	0	-137	0		-180	'
Recoveries	4	70	28		72	'
Allowance for loan losses, Balance, end of period	2,903	4,585	2,903		4,585	'
Ending balance: individually evaluated for impairment	426	223	426		223	'
Ending balance: collectively evaluated for impairment	2,477	4,362	2,477		4,362	'
Loans:	'	'	'		'	'
Ending balance	156,971	182,233	156,971		182,233	169,176
Ending balance: individually evaluated for impairment	5,986	9,454	5,986		9,454	'
Ending balance: collectively evaluated for impairment	150,985	172,779	150,985		172,779	'
Family Residential Real Estate 1 to 4 [Member]	'	'	'		'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'		'	'
Allowance for loan losses, Balance, beginning of period	585	920	826		1,070	'
Provision (recovery) for loan losses	-9	198	-274		75	'
Loans charged-off	0	-81	-1		-121	'
Recoveries	12	8	37		21	'
Allowance for loan losses, Balance, end of period	588	1,045	588		1,045	'
Ending balance: individually evaluated for impairment	43	322	43		322	'
Ending balance: collectively evaluated for impairment	545	723	545		723	'
Loans:	'	'	'		'	'
Ending balance	30,669	35,464	30,669		35,464	35,006
Ending balance: individually evaluated for impairment	2,948	4,091	2,948		4,091	'
Ending balance: collectively evaluated for impairment	27,721	31,373	27,721		31,373	'
Home Equity Line of Credit [Member]	'	'	'		'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'		'	'
Allowance for loan losses, Balance, beginning of period	1,293	635	680		627	'
Provision (recovery) for loan losses	-106	-68	539		-54	'
Loans charged-off	-231	-29	-271		-39	'
Recoveries	53	72	61		76	'
Allowance for loan losses, Balance, end of period	1,009	610	1,009		610	'
Ending balance: individually evaluated for impairment	140	197	140		197	'
Ending balance: collectively evaluated for impairment	869	413	869		413	'
Loans:	'	'	'		'	'
Ending balance	30,561	32,579	30,561		32,579	31,863
Ending balance: individually evaluated for impairment	1,059	1,030	1,059		1,030	'
Ending balance: collectively evaluated for impairment	29,502	31,549	29,502		31,549	'
Loans to Individuals and Overdrafts [Member]	'	'	'		'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'		'	'
Allowance for loan losses, Balance, beginning of period	171	73	65		72	'
Provision (recovery) for loan losses	-9	-60	97		-79	'
Loans charged-off	-13	-17	-19		-44	'
Recoveries	7	66	13		113	'
Allowance for loan losses, Balance, end of period	156	62	156		62	'
Ending balance: individually evaluated for impairment	20	5	20		5	'
Ending balance: collectively evaluated for impairment	136	57	136		57	'
Loans:	'	'	'		'	'
Ending balance	5,659	7,657	5,659		7,657	8,775
Ending balance: individually evaluated for impairment	22	16	22		16	'
Ending balance: collectively evaluated for impairment	5,637	7,641	5,637		7,641	'
Multi Family Residential Real Estate [Member]	'	'	'		'	'
Financing Receivable, Allowance for Credit Losses [Line Items]	'	'	'		'	'
Allowance for loan losses, Balance, beginning of period	291	72	74		106	'
Provision (recovery) for loan losses	-25	-14	192		-48	'
Loans charged-off	0	0	0		0	'
Recoveries	0	0	0		0	'
Allowance for loan losses, Balance, end of period	266	58	266		58	'
Ending balance: individually evaluated for impairment	0	0	0		0	'
Ending balance: collectively evaluated for impairment	266	58	266		58	'
Loans:	'	'	'		'	'
Ending balance	18,436	14,760	18,436		14,760	19,739
Ending balance: individually evaluated for impairment	2,331	2,407	2,331		2,407	'
Ending balance: collectively evaluated for impairment	$16,105	$12,353	$16,105		$12,353	'
[1]	Derived from audited consolidated financial statements.

LOANS_Details_Textual

LOANS (Details Textual) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Loans and the Allowance for Loan Losses [Line Items]	'	'	'	'	'
Impaired Financing Receivable, Recorded Investment	$14,536,000	'	$14,536,000	'	$18,982,000
Impaired Loans Required for Specific Reserves	4,100,000	'	4,100,000	'	7,400,000
With no related allowance, Recorded Investment	10,398,000	'	10,398,000	'	11,584,000
Increase (Decrease) in Finance Receivables	'	'	1,600,000	'	2,100,000
Allowance for Loan and Lease Losses, Period Increase (Decrease)	'	'	177,000	'	'
Allowance for Loan and Lease Losses Write-offs, Net, Total	'	182,000	'	'	'
Provision for Loan and Lease Losses	-427,000	-375,000	-476,000	-475,000	'
Nonaccrual Impaired Loans [Member]	'	'	'	'	'
Loans and the Allowance for Loan Losses [Line Items]	'	'	'	'	'
Impaired Financing Receivable, Recorded Investment	7,600,000	'	7,600,000	'	9,300,000
Accrual Impaired Loans [Member]	'	'	'	'	'
Loans and the Allowance for Loan Losses [Line Items]	'	'	'	'	'
Impaired Financing Receivable, Recorded Investment	6,900,000	'	6,900,000	'	9,700,000
Troubled Debt Restructurings [Member]	'	'	'	'	'
Loans and the Allowance for Loan Losses [Line Items]	'	'	'	'	'
Impaired Financing Receivable, Recorded Investment	8,100,000	9,800,000	8,100,000	9,800,000	'
Troubled Debt Restructuring Accrual Status [Member]	'	'	'	'	'
Loans and the Allowance for Loan Losses [Line Items]	'	'	'	'	'
Impaired Financing Receivable, Recorded Investment	5,300,000	7,400,000	5,300,000	7,400,000	'
Troubled Debt Restructuring Nonaccrual Status [Member]	'	'	'	'	'
Loans and the Allowance for Loan Losses [Line Items]	'	'	'	'	'
Impaired Financing Receivable, Recorded Investment	2,800,000	2,400,000	2,800,000	2,400,000	'
Unused Lines of Credit [Member]	'	'	'	'	'
Loans and the Allowance for Loan Losses [Line Items]	'	'	'	'	'
Line of Credit Facility, Maximum Amount Outstanding During Period	'	'	98,700,000	'	'
Commercial and Industrial Other [Member]	'	'	'	'	'
Loans and the Allowance for Loan Losses [Line Items]	'	'	'	'	'
With no related allowance, Recorded Investment	122,000	'	122,000	'	196,000
Provision for Loan and Lease Losses	($4,000)	$42,000	$318,000	$74,000	'

ACCUMULATED_OTHER_COMPREHENSIV2

ACCUMULATED OTHER COMPREHENSIVE INCOME (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014		Jun. 30, 2013
Beginning balance	$132	$922	($108)	[1]	$1,078
Unrealized loss on investment securities available for sale	482	-1,171	718		-1,480
Tax benefit	-180	398	-267		503
Other comprehensive income (loss) before reclassification	302	-773	451		-977
Amounts reclassified from accumulated comprehensive income (loss):	'	'	'		'
Realized loss on investment securities included in net income	65	63	211		136
Tax effect	-24	-21	-79		-46
Total reclassifications net of tax	41	42	132		90
Net current period other comprehensive income (loss)	343	-731	583		-887
Ending balance	$475	$191	$475		$191
[1]	Derived from audited consolidated financial statements.

MERGER_WITH_SELECT_BANCORP_INC1

MERGER WITH SELECT BANCORP, INC. (Details Textual) (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2013		Jun. 30, 2014	Sep. 30, 2013
				Select Bancorp, Inc [Member]
Assets, Total	$525,646	[1]	$508,282	$265,300
Sale of Stock, Price Per Share	'		'	$1.83
Stock Issued During Period, Shares, New Issues	4,416,668		'	'
[1]	Derived from audited consolidated financial statements.