Select Bancorp (SLCT) 10-Q 10 May 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2019	May 02, 2019
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Entity Registrant Name	SELECT BANCORP, INC.
Entity Central Index Key	0001263762
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Trading Symbol	SLCT
Entity Common Stock, Shares Outstanding		19,326,485
Entity Emerging Growth Company	false
Entity Small Business	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	[1]
ASSETS
Cash and due from banks	$ 15,586	$ 17,059
Interest-earning deposits in other banks	44,894	121,303
Certificates of deposit	1,000	1,000
Federal funds sold	9,809	0
Investment securities available for sale, at fair value	86,727	51,533
Loans held for sale	354	580
Loans	991,801	986,040
Allowance for loan losses	(8,510)	(8,669)
NET LOANS	983,291	977,371
Accrued interest receivable	4,120	3,889
Stock in Federal Home Loan Bank of Atlanta ("FHLB"), at cost	3,342	3,283
Other non-marketable securities	738	762
Foreclosed real estate	1,046	1,088
Premises and equipment, net	17,715	17,920
Right of use lease asset	8,750	0
Bank owned life insurance	29,282	29,117
Goodwill	24,579	24,579
Core deposit intangible ("CDI")	1,866	2,085
Assets held for sale	668	668
Other assets	8,310	6,288
TOTAL ASSETS	1,242,077	1,258,525
Deposits:
Demand	240,262	247,007
Savings	48,080	51,811
Money market and NOW	262,169	254,482
Time	400,455	427,127
TOTAL DEPOSITS	950,966	980,427
Short-term debt	7,000	7,000
Long-term debt	57,372	57,372
Lease liability	8,842	0
Accrued interest payable	519	667
Accrued expenses and other liabilities	3,927	3,448
TOTAL LIABILITIES	1,028,626	1,048,914
Shareholders' Equity:
Preferred stock, no par value, 5,000,000 shares authorized; 0 shares issued and outstanding at March 31, 2019 and December 31, 2018	0	0
Common stock, $1.00 par value, 25,000,000 shares authorized; 19,326,485 and 19,311,505 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively	19,326	19,312
Additional paid-in capital	150,877	150,718
Retained earnings	42,947	39,640
Common stock issued to deferred compensation trust, at cost; 306,195 and 303,239 shares outstanding at March 31, 2019 and December 31, 2018, respectively	(2,652)	(2,615)
Directors' Deferred Compensation Plan Rabbi Trust	2,652	2,615
Accumulated other comprehensive income (loss)	301	(59)
TOTAL SHAREHOLDERS' EQUITY	213,451	209,611
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,242,077	$ 1,258,525
[1]	Derived from audited consolidated financial statements.

CONSOLIDATED BALANCE SHEETS _Pa

CONSOLIDATED BALANCE SHEETS [Parenthetical] - $ / shares	Mar. 31, 2019	Dec. 31, 2018
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized	25,000,000	25,000,000
Common stock, shares issued	19,326,485	19,311,505
Common stock, shares outstanding	19,326,485	19,311,505
Deferred Compensation, Share-based Payments [Member]
Common stock, shares outstanding	306,195	303,239

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
INTEREST INCOME
Loans	$ 13,042	$ 13,157
Federal funds sold and interest-earning deposits in other banks	543	211
Investments	465	354
TOTAL INTEREST INCOME	14,050	13,722
INTEREST EXPENSE
Money market, NOW and savings deposits	356	314
Time deposits	1,753	1,354
Short-term debt	26	129
Long-term debt	458	221
TOTAL INTEREST EXPENSE	2,593	2,018
NET INTEREST INCOME	11,457	11,704
PROVISION FOR LOAN LOSSES	112	141
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	11,345	11,563
NON-INTEREST INCOME
Fees on the sale of mortgages	157	26
Service charges on deposit accounts	266	276
Other fees and income	774	863
TOTAL NON-INTEREST INCOME	1,197	1,165
NON-INTEREST EXPENSE
Personnel	4,971	4,741
Occupancy and equipment	727	888
Deposit insurance	105	165
Professional fees	382	270
CDI amortization	219	275
Merger/acquisition related expenses	0	1,826
Information systems	789	1,002
Foreclosure-related expenses	30	12
Other	1,081	1,105
TOTAL NON-INTEREST EXPENSE	8,304	10,284
INCOME BEFORE INCOME TAX	4,238	2,444
INCOME TAXES	931	547
NET INCOME	$ 3,307	$ 1,897
NET INCOME PER COMMON SHARE
Basic	$ 0.17	$ 0.14
Diluted	$ 0.17	$ 0.13
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Basic	19,315,686	14,011,707
Diluted	19,365,354	14,081,776

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Net income	$ 3,307	$ 1,897
Other comprehensive income (loss):
Unrealized gain (loss) on investment securities available for sale	467	(536)
Tax effect	(107)	126
Other Comprehensive Income (Loss), Reclassification Adjustment for Sale of Securities Included in Net Income, Net of Tax	360	(410)
Total comprehensive income	$ 3,667	$ 1,487

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Preferred Stock [Member]	Common Stock [Member]	Additional paid-in Capital [Member]	Retained Earnings [Member]	Common Stock Issued to Deferred Compensation Trust [Member]	Deferred Comp Plan [Member]	Accumulated Other Comprehensive Income [Member]
Balance at Dec. 31, 2017	$ 136,115	$ 0	$ 14,009	$ 95,850	$ 25,858	$ (2,518)	$ 2,518	$ 398
Balance (in shares) at Dec. 31, 2017		0	14,009,137
Net income	1,897	$ 0	$ 0	0	1,897	0	0	0
Other comprehensive income (loss)	(410)	0	0	0	0	0	0	(410)
Stock option exercises	26	$ 0	$ 5	21	0	0	0	0
Stock option exercises (in shares)		0	4,780
Stock based compensation	45	$ 0	$ 0	45	0	0	0	0
Directors' equity incentive plan, net	0	0	0	0	0	41	(41)	0
Balance at Mar. 31, 2018	137,673	$ 0	$ 14,014	95,916	27,755	(2,477)	2,477	(12)
Balance (in shares) at Mar. 31, 2018		0	14,013,917
Balance at Dec. 31, 2018	209,611	$ 0	$ 19,312	150,718	39,640	(2,615)	2,615	(59)
Balance (in shares) at Dec. 31, 2018		0	19,311,505
Net income	3,307	$ 0	$ 0	0	3,307	0	0	0
Other comprehensive income (loss)	360	0	0	0	0	0	0	360
Stock option exercises	114	$ 0	$ 14	100	0	0	0	0
Stock option exercises (in shares)		0	14,980
Stock based compensation	59	$ 0	$ 0	59	0	0	0	0
Directors' equity incentive plan, net	0	0	0	0	0	37	(37)	0
Balance at Mar. 31, 2019	$ 213,451	$ 0	$ 19,326	$ 150,877	$ 42,947	$ (2,652)	$ 2,652	$ 301
Balance (in shares) at Mar. 31, 2019		0	19,326,485

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 3,307	$ 1,897
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision for loan losses	112	141
Depreciation and amortization of premises and equipment	622	444
Amortization and accretion of investment securities	142	170
Amortization of deferred loan fees and costs	(217)	(155)
Amortization of core deposit intangible	219	275
Stock-based compensation	59	45
Accretion on acquired loans	(200)	(938)
Amortization of acquisition premium on time deposits	0	(80)
Net accretion of acquisition discount on borrowings	0	(5)
Increase in cash surrender value of bank owned life insurance	(165)	(169)
Proceeds from loans held for sale	6,667	(2,365)
Originations of loans held for sale	(6,284)	1,995
Loss (gain) on sales of loans held for sale	(157)	26
Net loss on sale and write-downs of foreclosed real estate	3	11
Loss on sale of premises and equipment	0	49
Write-down on assets held for sale	0	50
Change in assets and liabilities:
Net change in accrued interest receivable	(231)	234
Net change in other assets	(2,016)	2,068
Net change in accrued expenses and other liabilities	481	(11,473)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	2,342	(7,780)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of FHLB stock	(59)	(1,184)
Redemption of non-marketable security	24	114
Purchase of investment securities available for sale	(37,948)	0
Maturities of investment securities available for sale	0	100
Mortgage-backed securities pay-downs	3,079	3,642
Net change in loans outstanding	(5,641)	5,085
Proceeds from sale of foreclosed real estate	65	62
Net purchases of premises and equipment	(417)	(408)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(40,897)	7,411
CASH FLOWS FROM FINANCING ACTIVITIES
Net change in deposits	(29,461)	14,517
Proceeds from short-term debt	0	3,899
Proceeds from long-term debt	0	20,000
Repayments of lease liability	(171)	0
Proceeds from issuance of common stock	114	26
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES	(29,518)	38,442
NET CHANGE IN CASH AND CASH EQUIVALENTS	(68,073)	38,073
CASH AND CASH EQUIVALENTS, BEGINNING	139,362	62,695
CASH AND CASH EQUIVALENTS, ENDING	71,289	100,768
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid during the period for: Interest	2,741	1,946
Cash paid during the period for: Taxes	0	0
Non-cash transactions:
Unrealized gains (losses) on investment securities available for sale, net of tax	360	(410)
Transfers from loans to foreclosed real estate	$ 26	$ 340

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2019
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 (referred to as the “Bank”). In 2004, the Company formed New Century Statutory Trust I, which issued trust preferred securities to provide additional capital for general corporate purposes, including the current and future expansion of the Company. New Century Statutory Trust I is not a consolidated subsidiary of the Company. On July 25, 2014, the Company changed its name from New Century Bancorp, Inc. to Select Bancorp, Inc. following its acquisition by merger of Select Bancorp, Inc., Greenville, NC (which we refer to herein as “Legacy Select”). The Company is subject to the rules and regulations of the Board of Governors of the Federal Reserve System and the North Carolina Commissioner of Banks. The Bank was originally incorporated as New Century Bank on May 19, 2000 and began banking operations on May 24, 2000. On July 25, 2014, the Company acquired Select Bank & Trust Company, Greenville, North Carolina, and changed the Bank’s legal name to Select Bank & Trust Company. On December 15, 2017, the Company acquired Premara Financial, Inc. (“Premara”) and its subsidiary Carolina Premier Bank (“Carolina Premier”) through the merger of Premara with and into the Company, followed immediately by the merger of Carolina Premier with and into the Bank. The Bank continues as the only banking subsidiary of the Company with its headquarters and operations center located in Dunn, NC. The Bank is engaged in general commercial and retail banking in central and eastern North Carolina, as well as in Charlotte, North Carolina and northwest South Carolina. The Bank is subject to the supervision and regulation of the Federal Deposit Insurance Corporation and the North Carolina Commissioner of Banks. 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 months ended March 31, 2019 and 2018, 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 the three months ended March 31, 2019 are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2019. 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 2018 Annual Report on Form 10-K, filed with the Securities and Exchange Commission (“SEC”) on March 15, 2019. This quarterly report should be read in conjunction with the Annual Report. Certain reclassifications of the information in prior periods were made to conform to the March 31, 2019 presentation. Such reclassifications had no effect on shareholders’ equity or net income as previously reported.

PER SHARE RESULTS

PER SHARE RESULTS	3 Months Ended
	Mar. 31, 2019
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 March 31, 2019 and 2018 there were 168,120 and 121,300 anti-dilutive options outstanding, respectively. Three Months Ended March 31, 2019 2018 Weighted average shares used for basic net income per share 19,315,686 14,011,707 Effect of dilutive stock options 49,668 70,069 Weighted average shares used for diluted net income per share 19,365,354 14,081,776

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	3 Months Ended
	Mar. 31, 2019
Disclosure of Recent Accounting Pronouncements [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	NOTE C - RECENT ACCOUNTING PRONOUNCEMENTS The following summarizes recent accounting pronouncements and their expected impact on the Company: In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). ASU 2016-02 applies a right-of-use (“ROU”) model that requires a lessee to record, for all leases with a lease term of more than 12 months, an asset representing its right to use the underlying asset and a liability to make lease payments. For leases with a term of 12 months or less, a practical expedient is available whereby a lessee may elect, by class of underlying asset, not to recognize an ROU asset or lease liability. At inception, lessees must classify all leases as either finance or operating based on five criteria. Balance sheet recognition of finance and operating leases is similar, but the pattern of expense recognition in the income statement, as well as the effect on the statement of cash flows, differs depending on the lease classification. For public business entities, the amendments in ASU 2016-02 are effective for interim and annual periods beginning after December 15, 2018. The Company adopted this standard during the first quarter of 2019. The impact was an increase to the Consolidated Balance Sheet for right-of-use assets and associated lease liabilities, as well as resulting depreciation expense of the right-of-use assets and expense of the lease liabilities in the Consolidated Statements of Income. Additionally, adding these assets to the balance sheet impacted total risk-weighted assets used to determine the regulatory capital levels. In July 2018, the FASB amended the Leases Topic of the Accounting Standards Codification to make narrow amendments to clarify how to apply certain aspects of the new standard. The amendments are effective for reporting periods beginning after December 15, 2018 . The Company elected to apply ASU 2016-02 as of the beginning of the period of adoption (January 1, 2019) and will not restate comparative periods. Adoption of ASU 2016-02 resulted in the recognition of lease liabilities totaling $9,013,900 and the recognition of right-of-use assets totaling $9,013,900 as of the date of adoption. The adoption of this standard did not impact beginning retained earnings. Total risk-based capital was adversely impacted by 13 basis points due to the increase in risk-weighted assets, see Note J. Lease liabilities and right-of-use assets are reflected in other liabilities and other assets, respectively. The initial balance sheet gross up upon adoption was primarily related to operating leases of certain real estate properties. The Company has no finance leases or material subleases or leasing arrangements for which it is the lessor of property or equipment. The Company has elected to apply the package of practical expedients allowed by the new standard under which the Company need not reassess whether any expired or existing contracts are leases or contain leases, the Company need not reassess the lease classification for any expired or existing lease, and the Company need not reassess initial direct costs for any existing leases. In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, guidance to change the accounting for credit losses and modify the impairment model for certain debt securities. ASU 2016-13 requires an entity to utilize a new impairment model known as the current expected credit loss ("CECL") model to estimate its lifetime "expected credit loss" and record an allowance that, when deducted from the amortized cost basis of the financial asset, presents the net amount expected to be collected on the financial asset. The CECL model is expected to result in earlier recognition of credit losses. ASU 2016-13 also requires new disclosures for financial assets measured at amortized cost, loans and available-for-sale debt securities. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2019, including interim periods within those fiscal years. Early adoption is permitted. Entities will apply the standard's provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. The Company has dedicated staff and resources in place evaluating the Company’s options including evaluating the appropriate model options and collecting and reviewing loan data for use in these models. The Company is still assessing the impact that this new guidance will have on its consolidated financial statements. In August 2018, the FASB amended ASU 2018-13 - Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement topic of the Accounting Standards Codification. The amendments remove, modify, and add certain fair value disclosure requirements based on the concepts in the FASB Concepts Statement, Conceptual Framework for Financial Reporting—Chapter 8: Notes to Financial Statements . The amendments are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Early adoption is permitted. An entity is permitted to early adopt any removed or modified disclosures upon issuance of this ASU and delay adoption of the additional disclosures until their effective date. The Company does not expect these amendments to have a material effect on its consolidated financial statements. 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	3 Months Ended
	Mar. 31, 2019
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 flow 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 three months ended March 31, 2019. 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 March 31, 2019 and December 31, 2018 (in thousands): Quoted Prices in Significant Investment securities Active Markets Other Significant available for sale for Identical Observable Unobservable March 31, 2019 Fair value Assets (Level 1) Inputs (Level 2) Inputs (Level 3) U.S. government agencies- GSE’s $ 11,937 $ - $ 11,937 $ - Mortgage-backed securities-GSE’s 56,118 - 56,118 - Corporate bonds 1,638 - 1,638 - Municipal bonds 17,034 - 17,034 - Total investment for sale $ 86,727 $ - $ 86,727 $ - Quoted Prices in Significant Investment securities Active Markets Other Significant available for sale for Identical Observable Unobservable December 31, 2018 Fair value Assets (Level 1) Inputs (Level 2) Inputs (Level 3) U.S. government agencies- GSE’s $ 9,837 $ - $ 9,837 $ - Mortgage-backed securities-GSE’s 22,983 - 22,983 - Corporate bonds 1,722 - 1,722 - Municipal bonds 16,991 - 16,991 - Total investment for sale $ 51,533 $ - $ 51,533 $ - The following is a description of valuation methodologies used for assets recorded at fair value on a non-recurring basis. Impaired 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 a specific reserve in the 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 March 31, 2019 and December 31, 2018, substantially all of the total impaired loans were evaluated based on the fair value of the collateral. Impaired loans where a specific reserve 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 March 31, 2019, the discounts used are weighted between 5% and 50%. 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 March 31, 2019. Foreclosed Real Estate Foreclosed real estate are properties recorded at the balance of the loan or an estimated fair value of the real estate collateral 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 foreclosed real estate is the discount applied to appraised values to account for expected liquidation and selling costs. At March 31, 2019, the discounts used ranged between 6% and 10%. There have been no changes in valuation techniques for the three months ended March 31, 2019. Assets held for sale During 2015, a branch facility was taken out of service as part of the Company’s branch restructuring plan and reclassified as held for sale. The property is recorded at the remaining book balance of the asset 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. The significant unobservable input used is the discount applied to appraised values to account for expected liquidation and selling costs ranged between 1% and 25% at March 31, 2019 and December 31, 2018. There have been no changes in the valuation techniques for the three months ended March 31, 2019. Loans held for sale The Company originates fixed and variable rate residential mortgage loans on a service release basis in the secondary market. Loans closed but not yet settled with an investor are carried in our loans held for sale portfolio. Virtually all of these loans have commitments to be purchased by investors and the majority of these loans were locked in by price with the investors on the same day or shortly thereafter that the loan was locked in with our customers. Therefore, these loans present very little market risk. The Company usually delivers to, and receives funding from, the investor within 30 to 60 days. Commitments to sell these loans to the investor are considered derivative contracts and are sold to investors on a “best efforts” basis. The Company is not obligated to deliver a loan or pay a penalty if a loan is not delivered to the investor. Because of the short-term nature of these derivative contracts, the fair value of the mortgage loans held for sale in most cases is materially the same as the value of the loan amount at its origination . Mortgage loans originated and intended for sale in the secondary market are carried at the lower of cost or estimated market value in the aggregate. Net unrealized losses are provided for in a valuation allowance by charges to operations as a component of mortgage banking income. Gains or losses on sales of loans are recognized when control over these assets are surrendered and are included in mortgage banking income in the consolidated statements of income. 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 March 31, 2019 and December 31, 2018 (in thousands): Quoted Prices in Significant Active Markets Other Significant Asset Category for Identical Observable Unobservable March 31, 2019 Fair value Assets (Level 1) Inputs (Level 2) Inputs (Level 3) Impaired loans $ 6,337 $ - $ - $ 6,337 Loans held for sale 354 - 354 - Assets held for sale 668 - - 668 Foreclosed real estate 1,046 - - 1,046 Total $ 8,405 $ - $ 354 $ 8,051 Quoted Prices in Significant Active Markets Other Significant Asset Category for Identical Observable Unobservable December 31, 2018 Fair value Assets (Level 1) Inputs (Level 2) Inputs (Level 3) Impaired loans $ 7,257 $ - $ - $ 7,257 Loans held for sale 580 - 580 - Assets held for sale 668 - - 668 Foreclosed real estate 1,088 - - 1,088 Total $ 9,593 $ - $ 580 $ 9,013 The following table presents the carrying values and estimated fair values of the Company's financial instruments at March 31, 2019 and December 31, 2018: March 31, 2019 Carrying Estimated Amount Fair Value Level 1 Level 2 Level 3 (dollars in thousands) Financial assets: Cash and due from banks $ 15,586 $ 15,586 $ 15,586 $ - $ - Certificates of deposit 1,000 1,000 1,000 - - Interest-earning deposits in other banks 44,894 44,894 44,894 - - Federal funds sold 9,809 9,809 9,809 - - Investment securities available for sale 86,727 86,727 - 86,727 - Loans held for sale 354 354 354 - Loans, net 983,291 975,395 - - 975,395 Accrued interest receivable 4,120 4,120 - 4,120 - Stock in FHLB 3,342 3,342 - - 3,342 Other non-marketable securities 738 738 - - 738 Financial liabilities: Deposits $ 950,966 $ 952,022 $ - $ 952,022 $ - Short-term debt 7,000 7,000 - 7,000 - Long-term debt 57,372 55,878 - 55,878 - Accrued interest payable 519 519 - 519 - December 31, 2018 Carrying Estimated Amount Fair Value Level 1 Level 2 Level 3 (dollars in thousands) Financial assets: Cash and due from banks $ 17,059 $ 17,059 $ 17,059 $ - $ - Certificates of deposits 1,000 1,000 1,000 - - Interest-earning deposits in other banks 121,303 121,303 121,303 - - Investment securities available for sale 51,533 51,533 - 51,533 - Loans held for sale 580 580 - 580 - Loans, net 977,371 970,330 - - 970,330 Accrued interest receivable 3,889 3,889 - 3,889 - Stock in the FHLB 3,283 3,283 - - 3,283 Other non-marketable securities 762 762 - - 762 Assets held for sale 668 668 - - 668 Financial liabilities: Deposits $ 980,427 $ 979,570 $ - $ 979,570 $ - Short-term debt 7,000 7,000 - 7,000 - Long-term debt 57,372 55,504 - 55,504 - Accrued interest payable 667 667 - 667 -

INVESTMENT SECURITIES

INVESTMENT SECURITIES	3 Months Ended
	Mar. 31, 2019
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	NOTE E - INVESTMENT SECURITIES The amortized cost and fair value of available for sale investments (“AFS”), with gross unrealized gains and losses, follow: March 31, 2019 Gross Gross Amortized unrealized unrealized Fair cost gains losses value (dollars in thousands) Securities available for sale: U.S. government agencies GSE’s $ 11,808 $ 151 $ (22 ) $ 11,937 Mortgage-backed securities GSE’s 56,064 167 (113 ) 56,118 Corporate bonds 1,617 21 - 1,638 Municipal bonds 16,846 190 (2 ) 17,034 $ 86,335 $ 529 $ (137 ) $ 86,727 As of March 31, 2019, accumulated other comprehensive income included net unrealized gains totaling $392,000. Deferred tax assets resulting from these net unrealized losses totaled $91,000. The amortized cost and fair value of available for sale (“AFS”) investments, with gross unrealized gains and losses, follow: December 31, 2018 Gross Gross Amortized unrealized unrealized Fair cost gains losses value (dollars in thousands) Securities available for sale: U.S. government agencies GSE’s $ 9,852 $ 36 $ (51 ) $ 9,837 Mortgage-backed securities GSE’s 23,150 62 (229 ) 22,983 Corporate bonds 1,697 25 - 1,722 Municipal bonds 16,910 105 (24 ) 16,991 $ 51,609 $ 228 $ (304 ) $ 51,533 As of December 31, 2018, accumulated other comprehensive income included net unrealized losses totaling $76,000. Deferred tax liabilities resulting from these net unrealized gains totaled $17,000. The amortized cost and fair value of securities available for sale, with gross unrealized gains and losses, follow: March 31, 2019 Gross Gross Amortized unrealized unrealized Fair cost gains losses value (dollars in thousands) Securities available for sale: Within 1 year $ 5,174 $ 15 $ - $ 5,189 After 1 year but within 5 years 34,438 203 (126 ) 34,515 After 5 years but within 10 years 27,940 130 (10 ) 28,060 After 10 years 18,783 181 (1 ) 18,963 $ 86,335 $ 529 $ (137 ) $ 86,727 December 31, 2018 Gross Gross Amortized unrealized unrealized Fair cost gains losses value (dollars in thousands) Securities available for sale: Within 1 year $ 3,275 $ 13 $ - $ 3,288 After 1 year but within 5 years 32,862 96 (252 ) 32,706 After 5 years but within 10 years 6,551 48 (29 ) 6,570 After 10 years 8,921 71 (23 ) 8,969 $ 51,609 $ 228 $ (304 ) $ 51,533 Securities with a carrying value of $6.1 million and $6.4 million at March 31, 2019 and December 31, 2018, respectively, were pledged to secure public monies on deposit as required by law, customer repurchase agreements, and access to the Federal Reserve Discount Window. None of the unrealized losses relate to the liquidity of the securities or the issuer’s ability to honor redemption obligations. The Company has the intent and ability to hold these securities to recovery. No other than temporary impairments were identified for these investments having unrealized losses for the periods ended March 31, 2019 and December 31, 2018. The Company has not incurred any losses related to securities sales in the first three months of 2019 or during the year ended December 31, 2018. The following tables show the gross unrealized losses and fair value of the Company’s investment securities, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position, at March 31, 2019 and December 31, 2018. March 31, 2019 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- GSEs $ - $ - $ 3,026 $ (22 ) $ 3,026 $ (22 ) Mortgage-backed securities- GSEs 10,044 (13 ) 11,858 (100 ) 21,902 (113 ) Municipal bonds - - 1,301 (2 ) 1,301 (2 ) Total temporarily impaired securities $ 10,044 $ (13 ) $ 16,185 $ (124 ) $ 26,229 $ (137 ) At March 31, 2019, the Company had twenty-two securities with an unrealized loss for more than twelve months of $124,000 which consisted of five U.S. government agencies-GSEs, fourteen mortgage-backed GSEs and three municipal bonds. Three mortgage-backed GSEs had unrealized losses for less than twelve months totaling $13,000 at March 31, 2019. All unrealized losses are attributable to the general trend of interest rates. There were no sales of investment securities during the first quarter of 2019. December 31, 2018 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- GSEs $ 1,224 $ (6 ) $ 4,086 $ (45 ) $ 5,310 $ (51 ) Mortgage-backed securities-GSEs 200 - 16,932 (229 ) 17,132 (229 ) Corporate bonds - - - - - - Municipal bonds 1,007 (2 ) 1,740 (22 ) 2,747 (24 ) Total temporarily impaired securities $ 2,431 $ (8 ) $ 22,758 $ (296 ) $ 25,189 $ (304 ) At December 31, 2018, the Company had twenty-four AFS mortgage-backed GSE’s, four municipals and six U.S Government agencies – GSE’s with an unrealized loss for twelve or more consecutive months totaling $296,000. The Company had six AFS securities with a loss for twelve months or less. Three U.S. government agency GSE’s, two municipals and one mortgage-backed GSE had unrealized losses for less than twelve months totaling $8,000 at December 31, 2018. All unrealized losses are attributable to the general trend of interest rates and the abnormal spreads of all debt instruments to U.S. Treasury securities. There were no sales of investment securities available for sale during 2018.

LOANS

LOANS	3 Months Ended
	Mar. 31, 2019
Loans and Leases Receivable Disclosure [Abstract]
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	NOTE F - LOANS Following is a summary of the composition of the Company’s loan portfolio at March 31, 2019 and December 31, 2018: March 31, December 31, Total Loans: 2019 2018 Percent Percent Amount of total Amount of total (dollars in thousands) Real estate loans: 1-to-4 family residential $ 156,732 15.80 % $ 159,597 16.19 % Commercial real estate 458,488 46.23 % 457,611 46.41 % Multi-family residential 57,230 5.77 % 63,459 6.44 % Construction 181,162 18.26 % 170,404 17.28 % Home equity lines of credit (“HELOC”) 48,760 4.92 % 49,713 5.04 % Total real estate loans 902,372 90.98 % 900,784 91.36 % Other loans: Commercial and industrial 79,729 8.04 % 74,181 7.52 % Loans to individuals 11,338 1.14 % 12,597 1.28 % Overdrafts 92 0.01 % 217 0.02 % Total other loans 91,159 9.19 % 86,995 8.82 % Gross loans 993,531 987,779 Less deferred loan origination fees, net (1,730 ) (0.17 )% (1,739 ) (0.18 )% Total loans 991,801 100.00 % 986,040 100.00 % Allowance for loan losses (8,510 ) (8,669 ) Total loans, net $ 983,291 $ 977,371 For Purchased Credit Impaired, or PCI loans, the contractually required payments including principal and interest, cash flows expected to be collected and fair values as of March 31, 2019 and December 31, 2018 were: (dollars in thousands) March 31, 2019 December 31, 2018 Contractually required payments $ 24,366 $ 24,823 Nonaccretable difference 1,842 1,962 Cash flows expected to be collected 22,524 22,861 Accretable yield 3,721 3,593 Carrying value $ 18,803 $ 19,268 Loans are primarily secured by real estate located in eastern and central North Carolina and northwestern South Carolina. Real estate loans can be affected by the condition of the local real estate market and by local economic conditions. At March 31, 2019, the Company had pre-approved but unused lines of credit for customers totaling $176.8 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 floating lien of $138.1 million of loans was pledged to the FHLB to secure borrowings at March 31, 2019. The following tables present an age analysis of past due loans, segregated by class of loans as of March 31, 2019 and December 31, 2018, respectively: March 31, 2019 30-59 60-89 90+ Non- Total Days Days Days Accrual Past Total Past Due Past Due Accruing Loans Due Current Loans (dollars in thousands) Commercial and industrial $ 36 $ 452 $ 1,340 $ 2,652 $ 4,480 $ 75,249 $ 79,729 Construction 31 1,799 70 543 2,443 178,719 181,162 Multi-family residential - - - - - 57,230 57,230 Commercial real estate 254 829 313 1,867 3,263 455,225 458,488 Loans to individuals & overdrafts 12 - - 29 41 11,389 11,430 1-to-4 family residential 594 75 1,423 266 2,358 154,374 156,732 HELOC 13 - - 980 993 47,767 48,760 Deferred loan (fees) cost, net - - - - - - (1,730 ) $ 940 $ 3,155 $ 3,146 $ 6,337 $ 13,578 $ 979,953 $ 991,801 December 31, 2018 30-59 60-89 90+ Non- Total Days Days Days Accrual Past Total Past Due Past Due Accruing Loans Due Current Loans (dollars in thousands) Commercial and industrial $ 27 $ 203 $ 1,665 $ 4,170 $ 6,065 $ 68,116 $ 74,181 Construction - - 69 587 656 169,748 170,404 Multi-family residential - - - - - 63,459 63,459 Commercial real estate 103 483 - 1,074 1,660 455,951 457,611 Loans to individuals & overdrafts 1 24 - - 25 12,789 12,814 1-to-4 family residential 502 505 1,433 386 2,826 156,771 159,597 HELOC - 43 - 1,040 1,083 48,630 49,713 Deferred loan (fees) cost, net - - - - - - (1,739 ) $ 633 $ 1,258 $ 3,167 $ 7,257 $ 12,315 $ 975,464 $ 986,040 Impaired Loans The following tables present information on loans that were considered to be impaired as of March 31, 2019 and December 31, 2018: Three months ended As of March 31, 2019 March 31, 2019 Contractual Unpaid Related Average Interest Income Recorded Principal Allowance Recorded Recognized on Investment Balance for Loan Losses Investment Impaired Loans (dollars in thousands) With no related allowance recorded: Commercial and industrial $ 2,584 $ 2,788 $ - $ 3,853 $ 4 Construction 465 525 - 552 5 Commercial real estate 6,008 7,251 - 5,843 66 Multi-family residential 211 211 - 213 3 Loans to individuals 117 121 - 109 - HELOC 857 1,060 - 957 15 1-to-4 family residential 648 1,196 - 990 16 Subtotal: 10,890 13,152 - 12,517 109 With an allowance recorded: Commercial and industrial 183 239 75 232 6 Construction 78 133 - - - HELOC - - - - - 1-to-4 family residential - - 7 134 7 Subtotal: 261 372 82 366 13 Totals: Commercial 9,451 11,014 75 10,693 84 Consumer 117 121 - 109 - Residential 1,583 2,389 7 2,081 38 Grand Total: $ 11,151 $ 13,524 $ 82 $ 12,883 $ 122 Impaired loans at March 31, 2019 were approximately $11.2 million and were composed of $6.3 million in non-accrual loans and $4.9 million in loans that were still accruing interest. Recorded investment represents the current principal balance of the loan. Approximately $261,000 in impaired loans had specific allowances provided for them while the remaining $10.9 million had no specific allowances recorded at March 31, 2019. Of the $10.9 million with no allowance recorded, $1.1 million of those loans have had partial charge-offs recorded. Three months ended As of December 31, 2018 March 31, 2018 Contractual Unpaid Related Average Interest Income Recorded Principal Allowance Recorded Recognized on Investment Balance for Loan Losses Investment Impaired Loans (dollars in thousands) With no related allowance recorded: Commercial and industrial $ 4,210 $ 4,495 $ - $ 1,806 $ 72 Construction 561 647 - 382 1 Commercial real estate 4,744 6,903 - 4,655 60 Multi-family residential 101 109 - 232 3 Loans to individuals 215 215 - 1 - HELOC 1,040 1,204 - 803 13 1-to-4 family residential 572 732 - 998 48 Subtotal: 11,443 14,305 - 8,877 197 With an allowance recorded: Commercial and industrial 127 325 51 142 1 Construction 27 27 14 13 - HELOC - - - 16 - 1-to-4 family residential 137 555 22 177 5 Subtotal: 291 907 87 348 6 Totals: Commercial 10,007 12,612 65 7,230 137 Consumer 101 109 - 1 - Residential 1,626 2,491 22 1,994 66 Grand Total: $ 11,734 $ 15,212 $ 87 $ 9,225 $ 203 Impaired loans at December 31, 2018 were approximately $11.7 million and were comprised of $7.3 million in non-accrual loans and $4.4 million in loans still in accruing status. Recorded investment represents the current principal balance for the loan. Approximately $291,000 of the $11.7 million in impaired loans at December 31, 2018 had specific allowances aggregating $87,000 while the remaining $11.4 million had no specific allowances recorded. Of the $11.4 million with no allowance recorded, partial charge-offs through December 31, 2018 amounted to $3.5 million. 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 first quarter of 2019 and 2018: Three months ended March 31, 2019 Three months ended March 31, 2018 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) Extended payment terms: Commercial and industrial 4 $ 1,365 $ 1,275 4 $ 1,046 $ 1,046 Commercial real estate 3 1,283 1,015 - - - 1-to-4 family residential 2 432 409 - - - Loans to individuals 1 1 1 - - - Total 10 $ 3,081 $ 2,700 4 $ 1,046 $ 1,046 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 during that period together with concessions made by loan class during the twelve month periods ended March 31, 2019 and 2018: Twelve months ended Twelve months ended March 31, 2019 March 31, 2018 Number Recorded Number Recorded of loans investment of loans investment (dollars in thousands) Extended payment terms: Commercial and industrial 8 $ 1,591 3 $ 996 Construction 1 34 1 62 Commercial real estate 3 697 1 899 Loans to Individuals 1 1 - - 1-to-4 family residential 4 128 2 125 Total 17 $ 2,451 7 $ 2,082 At March 31, 2019, the Bank had thirty-nine loans with an aggregate balance of $7.7 million that were considered to be troubled debt restructurings. Of those TDRs, twenty-two loans with a balance totaling $5.2 million were still accruing as of March 31, 2019. The remaining TDRs with balances totaling $2.5 million as of March 31, 2019 were in non-accrual status. At March 31, 2018, the Bank had thirty-nine loans with an aggregate balance of $6.7 million that were considered to be troubled debt restructurings. Of those TDRs, twenty-three loans with a balance totaling $4.8 million were still accruing as of March 31, 2018. The remaining TDRs with balances totaling $1.9 million as of March 31, 2018 were in non-accrual status. The following tables present information on risk ratings of the commercial and consumer loan portfolios, segregated by loan class as of March 31, 2019 and December 31, 2018, respectively: Total loans: March 31, 2019 Commercial Credit Exposure By Commercial Commercial Internally and real Multi-family Assigned Grade industrial Construction estate residential (dollars in thousands) Superior $ 990 $ - $ 185 $ - Very good 2,207 142 1,075 - Good 6,203 11,705 53,857 4,965 Acceptable 25,780 24,847 271,454 35,438 Acceptable with care 38,572 141,357 124,997 16,616 Special mention 84 697 1,414 - Substandard 5,893 2,414 5,506 211 Doubtful - - - - Loss - - - - $ 79,729 $ 181,162 $ 458,488 $ 57,230 Consumer Credit Exposure By Internally 1-to-4 family Assigned Grade residential HELOC Pass $ 153,077 $ 47,300 Special mention 1,125 76 Substandard 2,530 1,384 $ 156,732 $ 48,760 Consumer Credit Exposure Based Loans to On Payment individuals & Activity overdrafts Pass $ 11,309 Non -pass 121 $ 11,430 Total Loans: December 31, 2018 Commercial Credit Exposure By Commercial Commercial Internally and real Multi-family Assigned Grade industrial Construction estate residential (dollars in thousands) Superior $ 1,662 $ - $ 21 $ - Very good 2,266 246 1,120 - Good 5,773 12,106 47,959 5,116 Acceptable 22,332 30,897 263,017 37,832 Acceptable with care 34,626 125,788 139,484 20,296 Special mention 879 711 1,789 - Substandard 6,643 656 4,221 215 Doubtful - - - - Loss - - - - $ 74,181 $ 170,404 $ 457,611 $ 63,459 Consumer Credit Exposure By Internally 1-to-4 family Assigned Grade residential HELOC Pass $ 155,117 $ 48,143 Special mention 900 88 Substandard 3,580 1,482 $ 159,597 $ 49,713 Consumer Credit Exposure Based Loans to On Payment individuals & Activity overdrafts Pass $ 10,891 Special mention 1,923 $ 12,814 Determining the fair value of PCI loans at acquisition required the Company to estimate cash flows expected to result from those loans and to discount those cash flows at appropriate rates of interest. For such loans, the excess of cash flows expected to be collected at acquisition over the estimated fair value is recognized as interest income over the remaining lives of the loans and is called the accretable yield. The difference between contractually required payments at acquisition and the cash flows expected to be collected at acquisition reflects the impact of estimated credit losses and is called the nonaccretable difference. In accordance with GAAP, there was no carry-over of previously established allowance for credit losses from the acquired company. The following table documents changes to the amount of the accretable yield on PCI loans for the three months ended March 31, 2019 and 2018: 2019 2018 (dollars in thousands) Accretable yield, beginning of period $ 3,593 $ 3,307 Accretion (288 ) (354 ) Reclassification from (to) nonaccretable difference 117 - Other changes, net 299 87 Accretable yield, end of period $ 3,721 $ 3,040 The following tables present a roll forward of the Company’s allowance for loan losses by loan class for the three month periods ended March 31, 2019 and March 31, 2018, respectively (dollars in thousands): Three months ended March 31, 2019 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 Loans – excluding PCI Balance, beginning of period $ 762 $ 1,385 $ 3,024 $ 1,663 $ 555 $ 206 $ 471 $ 8,066 Provision for (recovery of) loan losses 214 186 356 (461 ) (80 ) (15 ) (63 ) 137 Loans charged-off (251 ) - - - (49 ) (19 ) - (319 ) Recoveries 5 1 15 9 13 5 - 48 Balance, end of period $ 730 $ 1,572 $ 3,395 $ 1,211 $ 439 $ 177 $ 408 $ 7,932 PCI Loans Balance, beginning of period $ 214 $ - $ 385 $ 4 $ - $ - $ - $ 603 Provision for (recovery of) loan losses (168 ) 23 (152 ) 242 2 - 28 (25 ) Loans charged-off - - - - - - - - Recoveries - - - - - - - - Balance, end of period $ 46 $ 23 $ 233 $ 246 $ 2 $ - $ 28 $ 578 Total Loans Balance, beginning of period $ 976 $ 1,385 $ 3,409 $ 1,667 $ 555 $ 206 $ 471 $ 8,669 Provision for (recovery of) loan losses 46 209 204 (219 ) (78 ) (15 ) (35 ) 112 Loans charged-off (251 ) - - - (49 ) (19 ) - (319 ) Recoveries 5 1 15 9 13 5 - 48 Balance, end of period $ 776 $ 1,595 $ 3,628 $ 1,457 $ 441 $ 177 $ 436 $ 8,510 Ending Balance: individually evaluated for impairment $ 75 $ - $ - $ 7 $ - $ - $ - $ 82 Ending Balance: collectively evaluated for impairment $ 701 $ 1,595 $ 3,628 $ 1,450 $ 441 $ 177 $ 436 $ 8,428 Loans: Ending Balance: collectively evaluated for impairment non PCI loans $ 75,481 $ 179,872 $ 444,893 $ 148,073 $ 47,853 $ 11,313 $ 56,092 $ 963,577 Ending Balance: collectively evaluated for impairment PCI loans $ 1,481 $ 747 $ 7,587 $ 8,011 $ 50 $ - $ 927 $ 18,803 Ending Balance: individually evaluated for impairment $ 2,767 $ 543 $ 6,008 $ 648 $ 857 $ 117 $ 211 $ 11,151 Ending Balance $ 79,729 $ 181,162 $ 458,488 $ 156,732 $ 48,760 $ 11,430 $ 57,230 $ 993,531 Three months ended March 31, 2018 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 Loans – excluding PCI Balance, beginning of period $ 742 $ 1,955 $ 3,304 $ 1,058 $ 549 $ 305 $ 791 $ 8,704 Provision for (recovery of) loan losses (10 ) (275 ) 282 208 125 (174 ) (94 ) 62 Loans charged-off (9 ) - - - (35 ) (15 ) - (59 ) Recoveries 6 6 4 9 6 9 - 40 Balance, end of period $ 729 $ 1,686 $ 3,590 $ 1,275 $ 645 $ 125 $ 697 $ 8,747 PCI Loans Balance, beginning of period $ 65 $ - $ 66 $ - $ - $ - $ - $ 131 Provision for loan losses 79 - - - - - - 79 Loans charged-off - - - - - - - - Recoveries - - - - - - - - Balance, end of period $ 144 $ - $ 66 $ - $ - $ - $ - $ 210 Total Loans Balance, beginning of period $ 807 $ 1,955 $ 3,370 $ 1,058 $ 549 $ 305 $ 791 $ 8,835 Provision for (recovery of) loan losses 69 (275 ) 282 208 125 (174 ) (94 ) 141 Loans charged-off (9 ) - - - (35 ) (15 ) - (59 ) Recoveries 6 6 4 9 6 9 - 40 Balance, end of period $ 873 $ 1,686 $ 3,656 $ 1,275 $ 645 $ 125 $ 697 $ 8,957 Ending Balance: individually evaluated for impairment $ 49 $ 14 $ - $ 13 $ - $ - $ - $ 76 Ending Balance: collectively evaluated for impairment $ 824 $ 1,672 $ 3,657 $ 1,262 $ 645 $ 125 $ 697 $ 8,881 Loans: Ending Balance: collectively evaluated for impairment $ 105,045 $ 169,869 $ 410,783 $ 149,490 $ 51,174 $ 10,754 $ 73,572 $ 970,687 Ending Balance: individually evaluated for impairment $ 2,071 $ 430 $ 4,858 $ 862 $ 595 $ 1 $ 230 $ 9,047 Ending Balance $ 107,116 $ 170,299 $ 415,641 $ 150,352 $ 51,769 $ 10,755 $ 73,802 $ 979,734

LOANS HELD FOR SALE

LOANS HELD FOR SALE	3 Months Ended
	Mar. 31, 2019
Loans Receivable Held-for-sale, Net, Not Part of Disposal Group [Abstract]
Loans Held For Sale [Text Block]	NOTE G – LOANS HELD FOR SALE The Company originates fixed and variable rate residential mortgage loans on a service release basis in the secondary market. Loans closed but not yet settled with an investor are carried in loans held for sale portfolio. Virtually all of these loans have commitments to be purchased by investors and the majority of these loans were locked in by price with the investors on the same day or shortly thereafter that the loan was locked in with customers. Therefore, these loans present very little market risk. The Company usually delivers to, and receive funding from, the investor within 30 to 60 days. Commitments to sell these loans to the investor are considered derivative contracts and are sold to investors on a “best efforts” basis. The Company is not obligated to deliver a loan or pay a penalty if a loan is not delivered to the investor. Because of the short-term nature of these derivative contracts, the fair value of the mortgage loans held for sale in most cases is materially the same as the value of the loan amount at its origination . Mortgage loans originated and intended for sale in the secondary market are carried at the lower of cost or estimated market value in the aggregate. Net unrealized losses are provided for in a valuation allowance by charges to operations as a component of mortgage banking income. Gains or losses on sales of loans are recognized when control over these assets are surrendered and are included in mortgage banking income in the consolidated statements of operations.

REVENUE RECOGNITION

REVENUE RECOGNITION	3 Months Ended
	Mar. 31, 2019
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Text Block]	NOTE H – REVENUE RECOGNITION On January 1, 2018, the Company adopted ASU No. 2014-09 Revenue from Contracts with Customers (Topic 606) and all subsequent ASUs that modified Topic 606. As stated in Note C, Recent Accounting Pronouncements , the implementation of the new standard did not have a material impact on the measurement or recognition of revenue; as such, a cumulative effect adjustment to opening retained earnings was not deemed necessary. Results for reporting periods beginning after January 1, 2018 are presented under Topic 606, while prior period amounts were not adjusted and continue to be reported in accordance with our historic accounting under Topic 605. Topic 606 does not apply to revenue associated with financial instruments, including revenue from loans and securities. In addition, certain noninterest income streams such as fees associated with mortgage servicing rights, financial guarantees, derivatives, and certain credit card fees are also not in scope of the new guidance. Topic 606 is applicable to noninterest revenue streams such as trust and asset management income, deposit related fees, interchange fees, merchant income, and annuity and insurance commissions. However, the recognition of these revenue streams did not change significantly upon adoption of Topic 606. Substantially all of the Company’s revenue is generated from contracts with customers. Noninterest revenue streams in-scope of Topic 606 are discussed below. Service Charges on Deposit Accounts Service charges on deposit accounts consist of insufficient funds fees, account analysis fees (i.e., net fees earned on analyzed business and public checking accounts), monthly service fees, check orders, and other deposit account related fees. The Company’s performance obligation for account analysis fees and monthly service fees is generally satisfied, and the related revenue recognized, over the period in which the service is provided. Check orders and other deposit account related fees are largely transactional based, and therefore, the Company’s performance obligation is satisfied, and related revenue recognized, at a point in time. Payment for service charges on deposit accounts is primarily received immediately or in the following month through a direct charge to customers’ accounts. Other Fees and Income Other fees and income primarily consist of debit and credit card income, ATM fees, merchant services income, and other service charges. Debit and credit card income primarily consists of interchange fees earned whenever the Company’s debit and credit cards are processed through card payment networks such as Visa. ATM fees are primarily generated when a Company cardholder uses a non-Company ATM or a non-Company cardholder uses a Company ATM. Merchant services income mainly represents fees charged to merchants to process their debit and credit card transactions, in addition to account management fees. Other service charges include revenue from processing wire transfers, bill pay service, cashier’s checks, and other services. The Company’s performance obligation for fees, exchange, and other service charges are largely satisfied, and related revenue recognized, when the services are rendered or upon completion. Payment is typically received immediately or in the following month. Other fees and income also includes other recurring revenue streams such as safe deposit box rental fees and other miscellaneous revenue streams. Safe deposit box rental fees are charged to the customer on an annual basis and recognized upon receipt of payment. The Company determined that since rentals and renewals occur fairly consistently over time, revenue is recognized on a basis consistent with the duration of the performance obligation. The following presents noninterest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the three months ended March 31, 2019 and 2018. Three Months Three Months Ended Ended March 31, March 31, 2019 2018 (dollars in thousands) Service Charges on Deposit Accounts $ 266 $ 276 Other 502 413 Noninterest Income (in-scope of Topic 606) 768 689 Noninterest Income (out-of-scope of Topic 606) 429 476 Total Non-interest Income $ 1,197 $ 1,165 Contract Balances A contract asset balance occurs when an entity performs a service for a customer before the customer pays consideration (resulting in a contract receivable) or before payment is due (resulting in a contract asset). A contract liability balance is an entity’s obligation to transfer a service to a customer for which the entity has already received payment (or payment is due) from the customer. The Company’s noninterest revenue streams are largely based on transactional activity. Consideration is often received immediately or shortly after the Company satisfies its performance obligation and revenue is recognized. The Company does not typically enter into long-term revenue contracts with customers, and therefore, does not experience significant contract balances. As of March 31, 2019 and December 31, 2018, the Company did not have any significant contract balances. Contract Acquisition Costs In connection with the adoption of Topic 606, an entity is required to capitalize, and subsequently amortize into expense, certain incremental costs of obtaining a contract with a customer if these costs are expected to be recovered. The incremental costs of obtaining a contract are those costs that an entity incurs to obtain a contract with a customer that it would not have incurred if the contract had not been obtained (for example, sales commission). The Company utilizes the practical expedient which allows entities to immediately expense contract acquisition costs when the asset that would have resulted from capitalizing these costs would have been amortized in one year or less. Upon adoption of Topic 606, the Company did not capitalize any contract acquisition cost.

OTHER REAL ESTATE OWNED

OTHER REAL ESTATE OWNED	3 Months Ended
	Mar. 31, 2019
Banking and Thrift [Abstract]
Real Estate Owned [Text Block]	NOTE I – OTHER REAL ESTATE OWNED The following table explains changes in other real estate owned, or OREO, during the three months ended March 31, 2019 and the year ended December 31, 2018: Three Months Twelve Months Ended Ended March 31, December 31, 2019 2018 (dollars in thousands) Beginning balance January 1 $ 1,088 $ 1,258 Sales (65 ) (717 ) Write-downs (3 ) (71 ) Transfers 26 618 Ending balance $ 1,046 $ 1,088 At March 31, 2019 and December 31, 2018, the Company had $1.0 million and $1.1 million, respectively, of foreclosed residential real estate property in OREO. The Company had five loans with a recorded investment in consumer mortgage loans collateralized by residential real estate property in the process of foreclosure in the aggregate amount of $770,000 at March 31, 2019. At December 31, 2018, the Company had 5 loans with recorded investment in the amount of $376,000 in consumer mortgage loans collateralized by residential real estate property in the process of foreclosure.

LEASES

LEASES	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
LEASES	Note J – LEASES The Company has operating leases for branches and certain equipment. The Company’s leases have remaining lease terms of 1 year to 15 At March 31, 2019, the Company did not have any leases that had not yet commenced for which we had created a right-of-use asset and a lease liability. The Company does not have any finance leases. For the operating leases the Company has elected the practical expedient of not separating lease components from non-lease components and instead to account for each separate lease component and the non-lease components associated with that lease as a single lease component. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. Most of the lease agreements include periodic rate adjustments for inflation. Most leases include one or more options to renew, with renewal terms that can extend the lease term from 1 to 25 years. The components of lease expense were as follows: (In thousands) Three Months Ended March 31, 2019 Operating lease cost $ 261 Supplemental cash flow information related to leases was as follows: (In thousands) Three Months Ended March 31, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 261 Right-of-use assets obtained in exchange for lease obligations: Operating leases 9,013 The following table presents the remaining weighted average lease terms and discount rates as of March 31, 2019: Weighted Average Remaining Lease Term Operating leases 7.3 years Weighted Average Discount Rate Operating leases 6.0 % Maturities of lease liabilities were as follows: (In thousands) Year Ending December 31, Operating Leases 2019 (excluding the three months ended March 31, 2019) $ 398 2020 580 2021 642 2022 713 2023 693 Thereafter 5,816 Total lease payments $ 8,842

PER SHARE RESULTS (Tables)

PER SHARE RESULTS (Tables)	3 Months Ended
	Mar. 31, 2019
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 March 31, 2019 and 2018 there were 168,120 and 121,300 anti-dilutive options outstanding, respectively. Three Months Ended March 31, 2019 2018 Weighted average shares used for basic net income per share 19,315,686 14,011,707 Effect of dilutive stock options 49,668 70,069 Weighted average shares used for diluted net income per share 19,365,354 14,081,776

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	3 Months Ended
	Mar. 31, 2019
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 March 31, 2019 and December 31, 2018 (in thousands): Quoted Prices in Significant Investment securities Active Markets Other Significant available for sale for Identical Observable Unobservable March 31, 2019 Fair value Assets (Level 1) Inputs (Level 2) Inputs (Level 3) U.S. government agencies- GSE’s $ 11,937 $ - $ 11,937 $ - Mortgage-backed securities-GSE’s 56,118 - 56,118 - Corporate bonds 1,638 - 1,638 - Municipal bonds 17,034 - 17,034 - Total investment for sale $ 86,727 $ - $ 86,727 $ - Quoted Prices in Significant Investment securities Active Markets Other Significant available for sale for Identical Observable Unobservable December 31, 2018 Fair value Assets (Level 1) Inputs (Level 2) Inputs (Level 3) U.S. government agencies- GSE’s $ 9,837 $ - $ 9,837 $ - Mortgage-backed securities-GSE’s 22,983 - 22,983 - Corporate bonds 1,722 - 1,722 - Municipal bonds 16,991 - 16,991 - Total investment for sale $ 51,533 $ - $ 51,533 $ -
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 March 31, 2019 and December 31, 2018 (in thousands): Quoted Prices in Significant Active Markets Other Significant Asset Category for Identical Observable Unobservable March 31, 2019 Fair value Assets (Level 1) Inputs (Level 2) Inputs (Level 3) Impaired loans $ 6,337 $ - $ - $ 6,337 Loans held for sale 354 - 354 - Assets held for sale 668 - - 668 Foreclosed real estate 1,046 - - 1,046 Total $ 8,405 $ - $ 354 $ 8,051 Quoted Prices in Significant Active Markets Other Significant Asset Category for Identical Observable Unobservable December 31, 2018 Fair value Assets (Level 1) Inputs (Level 2) Inputs (Level 3) Impaired loans $ 7,257 $ - $ - $ 7,257 Loans held for sale 580 - 580 - Assets held for sale 668 - - 668 Foreclosed real estate 1,088 - - 1,088 Total $ 9,593 $ - $ 580 $ 9,013
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]	The following table presents the carrying values and estimated fair values of the Company's financial instruments at March 31, 2019 and December 31, 2018: March 31, 2019 Carrying Estimated Amount Fair Value Level 1 Level 2 Level 3 (dollars in thousands) Financial assets: Cash and due from banks $ 15,586 $ 15,586 $ 15,586 $ - $ - Certificates of deposit 1,000 1,000 1,000 - - Interest-earning deposits in other banks 44,894 44,894 44,894 - - Federal funds sold 9,809 9,809 9,809 - - Investment securities available for sale 86,727 86,727 - 86,727 - Loans held for sale 354 354 354 - Loans, net 983,291 975,395 - - 975,395 Accrued interest receivable 4,120 4,120 - 4,120 - Stock in FHLB 3,342 3,342 - - 3,342 Other non-marketable securities 738 738 - - 738 Financial liabilities: Deposits $ 950,966 $ 952,022 $ - $ 952,022 $ - Short-term debt 7,000 7,000 - 7,000 - Long-term debt 57,372 55,878 - 55,878 - Accrued interest payable 519 519 - 519 - December 31, 2018 Carrying Estimated Amount Fair Value Level 1 Level 2 Level 3 (dollars in thousands) Financial assets: Cash and due from banks $ 17,059 $ 17,059 $ 17,059 $ - $ - Certificates of deposits 1,000 1,000 1,000 - - Interest-earning deposits in other banks 121,303 121,303 121,303 - - Investment securities available for sale 51,533 51,533 - 51,533 - Loans held for sale 580 580 - 580 - Loans, net 977,371 970,330 - - 970,330 Accrued interest receivable 3,889 3,889 - 3,889 - Stock in the FHLB 3,283 3,283 - - 3,283 Other non-marketable securities 762 762 - - 762 Assets held for sale 668 668 - - 668 Financial liabilities: Deposits $ 980,427 $ 979,570 $ - $ 979,570 $ - Short-term debt 7,000 7,000 - 7,000 - Long-term debt 57,372 55,504 - 55,504 - Accrued interest payable 667 667 - 667 -

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2019
Investments, Debt and Equity Securities [Abstract]
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	The amortized cost and fair value of available for sale investments (“AFS”), with gross unrealized gains and losses, follow: March 31, 2019 Gross Gross Amortized unrealized unrealized Fair cost gains losses value (dollars in thousands) Securities available for sale: U.S. government agencies GSE’s $ 11,808 $ 151 $ (22 ) $ 11,937 Mortgage-backed securities GSE’s 56,064 167 (113 ) 56,118 Corporate bonds 1,617 21 - 1,638 Municipal bonds 16,846 190 (2 ) 17,034 $ 86,335 $ 529 $ (137 ) $ 86,727 The amortized cost and fair value of available for sale (“AFS”) investments, with gross unrealized gains and losses, follow: December 31, 2018 Gross Gross Amortized unrealized unrealized Fair cost gains losses value (dollars in thousands) Securities available for sale: U.S. government agencies GSE’s $ 9,852 $ 36 $ (51 ) $ 9,837 Mortgage-backed securities GSE’s 23,150 62 (229 ) 22,983 Corporate bonds 1,697 25 - 1,722 Municipal bonds 16,910 105 (24 ) 16,991 $ 51,609 $ 228 $ (304 ) $ 51,533
Investments Classified by Contractual Maturity Date [Table Text Block]	The amortized cost and fair value of securities available for sale, with gross unrealized gains and losses, follow: March 31, 2019 Gross Gross Amortized unrealized unrealized Fair cost gains losses value (dollars in thousands) Securities available for sale: Within 1 year $ 5,174 $ 15 $ - $ 5,189 After 1 year but within 5 years 34,438 203 (126 ) 34,515 After 5 years but within 10 years 27,940 130 (10 ) 28,060 After 10 years 18,783 181 (1 ) 18,963 $ 86,335 $ 529 $ (137 ) $ 86,727 December 31, 2018 Gross Gross Amortized unrealized unrealized Fair cost gains losses value (dollars in thousands) Securities available for sale: Within 1 year $ 3,275 $ 13 $ - $ 3,288 After 1 year but within 5 years 32,862 96 (252 ) 32,706 After 5 years but within 10 years 6,551 48 (29 ) 6,570 After 10 years 8,921 71 (23 ) 8,969 $ 51,609 $ 228 $ (304 ) $ 51,533
Schedule of Unrealized Loss on Investments [Table Text Block]	The following tables show the gross unrealized losses and fair value of the Company’s investment securities, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position, at March 31, 2019 and December 31, 2018. March 31, 2019 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- GSEs $ - $ - $ 3,026 $ (22 ) $ 3,026 $ (22 ) Mortgage-backed securities- GSEs 10,044 (13 ) 11,858 (100 ) 21,902 (113 ) Municipal bonds - - 1,301 (2 ) 1,301 (2 ) Total temporarily impaired securities $ 10,044 $ (13 ) $ 16,185 $ (124 ) $ 26,229 $ (137 ) December 31, 2018 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- GSEs $ 1,224 $ (6 ) $ 4,086 $ (45 ) $ 5,310 $ (51 ) Mortgage-backed securities-GSEs 200 - 16,932 (229 ) 17,132 (229 ) Corporate bonds - - - - - - Municipal bonds 1,007 (2 ) 1,740 (22 ) 2,747 (24 ) Total temporarily impaired securities $ 2,431 $ (8 ) $ 22,758 $ (296 ) $ 25,189 $ (304 )

LOANS (Tables)

LOANS (Tables)	3 Months Ended
	Mar. 31, 2019
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 March 31, 2019 and December 31, 2018: March 31, December 31, Total Loans: 2019 2018 Percent Percent Amount of total Amount of total (dollars in thousands) Real estate loans: 1-to-4 family residential $ 156,732 15.80 % $ 159,597 16.19 % Commercial real estate 458,488 46.23 % 457,611 46.41 % Multi-family residential 57,230 5.77 % 63,459 6.44 % Construction 181,162 18.26 % 170,404 17.28 % Home equity lines of credit (“HELOC”) 48,760 4.92 % 49,713 5.04 % Total real estate loans 902,372 90.98 % 900,784 91.36 % Other loans: Commercial and industrial 79,729 8.04 % 74,181 7.52 % Loans to individuals 11,338 1.14 % 12,597 1.28 % Overdrafts 92 0.01 % 217 0.02 % Total other loans 91,159 9.19 % 86,995 8.82 % Gross loans 993,531 987,779 Less deferred loan origination fees, net (1,730 ) (0.17 )% (1,739 ) (0.18 )% Total loans 991,801 100.00 % 986,040 100.00 % Allowance for loan losses (8,510 ) (8,669 ) Total loans, net $ 983,291 $ 977,371
Schedule of Fair Values of Expected Cash Flows and Loan Related Payments to Acquired Company at the Time of Merger [Table Text Block]	For Purchased Credit Impaired, or PCI loans, the contractually required payments including principal and interest, cash flows expected to be collected and fair values as of March 31, 2019 and December 31, 2018 were: (dollars in thousands) March 31, 2019 December 31, 2018 Contractually required payments $ 24,366 $ 24,823 Nonaccretable difference 1,842 1,962 Cash flows expected to be collected 22,524 22,861 Accretable yield 3,721 3,593 Carrying value $ 18,803 $ 19,268
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 March 31, 2019 and December 31, 2018, respectively: March 31, 2019 30-59 60-89 90+ Non- Total Days Days Days Accrual Past Total Past Due Past Due Accruing Loans Due Current Loans (dollars in thousands) Commercial and industrial $ 36 $ 452 $ 1,340 $ 2,652 $ 4,480 $ 75,249 $ 79,729 Construction 31 1,799 70 543 2,443 178,719 181,162 Multi-family residential - - - - - 57,230 57,230 Commercial real estate 254 829 313 1,867 3,263 455,225 458,488 Loans to individuals & overdrafts 12 - - 29 41 11,389 11,430 1-to-4 family residential 594 75 1,423 266 2,358 154,374 156,732 HELOC 13 - - 980 993 47,767 48,760 Deferred loan (fees) cost, net - - - - - - (1,730 ) $ 940 $ 3,155 $ 3,146 $ 6,337 $ 13,578 $ 979,953 $ 991,801 December 31, 2018 30-59 60-89 90+ Non- Total Days Days Days Accrual Past Total Past Due Past Due Accruing Loans Due Current Loans (dollars in thousands) Commercial and industrial $ 27 $ 203 $ 1,665 $ 4,170 $ 6,065 $ 68,116 $ 74,181 Construction - - 69 587 656 169,748 170,404 Multi-family residential - - - - - 63,459 63,459 Commercial real estate 103 483 - 1,074 1,660 455,951 457,611 Loans to individuals & overdrafts 1 24 - - 25 12,789 12,814 1-to-4 family residential 502 505 1,433 386 2,826 156,771 159,597 HELOC - 43 - 1,040 1,083 48,630 49,713 Deferred loan (fees) cost, net - - - - - - (1,739 ) $ 633 $ 1,258 $ 3,167 $ 7,257 $ 12,315 $ 975,464 $ 986,040
Impaired Financing Receivables [Table Text Block]	The following tables present information on loans that were considered to be impaired as of March 31, 2019 and December 31, 2018: Three months ended As of March 31, 2019 March 31, 2019 Contractual Unpaid Related Average Interest Income Recorded Principal Allowance Recorded Recognized on Investment Balance for Loan Losses Investment Impaired Loans (dollars in thousands) With no related allowance recorded: Commercial and industrial $ 2,584 $ 2,788 $ - $ 3,853 $ 4 Construction 465 525 - 552 5 Commercial real estate 6,008 7,251 - 5,843 66 Multi-family residential 211 211 - 213 3 Loans to individuals 117 121 - 109 - HELOC 857 1,060 - 957 15 1-to-4 family residential 648 1,196 - 990 16 Subtotal: 10,890 13,152 - 12,517 109 With an allowance recorded: Commercial and industrial 183 239 75 232 6 Construction 78 133 - - - HELOC - - - - - 1-to-4 family residential - - 7 134 7 Subtotal: 261 372 82 366 13 Totals: Commercial 9,451 11,014 75 10,693 84 Consumer 117 121 - 109 - Residential 1,583 2,389 7 2,081 38 Grand Total: $ 11,151 $ 13,524 $ 82 $ 12,883 $ 122 Three months ended As of December 31, 2018 March 31, 2018 Contractual Unpaid Related Average Interest Income Recorded Principal Allowance Recorded Recognized on Investment Balance for Loan Losses Investment Impaired Loans (dollars in thousands) With no related allowance recorded: Commercial and industrial $ 4,210 $ 4,495 $ - $ 1,806 $ 72 Construction 561 647 - 382 1 Commercial real estate 4,744 6,903 - 4,655 60 Multi-family residential 101 109 - 232 3 Loans to individuals 215 215 - 1 - HELOC 1,040 1,204 - 803 13 1-to-4 family residential 572 732 - 998 48 Subtotal: 11,443 14,305 - 8,877 197 With an allowance recorded: Commercial and industrial 127 325 51 142 1 Construction 27 27 14 13 - HELOC - - - 16 - 1-to-4 family residential 137 555 22 177 5 Subtotal: 291 907 87 348 6 Totals: Commercial 10,007 12,612 65 7,230 137 Consumer 101 109 - 1 - Residential 1,626 2,491 22 1,994 66 Grand Total: $ 11,734 $ 15,212 $ 87 $ 9,225 $ 203
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 first quarter of 2019 and 2018: Three months ended March 31, 2019 Three months ended March 31, 2018 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) Extended payment terms: Commercial and industrial 4 $ 1,365 $ 1,275 4 $ 1,046 $ 1,046 Commercial real estate 3 1,283 1,015 - - - 1-to-4 family residential 2 432 409 - - - Loans to individuals 1 1 1 - - - Total 10 $ 3,081 $ 2,700 4 $ 1,046 $ 1,046 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 during that period together with concessions made by loan class during the twelve month periods ended March 31, 2019 and 2018: Twelve months ended Twelve months ended March 31, 2019 March 31, 2018 Number Recorded Number Recorded of loans investment of loans investment (dollars in thousands) Extended payment terms: Commercial and industrial 8 $ 1,591 3 $ 996 Construction 1 34 1 62 Commercial real estate 3 697 1 899 Loans to Individuals 1 1 - - 1-to-4 family residential 4 128 2 125 Total 17 $ 2,451 7 $ 2,082
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 March 31, 2019 and December 31, 2018, respectively: Total loans: March 31, 2019 Commercial Credit Exposure By Commercial Commercial Internally and real Multi-family Assigned Grade industrial Construction estate residential (dollars in thousands) Superior $ 990 $ - $ 185 $ - Very good 2,207 142 1,075 - Good 6,203 11,705 53,857 4,965 Acceptable 25,780 24,847 271,454 35,438 Acceptable with care 38,572 141,357 124,997 16,616 Special mention 84 697 1,414 - Substandard 5,893 2,414 5,506 211 Doubtful - - - - Loss - - - - $ 79,729 $ 181,162 $ 458,488 $ 57,230 Consumer Credit Exposure By Internally 1-to-4 family Assigned Grade residential HELOC Pass $ 153,077 $ 47,300 Special mention 1,125 76 Substandard 2,530 1,384 $ 156,732 $ 48,760 Consumer Credit Exposure Based Loans to On Payment individuals & Activity overdrafts Pass $ 11,309 Non -pass 121 $ 11,430 Total Loans: December 31, 2018 Commercial Credit Exposure By Commercial Commercial Internally and real Multi-family Assigned Grade industrial Construction estate residential (dollars in thousands) Superior $ 1,662 $ - $ 21 $ - Very good 2,266 246 1,120 - Good 5,773 12,106 47,959 5,116 Acceptable 22,332 30,897 263,017 37,832 Acceptable with care 34,626 125,788 139,484 20,296 Special mention 879 711 1,789 - Substandard 6,643 656 4,221 215 Doubtful - - - - Loss - - - - $ 74,181 $ 170,404 $ 457,611 $ 63,459 Consumer Credit Exposure By Internally 1-to-4 family Assigned Grade residential HELOC Pass $ 155,117 $ 48,143 Special mention 900 88 Substandard 3,580 1,482 $ 159,597 $ 49,713 Consumer Credit Exposure Based Loans to On Payment individuals & Activity overdrafts Pass $ 10,891 Special mention 1,923 $ 12,814
Schedule Of Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield [Table Text Block]	The following table documents changes to the amount of the accretable yield on PCI loans for the three months ended March 31, 2019 and 2018: 2019 2018 (dollars in thousands) Accretable yield, beginning of period $ 3,593 $ 3,307 Accretion (288 ) (354 ) Reclassification from (to) nonaccretable difference 117 - Other changes, net 299 87 Accretable yield, end of period $ 3,721 $ 3,040
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 periods ended March 31, 2019 and March 31, 2018, respectively (dollars in thousands): Three months ended March 31, 2019 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 Loans – excluding PCI Balance, beginning of period $ 762 $ 1,385 $ 3,024 $ 1,663 $ 555 $ 206 $ 471 $ 8,066 Provision for (recovery of) loan losses 214 186 356 (461 ) (80 ) (15 ) (63 ) 137 Loans charged-off (251 ) - - - (49 ) (19 ) - (319 ) Recoveries 5 1 15 9 13 5 - 48 Balance, end of period $ 730 $ 1,572 $ 3,395 $ 1,211 $ 439 $ 177 $ 408 $ 7,932 PCI Loans Balance, beginning of period $ 214 $ - $ 385 $ 4 $ - $ - $ - $ 603 Provision for (recovery of) loan losses (168 ) 23 (152 ) 242 2 - 28 (25 ) Loans charged-off - - - - - - - - Recoveries - - - - - - - - Balance, end of period $ 46 $ 23 $ 233 $ 246 $ 2 $ - $ 28 $ 578 Total Loans Balance, beginning of period $ 976 $ 1,385 $ 3,409 $ 1,667 $ 555 $ 206 $ 471 $ 8,669 Provision for (recovery of) loan losses 46 209 204 (219 ) (78 ) (15 ) (35 ) 112 Loans charged-off (251 ) - - - (49 ) (19 ) - (319 ) Recoveries 5 1 15 9 13 5 - 48 Balance, end of period $ 776 $ 1,595 $ 3,628 $ 1,457 $ 441 $ 177 $ 436 $ 8,510 Ending Balance: individually evaluated for impairment $ 75 $ - $ - $ 7 $ - $ - $ - $ 82 Ending Balance: collectively evaluated for impairment $ 701 $ 1,595 $ 3,628 $ 1,450 $ 441 $ 177 $ 436 $ 8,428 Loans: Ending Balance: collectively evaluated for impairment non PCI loans $ 75,481 $ 179,872 $ 444,893 $ 148,073 $ 47,853 $ 11,313 $ 56,092 $ 963,577 Ending Balance: collectively evaluated for impairment PCI loans $ 1,481 $ 747 $ 7,587 $ 8,011 $ 50 $ - $ 927 $ 18,803 Ending Balance: individually evaluated for impairment $ 2,767 $ 543 $ 6,008 $ 648 $ 857 $ 117 $ 211 $ 11,151 Ending Balance $ 79,729 $ 181,162 $ 458,488 $ 156,732 $ 48,760 $ 11,430 $ 57,230 $ 993,531 Three months ended March 31, 2018 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 Loans – excluding PCI Balance, beginning of period $ 742 $ 1,955 $ 3,304 $ 1,058 $ 549 $ 305 $ 791 $ 8,704 Provision for (recovery of) loan losses (10 ) (275 ) 282 208 125 (174 ) (94 ) 62 Loans charged-off (9 ) - - - (35 ) (15 ) - (59 ) Recoveries 6 6 4 9 6 9 - 40 Balance, end of period $ 729 $ 1,686 $ 3,590 $ 1,275 $ 645 $ 125 $ 697 $ 8,747 PCI Loans Balance, beginning of period $ 65 $ - $ 66 $ - $ - $ - $ - $ 131 Provision for loan losses 79 - - - - - - 79 Loans charged-off - - - - - - - - Recoveries - - - - - - - - Balance, end of period $ 144 $ - $ 66 $ - $ - $ - $ - $ 210 Total Loans Balance, beginning of period $ 807 $ 1,955 $ 3,370 $ 1,058 $ 549 $ 305 $ 791 $ 8,835 Provision for (recovery of) loan losses 69 (275 ) 282 208 125 (174 ) (94 ) 141 Loans charged-off (9 ) - - - (35 ) (15 ) - (59 ) Recoveries 6 6 4 9 6 9 - 40 Balance, end of period $ 873 $ 1,686 $ 3,656 $ 1,275 $ 645 $ 125 $ 697 $ 8,957 Ending Balance: individually evaluated for impairment $ 49 $ 14 $ - $ 13 $ - $ - $ - $ 76 Ending Balance: collectively evaluated for impairment $ 824 $ 1,672 $ 3,657 $ 1,262 $ 645 $ 125 $ 697 $ 8,881 Loans: Ending Balance: collectively evaluated for impairment $ 105,045 $ 169,869 $ 410,783 $ 149,490 $ 51,174 $ 10,754 $ 73,572 $ 970,687 Ending Balance: individually evaluated for impairment $ 2,071 $ 430 $ 4,858 $ 862 $ 595 $ 1 $ 230 $ 9,047 Ending Balance $ 107,116 $ 170,299 $ 415,641 $ 150,352 $ 51,769 $ 10,755 $ 73,802 $ 979,734

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	3 Months Ended
	Mar. 31, 2019
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue [Table Text Block]	The following presents noninterest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the three months ended March 31, 2019 and 2018. Three Months Three Months Ended Ended March 31, March 31, 2019 2018 (dollars in thousands) Service Charges on Deposit Accounts $ 266 $ 276 Other 502 413 Noninterest Income (in-scope of Topic 606) 768 689 Noninterest Income (out-of-scope of Topic 606) 429 476 Total Non-interest Income $ 1,197 $ 1,165

OTHER REAL ESTATE OWNED (Tables

OTHER REAL ESTATE OWNED (Tables)	3 Months Ended
	Mar. 31, 2019
Banking and Thrift [Abstract]
Schedule Of Real Estate Owned Properties [Table Text Block]	The following table explains changes in other real estate owned, or OREO, during the three months ended March 31, 2019 and the year ended December 31, 2018: Three Months Twelve Months Ended Ended March 31, December 31, 2019 2018 (dollars in thousands) Beginning balance January 1 $ 1,088 $ 1,258 Sales (65 ) (717 ) Write-downs (3 ) (71 ) Transfers 26 618 Ending balance $ 1,046 $ 1,088

LEASES (Tables)

LEASES (Tables)	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Lease, Cost [Table Text Block]	The components of lease expense were as follows: (In thousands) Three Months Ended March 31, 2019 Operating lease cost $ 261
Supplemental Cash Flow Related To Leases [Table Text Block]	Supplemental cash flow information related to leases was as follows: (In thousands) Three Months Ended March 31, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 261 Right-of-use assets obtained in exchange for lease obligations: Operating leases 9,013 The following table presents the remaining weighted average lease terms and discount rates as of March 31, 2019: Weighted Average Remaining Lease Term Operating leases 7.3 years Weighted Average Discount Rate Operating leases 6.0 %
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Maturities of lease liabilities were as follows: (In thousands) Year Ending December 31, Operating Leases 2019 (excluding the three months ended March 31, 2019) $ 398 2020 580 2021 642 2022 713 2023 693 Thereafter 5,816 Total lease payments $ 8,842

PER SHARE RESULTS (Details)

PER SHARE RESULTS (Details) - shares	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Weighted average shares used for basic net income per share	19,315,686	14,011,707
Effect of dilutive stock options	49,668	70,069
Weighted average number of common shares and dilutive potential common shares used in computing diluted net income per share	19,365,354	14,081,776

PER SHARE RESULTS (Details Text

PER SHARE RESULTS (Details Textual) - shares	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	168,120	121,300

RECENT ACCOUNTING PRONOUNCEME_2

RECENT ACCOUNTING PRONOUNCEMENTS (Detail Textual) - USD ($)	Mar. 31, 2019	Jan. 01, 2019	Dec. 31, 2018	[1]
Operating Lease, Right-of-Use Asset	$ 8,750,000		$ 0
Operating Lease, Liability	$ 8,842,000		$ 0
Accounting Standards Update 2016-02 [Member]
Operating Lease, Right-of-Use Asset		$ 9,013,900
Operating Lease, Liability		$ 9,013,900
[1]	Derived from audited consolidated financial statements.

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Assets, Fair Value Disclosure	$ 86,727	$ 51,533
US Government Agencies Debt Securities [Member]
Assets, Fair Value Disclosure	11,937	9,837
Mortgage-backed securities [Member]
Assets, Fair Value Disclosure	56,118	22,983
Municipal Bonds [Member]
Assets, Fair Value Disclosure	17,034	16,991
Corporate Debt Securities [Member]
Assets, Fair Value Disclosure	1,638	1,722
Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | US Government Agencies Debt Securities [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | Mortgage-backed securities [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | Municipal Bonds [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | Corporate Debt Securities [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value Disclosure	86,727	51,533
Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member]
Assets, Fair Value Disclosure	11,937	9,837
Fair Value, Inputs, Level 2 [Member] | Mortgage-backed securities [Member]
Assets, Fair Value Disclosure	56,118	22,983
Fair Value, Inputs, Level 2 [Member] | Municipal Bonds [Member]
Assets, Fair Value Disclosure	17,034	16,991
Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member]
Assets, Fair Value Disclosure	1,638	1,722
Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | US Government Agencies Debt Securities [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | Mortgage-backed securities [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | Municipal Bonds [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 3 [Member] | Corporate Debt Securities [Member]
Assets, Fair Value Disclosure	$ 0	$ 0

FAIR VALUE MEASUREMENTS (Deta_2

FAIR VALUE MEASUREMENTS (Details 1) - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Assets, Fair Value Disclosure	$ 8,405	$ 9,593
Impaired Loans [Member]
Assets, Fair Value Disclosure	6,337	7,257
Assets held for sale [Member]
Assets, Fair Value Disclosure	668	668
Foreclosed Real Estate [Member]
Assets, Fair Value Disclosure	1,046	1,088
Loans Held For Sale [Member]
Assets, Fair Value Disclosure	354	580
Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | Impaired Loans [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | Assets held for sale [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | Foreclosed Real Estate [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 1 [Member] | Loans Held For Sale [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value Disclosure	354	580
Fair Value, Inputs, Level 2 [Member] | Impaired Loans [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 2 [Member] | Assets held for sale [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 2 [Member] | Foreclosed Real Estate [Member]
Assets, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 2 [Member] | Loans Held For Sale [Member]
Assets, Fair Value Disclosure	354	580
Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value Disclosure	8,051	9,013
Fair Value, Inputs, Level 3 [Member] | Impaired Loans [Member]
Assets, Fair Value Disclosure	6,337	7,257
Fair Value, Inputs, Level 3 [Member] | Assets held for sale [Member]
Assets, Fair Value Disclosure	668	668
Fair Value, Inputs, Level 3 [Member] | Foreclosed Real Estate [Member]
Assets, Fair Value Disclosure	1,046	1,088
Fair Value, Inputs, Level 3 [Member] | Loans Held For Sale [Member]
Assets, Fair Value Disclosure	$ 0	$ 0

FAIR VALUE MEASUREMENTS (Deta_3

FAIR VALUE MEASUREMENTS (Details 2) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Financial assets:
Cash and due from banks	$ 15,586	$ 17,059	[1]
Certificates of deposits	1,000	1,000
Interest-earning deposits in other banks	44,894	121,303
Federal funds sold	9,809	0	[1]
Investment securities available for sale	86,727	51,533
Loans held for sale	354	580	[1]
Loans, net	983,291	977,371
Accrued interest receivable	4,120	3,889	[1]
Stock in the FHLB	3,342	3,283	[1]
Other non-marketable securities	738	762
Assets held for sale		668
Financial liabilities:
Deposits	950,966	980,427	[1]
Short-term debt	7,000	7,000	[1]
Long-term debt	57,372	57,372	[1]
Accrued interest payable	519	667	[1]
Estimate of Fair Value Measurement [Member]
Financial assets:
Cash and due from banks	15,586	17,059
Certificates of deposits	1,000	1,000
Interest-earning deposits in other banks	44,894	121,303
Federal funds sold	9,809
Investment securities available for sale	86,727	51,533
Loans held for sale	354	580
Loans, net	975,395	970,330
Accrued interest receivable	4,120	3,889
Stock in the FHLB	3,342	3,283
Other non-marketable securities	738	762
Assets held for sale		668
Financial liabilities:
Deposits	952,022	979,570
Short-term debt	7,000	7,000
Long-term debt	55,878	55,504
Accrued interest payable	519	667
Fair Value, Inputs, Level 1 [Member]
Financial assets:
Cash and due from banks	15,586	17,059
Certificates of deposits	1,000	1,000
Interest-earning deposits in other banks	44,894	121,303
Federal funds sold	9,809
Investment securities available for sale	0	0
Loans held for sale		0
Loans, net	0	0
Accrued interest receivable	0	0
Stock in the FHLB	0	0
Other non-marketable securities	0	0
Assets held for sale		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
Certificates of deposits	0	0
Interest-earning deposits in other banks	0	0
Federal funds sold	0
Investment securities available for sale	86,727	51,533
Loans held for sale	354	580
Loans, net	0	0
Accrued interest receivable	4,120	3,889
Stock in the FHLB	0	0
Other non-marketable securities	0	0
Assets held for sale		0
Financial liabilities:
Deposits	952,022	979,570
Short-term debt	7,000	7,000
Long-term debt	55,878	55,504
Accrued interest payable	519	667
Fair Value, Inputs, Level 3 [Member]
Financial assets:
Cash and due from banks	0	0
Certificates of deposits	0	0
Interest-earning deposits in other banks	0	0
Federal funds sold	0
Investment securities available for sale	0	0
Loans held for sale	0	0
Loans, net	975,395	970,330
Accrued interest receivable	0	0
Stock in the FHLB	3,342	3,283
Other non-marketable securities	738	762
Assets held for sale		668
Financial liabilities:
Deposits	0	0
Short-term debt	0	0
Long-term debt	0	0
Accrued interest payable	$ 0	$ 0
[1]	Derived from audited consolidated financial statements.

FAIR VALUE MEASUREMENTS (Deta_4

FAIR VALUE MEASUREMENTS (Details Textual)	Mar. 31, 2019
Minimum [Member]
Percentage Of Discount From Impaired Loans	5.00%
Percentage Of Discount From Assets held for sale	1.00%
Minimum [Member] | Fair Value, Measurements, Nonrecurring [Member]
Percentage Of Discount From Foreclosed Real Estate	6.00%
Maximum [Member]
Percentage Of Discount From Impaired Loans	50.00%
Percentage Of Discount From Assets held for sale	25.00%
Maximum [Member] | Fair Value, Measurements, Nonrecurring [Member]
Percentage Of Discount From Foreclosed Real Estate	10.00%

INVESTMENT SECURITIES (Details)

INVESTMENT SECURITIES (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Securities available for sale:
Amortized cost	$ 86,335	$ 51,609
Gross unrealized gains	529	228
Gross unrealized Losses	(137)	(304)
Fair value	86,727	51,533	[1]
U.S. government agencies - GSE's
Securities available for sale:
Amortized cost	11,808	9,852
Gross unrealized gains	151	36
Gross unrealized Losses	(22)	(51)
Fair value	11,937	9,837
Mortgage-backed securities - GSE's [Member]
Securities available for sale:
Amortized cost	56,064	23,150
Gross unrealized gains	167	62
Gross unrealized Losses	(113)	(229)
Fair value	56,118	22,983
Municipal bonds [Member]
Securities available for sale:
Amortized cost	16,846	16,910
Gross unrealized gains	190	105
Gross unrealized Losses	(2)	(24)
Fair value	17,034	16,991
Corporate Bonds [Member]
Securities available for sale:
Amortized cost	1,617	1,697
Gross unrealized gains	21	25
Gross unrealized Losses	0	0
Fair value	$ 1,638	$ 1,722
[1]	Derived from audited consolidated financial statements.

INVESTMENT SECURITIES (Details

INVESTMENT SECURITIES (Details 1) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Amortized Cost, Within 1 year	$ 5,174	$ 3,275
Gross unrealized gains, Within 1 year	15	13
Gross unrealized losses, Within 1 year	0	0
Fair Value, Within 1 year	5,189	3,288
Amortized Cost, After 1 year but within 5 years	34,438	32,862
Gross unrealized gains, After 1 year but within 5 years	203	96
Gross unrealized losses, After 1 year but within 5 years	(126)	(252)
Fair Value, After 1 year but within 5 years	34,515	32,706
Amortized Cost, After 5 years but within 10 years	27,940	6,551
Gross unrealized gains, After 5 years but within 10 years	130	48
Gross unrealized losses, After 5 years but within 10 years	(10)	(29)
Fair Value, After 5 years but within 10 years	28,060	6,570
Amortized Cost, After 10 years	18,783	8,921
Gross unrealized gains, After 10 years	181	71
Gross unrealized losses, After 10 years	(1)	(23)
Fair Value, After 10 years	18,963	8,969
Available-for-sale Securities, Amortized Cost Total	86,335	51,609
Available-for-sale securities, Gross unrealized gain Total	529	228
Available-for-sale securities, Gross unrealized loss Total	(137)	(304)
Available-for-sale Securities, Fair Value Total	$ 86,727	$ 51,533	[1]
[1]	Derived from audited consolidated financial statements.

INVESTMENT SECURITIES (Detail_2

INVESTMENT SECURITIES (Details 2) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
U.S. government agencies - GSE's
Securities available for sale:
Less Than 12 Months Fair value	$ 0	$ 1,224
Less Than 12 Months Unrealized losses	0	(6)
12 Months or More Fair value	3,026	4,086
12 Months or More Unrealized losses	(22)	(45)
Total Fair value	3,026	5,310
Total Unrealized losses	(22)	(51)
Mortgage-backed securities - GSE's [Member]
Securities available for sale:
Less Than 12 Months Fair value	10,044	200
Less Than 12 Months Unrealized losses	(13)	0
12 Months or More Fair value	11,858	16,932
12 Months or More Unrealized losses	(100)	(229)
Total Fair value	21,902	17,132
Total Unrealized losses	(113)	(229)
Corporate Bonds [Member]
Securities available for sale:
Less Than 12 Months Fair value		0
Less Than 12 Months Unrealized losses		0
12 Months or More Fair value		0
12 Months or More Unrealized losses		0
Total Fair value		0
Total Unrealized losses		0
Municipal bonds [Member]
Securities available for sale:
Less Than 12 Months Fair value	0	1,007
Less Than 12 Months Unrealized losses	0	(2)
12 Months or More Fair value	1,301	1,740
12 Months or More Unrealized losses	(2)	(22)
Total Fair value	1,301	2,747
Total Unrealized losses	(2)	(24)
Total temporarily impaired securities [Member]
Securities available for sale:
Less Than 12 Months Fair value	10,044	2,431
Less Than 12 Months Unrealized losses	(13)	(8)
12 Months or More Fair value	16,185	22,758
12 Months or More Unrealized losses	(124)	(296)
Total Fair value	26,229	25,189
Total Unrealized losses	$ (137)	$ (304)

INVESTMENT SECURITIES (Detail_3

INVESTMENT SECURITIES (Details Textual) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
US Government Securities, at Carrying Value	$ 6,100,000	$ 6,400,000
Trading Securities Descriptions	At March 31, 2019, the Company had twenty-two securities with an unrealized loss for more than twelve months of $124,000 which consisted of five U.S. government agencies-GSEs, fourteen mortgage-backed GSEs and three municipal bonds. Three mortgage-backed GSEs had unrealized losses for less than twelve months totaling $13,000 at March 31, 2019. All unrealized losses are attributable to the general trend of interest rates. There were no sales of investment securities during the first quarter of 2019.	At December 31, 2018, the Company had twenty-four AFS mortgage-backed GSE’s, four municipals and six U.S Government agencies – GSE’s with an unrealized loss for twelve or more consecutive months totaling $296,000. The Company had six AFS securities with a loss for twelve months or less. Three U.S. government agency GSE’s, two municipals and one mortgage-backed GSE had unrealized losses for less than twelve months totaling $8,000 at December 31, 2018. All unrealized losses are attributable to the general trend of interest rates and the abnormal spreads of all debt instruments to U.S. Treasury securities. There were no sales of investment securities available for sale during 2018.
Available-for-sale Securities, Gross Unrealized Gain (Loss)	$ 392,000	$ 76,000
Deferred Income Taxes and Other Liabilities, Noncurrent	91,000	17,000
Temporarily Impaired Securities [Member]
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	124,000	296,000
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	$ 13,000	$ 8,000

LOANS (Details)

LOANS (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018		Mar. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	$ 993,531	$ 987,779
Less deferred loan origination fees, net	(1,730)	(1,739)
Total loans	991,801	986,040	[1]	$ 979,734
Allowance for loan losses	(8,510)	(8,669)	[1]
Total loans, net	$ 983,291	$ 977,371	[1]
Less Percentage of deferred loan origination fees, net	(0.17%)	(0.18%)
Percent of total	100.00%	100.00%
1- to- 4 family residential Real estate loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 156,732	$ 159,597		150,352
Percent of total	15.80%	16.19%
Commercial Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 458,488	$ 457,611		415,641
Percent of total	46.23%	46.41%
Multi-family residential Real estate loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 57,230	$ 63,459		73,802
Percent of total	5.77%	6.44%
Construction Real estate loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 181,162	$ 170,404		170,299
Percent of total	18.26%	17.28%
Home Equity Line of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 48,760	$ 49,713		51,769
Percent of total	4.92%	5.04%
Total real estate loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 902,372	$ 900,784
Percent of total	90.98%	91.36%
Commercial and industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 79,729	$ 74,181		$ 107,116
Percent of total	8.04%	7.52%
Loans to individuals [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 11,338	$ 12,597
Percent of total	1.14%	1.28%
Overdrafts Other loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 92	$ 217
Percent of total	0.01%	0.02%
Total other loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 91,159	$ 86,995
Percent of total	9.19%	8.82%
[1]	Derived from audited consolidated financial statements.

LOANS (Details 1)

LOANS (Details 1) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Financing Receivable, Allowance for Credit Losses [Line Items]
Contractually required payments	$ 24,366	$ 24,823
Nonaccretable difference	1,842	1,962
Cash flows expected to be collected	22,524	22,861
Accretable yield	3,721	3,593
Carrying value	$ 18,803	$ 19,268

LOANS (Details 2)

LOANS (Details 2) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018		Mar. 31, 2018
Financing Receivable, Recorded Investment, Past Due [Line Items]
Deferred loan (fees) cost, net	$ (1,730)	$ (1,739)
Total Loans	991,801	986,040	[1]	$ 979,734
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	940	633
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	3,155	1,258
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	3,146	3,167
Total Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	13,578	12,315
Current	979,953	975,464
Deferred loan (fees) cost, net	(1,730)	(1,739)
Total Loans	991,801	986,040
Non Accrual Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	6,337	7,257
Commercial and Industrial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	79,729	74,181		107,116
Commercial and Industrial [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	36	27
Commercial and Industrial [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	452	203
Commercial and Industrial [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,340	1,665
Commercial and Industrial [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	4,480	6,065
Current	75,249	68,116
Total Loans	79,729	74,181
Commercial and Industrial [Member] | Non Accrual Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,652	4,170
Construction Loans Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	181,162	170,404		170,299
Construction Loans Real Estate [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	31	0
Construction Loans Real Estate [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,799	0
Construction Loans Real Estate [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	70	69
Construction Loans Real Estate [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,443	656
Current	178,719	169,748
Total Loans	181,162	170,404
Construction Loans Real Estate [Member] | Non Accrual Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	543	587
Multi Family Residential Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	57,230	63,459		73,802
Multi Family Residential Real Estate [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Multi Family Residential Real Estate [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Multi Family Residential Real Estate [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Multi Family Residential Real Estate [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Current	57,230	63,459
Total Loans	57,230	63,459
Multi Family Residential Real Estate [Member] | Non Accrual Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	458,488	457,611		415,641
Commercial Real Estate [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	254	103
Commercial Real Estate [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	829	483
Commercial Real Estate [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	313	0
Commercial Real Estate [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	3,263	1,660
Current	455,225	455,951
Total Loans	458,488	457,611
Commercial Real Estate [Member] | Non Accrual Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,867	1,074
Loans to Individuals and Overdrafts [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	11,430	1,923		10,755
Loans to Individuals and Overdrafts [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	12	1
Loans to Individuals and Overdrafts [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	24
Loans to Individuals and Overdrafts [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Loans to Individuals and Overdrafts [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	41	25
Current	11,389	12,789
Total Loans	11,430	12,814
Loans to Individuals and Overdrafts [Member] | Non Accrual Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	29	0
1-to-4 family residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	156,732	159,597		150,352
1-to-4 family residential [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	594	502
1-to-4 family residential [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	75	505
1-to-4 family residential [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,423	1,433
1-to-4 family residential [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,358	2,826
Current	154,374	156,771
Total Loans	156,732	159,597
1-to-4 family residential [Member] | Non Accrual Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	266	386
Home Equity Line of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	48,760	49,713		$ 51,769
Home Equity Line of Credit [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	13	0
Home Equity Line of Credit [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	43
Home Equity Line of Credit [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Home Equity Line of Credit [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	993	1,083
Current	47,767	48,630
Total Loans	48,760	49,713
Home Equity Line of Credit [Member] | Non Accrual Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 980	$ 1,040
[1]	Derived from audited consolidated financial statements.

LOANS (Details 3)

LOANS (Details 3) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Financing Receivable, Impaired [Line Items]
With no related allowance, Recorded Investment	$ 10,890		$ 11,443
With no related allowance, Contractual Unpaid Principal Balance	13,152		14,305
With no related allowance, Average Recorded Investment	12,517	$ 8,877
With no related allowance, Interest Income Recognized on Impaired Loans	109	197
With an related allowance, Recorded Investment	261		291
With an related allowance, Contractual Unpaid Principal Balance	372		907
With an related allowance, Average Recorded Investment	366	348
With an related allowance, Interest Income Recognized on Impaired Loans	13	6
Related Allowance	82		87
Recorded Investment Total	11,151		11,734
Contractual Unpaid Principal Balance Total	13,524		15,212
Average Recorded Investment Total	12,883	9,225
Interest Income Recognized on impaired Loans Total	122	203
Residential Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Related Allowance	7		22
Recorded Investment Total	1,583		1,626
Contractual Unpaid Principal Balance Total	2,389		2,491
Average Recorded Investment Total	2,081	1,994
Interest Income Recognized on impaired Loans Total	38	66
Commercial Loan [Member]
Financing Receivable, Impaired [Line Items]
Related Allowance	75		65
Recorded Investment Total	9,451		10,007
Contractual Unpaid Principal Balance Total	11,014		12,612
Average Recorded Investment Total	10,693	7,230
Interest Income Recognized on impaired Loans Total	84	137
Consumer Loan [Member]
Financing Receivable, Impaired [Line Items]
Related Allowance	0		0
Recorded Investment Total	117		101
Contractual Unpaid Principal Balance Total	121		109
Average Recorded Investment Total	109	1
Interest Income Recognized on impaired Loans Total	0	0
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance, Recorded Investment	2,584		4,210
With no related allowance, Contractual Unpaid Principal Balance	2,788		4,495
With no related allowance, Average Recorded Investment	3,853	1,806
With no related allowance, Interest Income Recognized on Impaired Loans	4	72
With an related allowance, Recorded Investment	183		127
With an related allowance, Contractual Unpaid Principal Balance	239		325
With an related allowance, Average Recorded Investment	232	142
With an related allowance, Interest Income Recognized on Impaired Loans	6	1
Related Allowance	75		51
Construction Loans Real Estate [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance, Recorded Investment	465		561
With no related allowance, Contractual Unpaid Principal Balance	525		647
With no related allowance, Average Recorded Investment	552	382
With no related allowance, Interest Income Recognized on Impaired Loans	5	1
With an related allowance, Recorded Investment	78		27
With an related allowance, Contractual Unpaid Principal Balance	133		27
With an related allowance, Average Recorded Investment	0	13
With an related allowance, Interest Income Recognized on Impaired Loans	0	0
Related Allowance	0		14
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance, Recorded Investment	6,008		4,744
With no related allowance, Contractual Unpaid Principal Balance	7,251		6,903
With no related allowance, Average Recorded Investment	5,843	4,655
With no related allowance, Interest Income Recognized on Impaired Loans	66	60
Loans to Individuals and Overdrafts [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance, Recorded Investment	117		215
With no related allowance, Contractual Unpaid Principal Balance	121		215
With no related allowance, Average Recorded Investment	109	1
With no related allowance, Interest Income Recognized on Impaired Loans	0	0
Multi Family Residential Real Estate [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance, Recorded Investment	211		101
With no related allowance, Contractual Unpaid Principal Balance	211		109
With no related allowance, Average Recorded Investment	213	232
With no related allowance, Interest Income Recognized on Impaired Loans	3	3
Home Equity Line of Credit [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance, Recorded Investment	857		1,040
With no related allowance, Contractual Unpaid Principal Balance	1,060		1,204
With no related allowance, Average Recorded Investment	957	803
With no related allowance, Interest Income Recognized on Impaired Loans	15	13
With an related allowance, Recorded Investment	0		0
With an related allowance, Contractual Unpaid Principal Balance	0		0
With an related allowance, Average Recorded Investment	0	16
With an related allowance, Interest Income Recognized on Impaired Loans	0	0
Related Allowance	0		0
1-to-4 family residential [Member]
Financing Receivable, Impaired [Line Items]
With no related allowance, Recorded Investment	648		572
With no related allowance, Contractual Unpaid Principal Balance	1,196		732
With no related allowance, Average Recorded Investment	990	998
With no related allowance, Interest Income Recognized on Impaired Loans	16	48
With an related allowance, Recorded Investment	0		137
With an related allowance, Contractual Unpaid Principal Balance	0		555
With an related allowance, Average Recorded Investment	134	177
With an related allowance, Interest Income Recognized on Impaired Loans	7	$ 5
Related Allowance	$ 7		$ 22

LOANS (Details 4)

LOANS (Details 4) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2019USD ($)LoanNumber	Mar. 31, 2018USD ($)LoanNumber	Mar. 31, 2019USD ($)Loan	Mar. 31, 2018USD ($)Loan
Financing Receivable, Modifications [Line Items]
Number of loans | Loan			17	7
Recorded investment			$ 2,451	$ 2,082
Commercial and Inustrial Below Market Interest Rate [Member]
Financing Receivable, Modifications [Line Items]
Number of loans | Number	4	4
Pre-Modification Outstanding Recorded Investment	$ 1,365	$ 1,046
Post-Modification Outstanding Recorded Investment	$ 1,275	$ 1,046
Number of loans | Loan			8	3
Recorded investment			$ 1,591	$ 996
Construction Below Market Interest Rate [Member]
Financing Receivable, Modifications [Line Items]
Number of loans | Loan			1	1
Recorded investment			$ 34	$ 62
Commercial Real Estate Below Market Interest Rate [Member]
Financing Receivable, Modifications [Line Items]
Number of loans | Number	3	0
Pre-Modification Outstanding Recorded Investment	$ 1,283	$ 0
Post-Modification Outstanding Recorded Investment	$ 1,015	$ 0
Number of loans | Loan			3	1
Recorded investment			$ 697	$ 899
Residential 1 to 4 Family Below Market Interest Rate [Member]
Financing Receivable, Modifications [Line Items]
Number of loans | Number	2	0
Pre-Modification Outstanding Recorded Investment	$ 432	$ 0
Post-Modification Outstanding Recorded Investment	$ 409	$ 0
Number of loans | Loan			4	2
Recorded investment			$ 128	$ 125
Below Market Interest Rate [Member]
Financing Receivable, Modifications [Line Items]
Number of loans | Number	10	4
Pre-Modification Outstanding Recorded Investment	$ 3,081	$ 1,046
Post-Modification Outstanding Recorded Investment	$ 2,700	$ 1,046
Loans To Individuals and Overdrafts [Member]
Financing Receivable, Modifications [Line Items]
Number of loans | Loan	1	0
Pre-Modification Outstanding Recorded Investment	$ 1	$ 0
Post-Modification Outstanding Recorded Investment	$ 1	$ 0
Number of loans | Loan			1	0
Recorded investment			$ 1	$ 0

LOANS (Details 5)

LOANS (Details 5) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018		Mar. 31, 2018
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 991,801	$ 986,040	[1]	$ 979,734
Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	991,801	986,040
Commercial and Industrial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	79,729	74,181		107,116
Commercial and Industrial [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	79,729	74,181
Commercial and Industrial [Member] | Superior [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	990	1,662
Commercial and Industrial [Member] | Very Good [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	2,207	2,266
Commercial and Industrial [Member] | Good [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	6,203	5,773
Commercial and Industrial [Member] | Acceptable [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	25,780	22,332
Commercial and Industrial [Member] | Acceptable With Care [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	38,572	34,626
Commercial and Industrial [Member] | Special Mention [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	84	879
Commercial and Industrial [Member] | Substandard [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	5,893	6,643
Commercial and Industrial [Member] | Doubtful [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Commercial and Industrial [Member] | Loss [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Construction Loans [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	181,162	170,404
Construction Loans [Member] | Superior [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Construction Loans [Member] | Very Good [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	142	246
Construction Loans [Member] | Good [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	11,705	12,106
Construction Loans [Member] | Acceptable [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	24,847	30,897
Construction Loans [Member] | Acceptable With Care [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	141,357	125,788
Construction Loans [Member] | Special Mention [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	697	711
Construction Loans [Member] | Substandard [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	2,414	656
Construction Loans [Member] | Doubtful [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Construction Loans [Member] | Loss [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	458,488	457,611		415,641
Commercial Real Estate [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	458,488	457,611
Commercial Real Estate [Member] | Superior [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	185	21
Commercial Real Estate [Member] | Very Good [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,075	1,120
Commercial Real Estate [Member] | Good [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	53,857	47,959
Commercial Real Estate [Member] | Acceptable [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	271,454	263,017
Commercial Real Estate [Member] | Acceptable With Care [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	124,997	139,484
Commercial Real Estate [Member] | Special Mention [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,414	1,789
Commercial Real Estate [Member] | Substandard [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	5,506	4,221
Commercial Real Estate [Member] | Doubtful [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Commercial Real Estate [Member] | Loss [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Multi Family Residential Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	57,230	63,459		73,802
Multi Family Residential Real Estate [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	57,230	63,459
Multi Family Residential Real Estate [Member] | Superior [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Multi Family Residential Real Estate [Member] | Very Good [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Multi Family Residential Real Estate [Member] | Good [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	4,965	5,116
Multi Family Residential Real Estate [Member] | Acceptable [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	35,438	37,832
Multi Family Residential Real Estate [Member] | Acceptable With Care [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	16,616	20,296
Multi Family Residential Real Estate [Member] | Special Mention [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Multi Family Residential Real Estate [Member] | Substandard [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	211	215
Multi Family Residential Real Estate [Member] | Doubtful [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Multi Family Residential Real Estate [Member] | Loss [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Loans to Individuals and Overdrafts [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	11,430	1,923		10,755
Loans to Individuals and Overdrafts [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	11,430	12,814
Loans to Individuals and Overdrafts [Member] | Pass [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	11,309	10,891
Loans to Individuals and Overdrafts [Member] | Non-Pass [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	121
1-to-4 family residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	156,732	159,597		150,352
1-to-4 family residential [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	156,732	159,597
1-to-4 family residential [Member] | Pass [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	153,077	155,117
1-to-4 family residential [Member] | Special Mention [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,125	900
1-to-4 family residential [Member] | Substandard [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	2,530	3,580
Home Equity Line of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	48,760	49,713		$ 51,769
Home Equity Line of Credit [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	48,760	49,713
Home Equity Line of Credit [Member] | Pass [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	47,300	48,143
Home Equity Line of Credit [Member] | Special Mention [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	76	88
Home Equity Line of Credit [Member] | Substandard [Member] | Total Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 1,384	$ 1,482
[1]	Derived from audited consolidated financial statements.

LOANS (Details 6)

LOANS (Details 6) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Schedule Of Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield [Line Items]
Accretable yield, beginning of period	$ 3,593	$ 3,307
Accretion	(288)	(354)
Reclassification from (to) nonaccretable difference	117	0
Other changes, net	299	87
Accretable yield, end of period	$ 3,721	$ 3,040

LOANS (Details 7)

LOANS (Details 7) - USD ($) $ in Thousands		3 Months Ended		12 Months Ended
		Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period	[1]	$ 8,669
Provision for loan losses		(11,200)		$ (11,700)
Allowance for loan losses, Balance, end of period		8,510		8,669	[1]
Ending Balance: individually evaluated for impairment		82	$ 76
Ending Balance: collectively evaluated for impairment		8,428	8,881
Loans
Ending balance: individually evaluated for impairment		11,151
Ending balance		991,801	979,734	986,040	[1]
Purchase Credit Impairment Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		578	131	131
Provision for loan losses		(25)	79
Loans charged-off		0	0
Recoveries		0	0
Allowance for loan losses, Balance, end of period			210	578
Loans
Ending balance: collectively evaluated for impairment		18,803	9,047
Excluding Purchase Credit Impairment Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		8,066	8,704	8,704
Provision for loan losses		137	62
Loans charged-off		(319)	(59)
Recoveries		48	40
Allowance for loan losses, Balance, end of period		7,932	8,747	8,066
Loans
Ending balance: collectively evaluated for impairment		963,577	970,687
Total Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		8,669	8,835	8,835
Provision for loan losses		112	141
Loans charged-off		(319)	(59)
Recoveries		48	40
Allowance for loan losses, Balance, end of period		8,510	8,957	8,669
Loans
Ending balance		991,801		986,040
Commercial and Industrial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: individually evaluated for impairment		75	49
Ending Balance: collectively evaluated for impairment		701	824
Loans
Ending balance: individually evaluated for impairment		2,767
Ending balance		79,729	107,116	74,181
Commercial and Industrial [Member] | Purchase Credit Impairment Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		214	65	65
Provision for loan losses		(168)	79
Loans charged-off		0	0
Recoveries		0	0
Allowance for loan losses, Balance, end of period			144	214
Loans
Ending balance: collectively evaluated for impairment		1,481	2,071
Commercial and Industrial [Member] | Excluding Purchase Credit Impairment Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		762	742	742
Provision for loan losses		214	(10)
Loans charged-off		(251)	(9)
Recoveries		5	6
Allowance for loan losses, Balance, end of period		730	729	762
Loans
Ending balance: collectively evaluated for impairment		75,481	105,045
Commercial and Industrial [Member] | Total Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		976	807	807
Provision for loan losses		46	69
Loans charged-off		(251)	(9)
Recoveries		5	6
Allowance for loan losses, Balance, end of period		776	873	976
Loans
Ending balance		79,729		74,181
Construction Loans Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: individually evaluated for impairment		0	14
Ending Balance: collectively evaluated for impairment		1,595	1,672
Loans
Ending balance: individually evaluated for impairment		543
Ending balance		181,162	170,299	170,404
Construction Loans Real Estate [Member] | Purchase Credit Impairment Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		0	0	0
Provision for loan losses		23	0
Loans charged-off		0	0
Recoveries		0	0
Allowance for loan losses, Balance, end of period			0	0
Loans
Ending balance: collectively evaluated for impairment		747	430
Construction Loans Real Estate [Member] | Excluding Purchase Credit Impairment Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		1,385	1,955	1,955
Provision for loan losses		186	(275)
Loans charged-off		0	0
Recoveries		1	6
Allowance for loan losses, Balance, end of period		1,572	1,686	1,385
Loans
Ending balance: collectively evaluated for impairment		179,872	169,869
Construction Loans Real Estate [Member] | Total Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		1,385	1,955	1,955
Provision for loan losses		209	(275)
Loans charged-off		0	0
Recoveries		1	6
Allowance for loan losses, Balance, end of period		1,595	1,686	1,385
Loans
Ending balance		181,162		170,404
Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: individually evaluated for impairment		0	0
Ending Balance: collectively evaluated for impairment		3,628	3,657
Loans
Ending balance: individually evaluated for impairment		6,008
Ending balance		458,488	415,641	457,611
Commercial Real Estate [Member] | Purchase Credit Impairment Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		233	66	66
Provision for loan losses		(152)	0
Loans charged-off		0	0
Recoveries		0	0
Allowance for loan losses, Balance, end of period			66	233
Loans
Ending balance: collectively evaluated for impairment		7,587	4,858
Commercial Real Estate [Member] | Excluding Purchase Credit Impairment Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		3,024	3,304	3,304
Provision for loan losses		356	282
Loans charged-off		0	0
Recoveries		15	4
Allowance for loan losses, Balance, end of period		3,395	3,590	3,024
Loans
Ending balance: collectively evaluated for impairment		444,893	410,783
Commercial Real Estate [Member] | Total Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		3,409	3,370	3,370
Provision for loan losses		204	282
Loans charged-off		0	0
Recoveries		15	4
Allowance for loan losses, Balance, end of period		3,628	3,656	3,409
Loans
Ending balance		458,488		457,611
Family Residential Real Estate 1 to 4 [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: individually evaluated for impairment		7	13
Ending Balance: collectively evaluated for impairment		1,450	1,262
Loans
Ending balance: individually evaluated for impairment		648
Ending balance		156,732	150,352	159,597
Family Residential Real Estate 1 to 4 [Member] | Purchase Credit Impairment Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		246	0	0
Provision for loan losses		242	0
Loans charged-off		0	0
Recoveries		0	0
Allowance for loan losses, Balance, end of period			0	246
Loans
Ending balance: collectively evaluated for impairment		8,011	862
Family Residential Real Estate 1 to 4 [Member] | Excluding Purchase Credit Impairment Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		1,663	1,058	1,058
Provision for loan losses		(461)	208
Loans charged-off		0	0
Recoveries		9	9
Allowance for loan losses, Balance, end of period		1,211	1,275	1,663
Loans
Ending balance: collectively evaluated for impairment		148,073	149,490
Family Residential Real Estate 1 to 4 [Member] | Total Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		1,667	1,058	1,058
Provision for loan losses		(219)	208
Loans charged-off		0	0
Recoveries		9	9
Allowance for loan losses, Balance, end of period		1,457	1,275	1,667
Loans
Ending balance		156,732		159,597
Home Equity Line of Credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: individually evaluated for impairment		0	0
Ending Balance: collectively evaluated for impairment		441	645
Loans
Ending balance: individually evaluated for impairment		857
Ending balance		48,760	51,769	49,713
Home Equity Line of Credit [Member] | Purchase Credit Impairment Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		0	0	0
Provision for loan losses		2	0
Loans charged-off		0	0
Recoveries		0	0
Allowance for loan losses, Balance, end of period			0	0
Loans
Ending balance: collectively evaluated for impairment		50	595
Home Equity Line of Credit [Member] | Excluding Purchase Credit Impairment Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		555	549	549
Provision for loan losses		(80)	125
Loans charged-off		(49)	(35)
Recoveries		13	6
Allowance for loan losses, Balance, end of period		439	645	555
Loans
Ending balance: collectively evaluated for impairment		47,853	51,174
Home Equity Line of Credit [Member] | Total Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		555	549	549
Provision for loan losses		(78)	125
Loans charged-off		(49)	(35)
Recoveries		13	6
Allowance for loan losses, Balance, end of period		441	645	555
Loans
Ending balance		48,760		49,713
Loans to Individuals and Overdrafts [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: individually evaluated for impairment		0	0
Ending Balance: collectively evaluated for impairment		177	125
Loans
Ending balance: individually evaluated for impairment		117
Ending balance		11,430	10,755	1,923
Loans to Individuals and Overdrafts [Member] | Purchase Credit Impairment Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		0	0	0
Provision for loan losses		0	0
Loans charged-off		0	0
Recoveries		0	0
Allowance for loan losses, Balance, end of period			0	0
Loans
Ending balance: collectively evaluated for impairment		0	1
Loans to Individuals and Overdrafts [Member] | Excluding Purchase Credit Impairment Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		206	305	305
Provision for loan losses		(15)	(174)
Loans charged-off		(19)	(15)
Recoveries		5	9
Allowance for loan losses, Balance, end of period		177	125	206
Loans
Ending balance: collectively evaluated for impairment		11,313	10,754
Loans to Individuals and Overdrafts [Member] | Total Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		206	305	305
Provision for loan losses		(15)	(174)
Loans charged-off		(19)	(15)
Recoveries		5	9
Allowance for loan losses, Balance, end of period		177	125	206
Loans
Ending balance		11,430		12,814
Multi Family Residential Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Ending Balance: individually evaluated for impairment		0	0
Ending Balance: collectively evaluated for impairment		436	697
Loans
Ending balance: individually evaluated for impairment		211
Ending balance		57,230	73,802	63,459
Multi Family Residential Real Estate [Member] | Purchase Credit Impairment Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		0	0	0
Provision for loan losses		28	0
Loans charged-off		0	0
Recoveries		0	0
Allowance for loan losses, Balance, end of period			0	0
Loans
Ending balance: collectively evaluated for impairment		927	230
Multi Family Residential Real Estate [Member] | Excluding Purchase Credit Impairment Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		471	791	791
Provision for loan losses		(63)	(94)
Loans charged-off		0	0
Recoveries		0	0
Allowance for loan losses, Balance, end of period		408	697	471
Loans
Ending balance: collectively evaluated for impairment		56,092	73,572
Multi Family Residential Real Estate [Member] | Total Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for loan losses, Balance, beginning of period		471	791	791
Provision for loan losses		(35)	(94)
Loans charged-off		0	0
Recoveries		0	0
Allowance for loan losses, Balance, end of period		436	$ 697	471
Loans
Ending balance		$ 57,230		$ 63,459
[1]	Derived from audited consolidated financial statements.

LOANS (Details Textual)

LOANS (Details Textual) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018
Financing Receivable, Allowance for Credit Losses [Line Items]
Impaired Financing Receivable, Recorded Investment	$ 11,151,000	$ 11,734,000
Impaired Loans Required for Specific Reserves	261,000	291,000
With no related allowance, Recorded Investment	10,890,000	11,443,000
Allowance for Loan and Lease Losses Write-offs, Net	1,100,000	3,500,000
Provision for Loan and Lease Losses	11,200,000	11,700,000
Aggregate Impaired Loans Required For Specific Reserves		87,000
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged	138,100,000
Nonaccrual Impaired Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Impaired Financing Receivable, Recorded Investment	6,300,000	7,300,000
Accrual Impaired Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Impaired Financing Receivable, Recorded Investment	4,900,000	$ 4,400,000
Troubled Debt Restructurings [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Impaired Financing Receivable, Recorded Investment	7,700,000		$ 6,700,000
Troubled Debt Restructuring Accrual Status [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Impaired Financing Receivable, Recorded Investment	5,200,000		4,800,000
Troubled Debt Restructuring Nonaccrual Status [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Impaired Financing Receivable, Recorded Investment	2,500,000		$ 1,900,000
Unused Lines of Credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Line of Credit Facility, Maximum Amount Outstanding During Period	$ 176,800,000

REVENUE RECOGNITION (Details)

REVENUE RECOGNITION (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Disaggregation of Revenue [Line Items]
Noninterest Income	$ 1,197	$ 1,165
Noninterest Income (in-scope of Topic 606) [Member]
Disaggregation of Revenue [Line Items]
Noninterest Income	768	689
Noninterest Income (out-of-scope of Topic 606) [Member]
Disaggregation of Revenue [Line Items]
Noninterest Income	429	476
Service Charges on Deposit Accounts [Member]
Disaggregation of Revenue [Line Items]
Noninterest Income	266	276
Other [Member]
Disaggregation of Revenue [Line Items]
Noninterest Income	$ 502	$ 413

OTHER REAL ESTATE OWNED (Detail

OTHER REAL ESTATE OWNED (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019		Dec. 31, 2018
Schedule Of Real Estate Owned Properties [Line Items]
Beginning balance January 1	$ 1,088	[1]	$ 1,258
Sales	(65)		(717)
Write-downs	(3)		(71)
Transfers	26		618
Ending balance	$ 1,046		$ 1,088	[1]
[1]	Derived from audited consolidated financial statements.

OTHER REAL ESTATE OWNED (Deta_2

OTHER REAL ESTATE OWNED (Details Textual)	3 Months Ended	12 Months Ended
	Mar. 31, 2019USD ($)Loan	Dec. 31, 2018USD ($)Loans		Sep. 30, 2018USD ($)
Schedule Of Real Estate Owned Properties [Line Items]
Real Estate Acquired Through Foreclosure	$ 1,046,000	$ 1,088,000	[1]	$ 1,258,000
Mortgage Loans in Process of Foreclosure, Amount	$ 770,000	$ 376,000
Mortgage Loans on Real Estate, Number of Loans	5	5
[1]	Derived from audited consolidated financial statements.

LEASES (Details)

LEASES (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Operating lease cost	$ 261

LEASES (Details 1)

LEASES (Details 1) $ in Thousands	3 Months Ended
	Mar. 31, 2019USD ($)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 261
Right Of Use Asset Obtained In Exchange For Lease Obligations
Operating leases	$ 9,013
Weighted Average Remaining Lease Term
Operating leases	7 years 3 months 18 days
Weighted Average Discount Rate
Operating leases	6.00%

LEASES (Details 2)

LEASES (Details 2) $ in Thousands	Mar. 31, 2019USD ($)
2019	$ 398
2020	580
2021	642
2022	713
2023	693
Thereafter	5,816
Total lease payments	$ 8,842

LEASES (Details Textual)

LEASES (Details Textual)	3 Months Ended
	Mar. 31, 2019
Lessee, Operating Lease, Option to Extend	options to extend the leases for up to 5 years per option period
Lessee Operating Lease Expire Term	month to month or expire within 1 year
Maximum [Member]
Operating Lease Remaining Lease Term	15 years
Lessee, Operating Lease, Renewal Term	25 years
Minimum [Member]
Operating Lease Remaining Lease Term	1 year
Lessee, Operating Lease, Renewal Term	1 year