Primis Financial (FRST) 10-Q 10 May 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2016	May. 02, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	Southern National Bancorp of Virginia Inc
Entity Central Index Key	1,325,670
Trading Symbol	sona
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		12,248,943
Document Type	10-Q
Document Period End Date	Mar. 31, 2016
Amendment Flag	false
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Cash and cash equivalents:
Cash and due from financial institutions	$ 3,998	$ 3,972
Interest-bearing deposits in other financial institutions	30,126	26,364
Total cash and cash equivalents	34,124	30,336
Securities available for sale, at fair value	3,871	4,209
Securities held to maturity, at amortized cost (fair value of $99,583 and $96,464, respectively)	98,727	96,780
Total loans	870,639	829,425
Less allowance for loan losses	(8,690)	(8,421)
Net loans	861,949	821,004
Stock in Federal Reserve Bank and Federal Home Loan Bank	7,589	6,929
Equity investment in mortgage affiliate	4,539	4,459
Preferred investment in mortgage affiliate	2,555	2,555
Bank premises and equipment, net	8,744	8,882
Goodwill	10,514	10,514
Core deposit intangibles, net	1,031	1,093
FDIC indemnification asset	2,705	2,922
Bank-owned life insurance	23,300	23,126
Other real estate owned	10,106	10,439
Deferred tax assets, net	6,801	6,716
Other assets	7,715	6,143
Total assets	1,084,270	1,036,107
LIABILITIES AND STOCKHOLDERS' EQUITY
Noninterest-bearing demand deposits	85,217	83,769
Interest-bearing deposits:
NOW accounts	27,623	28,080
Money market accounts	126,578	131,731
Savings accounts	51,244	49,939
Time deposits	566,876	531,775
Total interest-bearing deposits	772,321	741,525
Total deposits	857,538	825,294
Securities sold under agreements to repurchase	11,045	10,381
Federal Home Loan Bank (FHLB) advances - short term	72,000	59,000
Federal Home Loan Bank (FHLB) advances - long term	15,000	15,000
Other liabilities	7,531	6,796
Total liabilities	$ 963,114	$ 916,471
Commitments and contingencies (See Note 5)
Stockholders' equity:
Preferred stock, $.01 par value. Authorized 5,000,000 shares; no shares issued and outstanding
Common stock, $.01 par value. Authorized 45,000,000 shares; issued and outstanding, 12,244,943 shares at March 31, 2016 and 12,234,443 at December 31, 2015	$ 122	$ 122
Additional paid in capital	104,543	104,389
Retained earnings	17,321	15,735
Accumulated other comprehensive loss	(830)	(610)
Total stockholders' equity	121,156	119,636
Total liabilities and stockholders' equity	1,084,270	1,036,107
Covered loans
Cash and cash equivalents:
Total loans	33,159	34,373
Non-covered loans
Cash and cash equivalents:
Total loans	$ 837,480	$ 795,052

CONSOLIDATED BALANCE SHEETS (U3

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Statement Of Financial Position [Abstract]
Securities held to maturity fair value (in dollars)	$ 99,583	$ 96,464
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
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)	$ 0.01	$ 0.01
Common stock, shares authorized	45,000,000	45,000,000
Common stock, shares issued	12,244,943	12,234,443
Common stock, shares outstanding	12,244,943	12,234,443

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Interest and dividend income :
Interest and fees on loans	$ 10,757	$ 9,551
Interest and dividends on taxable securities	681	654
Interest and dividends on tax exempt securities	84	101
Interest and dividends on other earning assets	151	129
Total interest and dividend income	11,673	10,435
Interest expense:
Interest on deposits	1,812	1,339
Interest on borrowings	150	169
Total interest expense	1,962	1,508
Net interest income	9,711	8,927
Provision for loan losses	625	525
Net interest income after provision for loan losses	9,086	8,402
Noninterest income:
Account maintenance and deposit service fees	223	222
Income from bank-owned life insurance	174	150
Equity income (loss) from mortgage affiliate	80	(16)
Other	24	49
Total noninterest income	501	405
Noninterest expenses:
Salaries and benefits	3,128	2,803
Occupancy expenses	809	871
Furniture and equipment expenses	189	210
Amortization of core deposit intangible	62	65
Virginia franchise tax expense	97	88
FDIC assessment	146	172
Data processing expense	172	164
Telephone and communication expense	187	206
Amortization of FDIC indemnification asset	216	129
Net loss on other real estate owned	120	320
Other operating expenses	907	793
Total noninterest expenses	6,033	5,821
Income before income taxes	3,554	2,986
Income tax expense	989	982
Net income	2,565	2,004
Other comprehensive income:
Unrealized gain (loss) on available for sale securities	$ (337)	$ 23
Non-credit component of other-than-temporary impairment on held-to-maturity securities
Accretion of amounts previously recorded upon transfer to held-to-maturity from available-for-sale	$ 3	$ 22
Net unrealized gain (loss)	(334)	45
Tax effect	114	(16)
Other comprehensive income (loss)	(220)	29
Comprehensive income	$ 2,345	$ 2,033
Earnings per share, basic and diluted (in dollars per share)	$ 0.21	$ 0.16

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) - 3 months ended Mar. 31, 2016 - USD ($) $ in Thousands	Common Stock	Additional Paid in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Total
Balance at Dec. 31, 2015	$ 122	$ 104,389	$ 15,735	$ (610)	$ 119,636
Comprehensive income:
Net income			2,565		2,565
Change in unrealized loss on securities available for sale (net of tax benefit, $115)				(222)	(222)
Change in unrecognized loss on securities held to maturity for which a portion of OTTI has been recognized (net of tax, $1 and accretion, $2 and amounts recorded into other comprehensive income at transfer)				2	2
Dividends on common stock ($.08 per share)			(979)		(979)
Issuance of common stock under Stock Incentive Plan (10,500 shares)		75			75
Stock-based compensation expense		79			79
Balance at Mar. 31, 2016	$ 122	$ 104,543	$ 17,321	$ (830)	$ 121,156

CONSOLIDATED STATEMENT OF CHAN6

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (Unaudited) (Parentheticals) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)$ / sharesshares
Statement Of Stockholders Equity [Abstract]
Tax on change in unrealized loss on securities available for sale	$ 115
Tax on change in unrecognized loss on securities held to maturity, portion of OTTI	1
Accretion on change in unrecognized loss on securities held to maturity, portion of OTTI	$ 2
Common stock dividends per share (in dollars per share) | $ / shares	$ 0.08
Issuance of common shares under Stock Incentive Plan (in shares) | shares	10,500

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Operating activities:
Net income	$ 2,565	$ 2,004
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:
Depreciation	208	227
Amortization of core deposit intangible	62	65
Other amortization, net		(9)
Accretion of loan discount	(502)	(712)
Amortization of FDIC indemnification asset	216	129
Provision for loan losses	625	525
Earnings on bank-owned life insurance	(174)	(150)
Equity (income) loss on mortgage affiliate	(80)	16
Stock based compensation expense	79	85
Net loss on other real estate owned	120	320
Net (increase) decrease in other assets	(1,549)	255
Net increase in other liabilities	734	573
Net cash and cash equivalents provided by operating activities	2,304	3,328
Investing activities:
Purchases of held to maturity securities	(10,994)
Proceeds from paydowns, maturities and calls of held to maturity securities	9,059	2,054
Loan originations and payments, net	(41,212)	(25,238)
Net (increase) decrease in stock in Federal Reserve Bank and Federal Home Loan Bank	(660)	14
Payments received on FDIC indemnification asset		3
Proceeds from sale of other real estate owned	357	148
Purchases of bank premises and equipment	(70)	(129)
Net cash and cash equivalents used in investing activities	(43,520)	(23,148)
Financing activities:
Net increase in deposits	32,244	18,070
Cash dividends paid - common stock	(979)	(977)
Issuance of common stock under Stock Incentive Plan	75	10
Net increase in securities sold under agreement to repurchase and other short-term borrowings	13,664	814
Net cash and cash equivalents provided by financing activities	45,004	17,917
Increase (decrease) in cash and cash equivalents	3,788	(1,903)
Cash and cash equivalents at beginning of period	30,336	38,320
Cash and cash equivalents at end of period	34,124	36,417
Cash payments for:
Interest	1,903	1,486
Income taxes	700	$ 610
Supplemental schedule of noncash investing and financing activities
Transfer from covered loans to other real estate owned	$ 144

ACCOUNTING POLICIES

ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
ACCOUNTING POLICIES	1. ACCOUNTING POLICIES Southern National Bancorp of Virginia, Inc. (“Southern National” or “SNBV”) is a corporation formed on July 28, 2004 under the laws of the Commonwealth of Virginia and is the holding company for Sonabank (“Sonabank”) a Virginia state chartered bank which commenced operations on April 14, 2005. Sonabank provides a range of financial services to individuals and small and medium sized businesses. Sonabank has fifteen branches in Virginia, located in Fairfax County (Reston, McLean and Fairfax), in Charlottesville, Warrenton (2), Middleburg, Leesburg (2), South Riding, Front Royal, New Market, Haymarket, Richmond and Clifton Forge, and eight branches in Maryland, in Rockville, Shady Grove, Frederick, Bethesda, Upper Marlboro, Brandywine, Owings and Huntingtown. The consolidated financial statements include the accounts of Southern National Bancorp of Virginia, Inc. and its subsidiary. Significant inter-company accounts and transactions have been eliminated in consolidation. The unaudited consolidated financial statements have been prepared in accordance with U. S. generally accepted accounting principles (“U. S. GAAP”) for interim financial information and instructions for Form 10-Q and follow general practice within the banking industry. Accordingly, the unaudited consolidated financial statements do not include all of the information and footnotes required by U. S. GAAP for complete financial statements. However, in the opinion of management, all adjustments (consisting only of normal recurring accruals) necessary for a fair presentation of the results of the interim periods presented have been made. The results of operations for the interim periods are not necessarily indicative of the results that may be expected for the full year. For further information, refer to the consolidated financial statements and footnotes thereto included in Southern National’s Form 10-K for the year ended December 31, 2015. Use of Estimates The preparation of the consolidated financial statements in conformity with U. S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the carrying value of investment securities, other than temporary impairment of investment securities, the valuation of goodwill and intangible assets, the FDIC indemnification asset, mortgage servicing rights, other real estate owned and deferred tax assets. Recent Accounting Pronouncements In September 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-12, Compensation—Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved After the Requisite Service Period In April 2015, the FASB issued ASU No. 2015-03, Simplifying the Presentation of Debt Issuance Costs. In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis In September 2015, the FASB issued ASU 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments In January 2016, the FASB issued ASU 2016-1, Financial Instruments Overall (Topic 825): Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In March 2016, the FASB issued ASU 2016-07 , Investments – Equity Method and Joint Ventures (Topic 323), Simplifying the Transition to the Equity Method of Accounting In March 2016, the FASB issued ASU 2016-08 , Revenue from Contracts with Customers (Topic 606), Principal versus Agent Considerations (Reporting Revenue Gross versus Net) Revenue from Contracts with Customers (Topic 606) In March 2016, the FASB issued ASU 2016-09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting

STOCK- BASED COMPENSATION

STOCK- BASED COMPENSATION	3 Months Ended
	Mar. 31, 2016
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
STOCK-BASED COMPENSATION	2. STOCK- BASED COMPENSATION In 2004, the Board of Directors adopted a stock option plan that authorized the reservation of up to 302,500 shares of common stock and provided for the granting of stock options to certain directors, officers and employees. The 2010 Stock Awards and Incentive Plan was approved by the Board of Directors in January 2010 and approved by the stockholders at the Annual Meeting in April 2010. The 2010 plan authorized the reservation of an additional 700,000 shares of common stock for the granting of stock awards. The options granted to officers and employees are incentive stock options and the options granted to non-employee directors are non-qualified stock options. The purpose of the plan is to afford key employees an incentive to remain in the employ of Southern National and to assist in the attracting and retaining of non-employee directors by affording them an opportunity to share in Southern National’s future success. Under the plan, the option’s price cannot be less than the fair market value of the stock on the grant date. The maximum term of the options is ten years and options granted may be subject to a graded vesting schedule. Southern National granted no options during the first three months of 2016. For the three months ended March 31, 2016 and 2015, stock-based compensation expense was $79 thousand and $85 thousand, respectively. As of March 31, 2016, unrecognized compensation expense associated with the stock options was $550 thousand, which is expected to be recognized over a weighted average period of 2.3 years. A summary of the activity in the stock option plan during the three months ended March 31, 2016 follows (dollars in thousands): Weighted Weighted Average Aggregate Average Remaining Intrinsic Exercise Contractual Value Shares Price Term (in thousands) Options outstanding, beginning of period 664,400 $ 9.00 Granted - Forfeited - Exercised (10,500 ) 7.15 Options outstanding, end of period 653,900 $ 9.03 6.8 $ 1,899 Vested or expected to vest 653,900 $ 9.03 6.8 $ 1,899 Exercisable at end of period 343,880 $ 7.91 5.3 $ 1,388

SECURITIES

SECURITIES	3 Months Ended
	Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]
SECURITIES	3. SECURITIES The amortized cost and fair value of available for sale securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) were as follows (in thousands): Amortized Gross Unrealized Fair March 31, 2016 Cost Gains Losses Value Obligations of states and political subdivisions $ 2,286 $ 38 $ - $ 2,324 Trust preferred securities 2,590 - (1,043 ) 1,547 $ 4,876 $ 38 $ (1,043 ) $ 3,871 Amortized Gross Unrealized Fair December 31, 2015 Cost Gains Losses Value Obligations of states and political subdivisions $ 2,287 $ 25 $ - $ 2,312 Trust preferred securities 2,590 - (693 ) 1,897 $ 4,877 $ 25 $ (693 ) $ 4,209 The amortized cost, unrecognized gains and losses, and fair value of securities held to maturity were as follows (in thousands): Amortized Gross Unrecognized Fair March 31, 2016 Cost Gains Losses Value Residential government-sponsored mortgage-backed securities $ 19,784 $ 640 $ (16 ) 20,408 Residential government-sponsored collateralized mortgage obligations 2,821 2 (16 ) 2,807 Government-sponsored agency securities 59,081 478 - 59,559 Obligations of states and political subdivisions 12,772 245 (40 ) 12,977 Trust preferred securities 4,269 - (437 ) 3,832 $ 98,727 $ 1,365 $ (509 ) $ 99,583 Amortized Gross Unrecognized Fair December 31, 2015 Cost Gains Losses Value Residential government-sponsored mortgage-backed securities $ 20,751 $ 459 $ (22 ) $ 21,188 Residential government-sponsored collateralized mortgage obligations 2,946 - (66 ) 2,880 Government-sponsored agency securities 55,937 222 (618 ) 55,541 Obligations of states and political subdivisions 12,794 157 (67 ) 12,884 Trust preferred securities 4,352 - (381 ) 3,971 $ 96,780 $ 838 $ (1,154 ) $ 96,464 The amortized cost amounts are net of recognized other than temporary impairment. The fair value and carrying amount, if different, of debt securities as of March 31, 2016, by contractual maturity were as follows (in thousands). Securities not due at a single maturity date, primarily mortgage-backed securities and collateralized mortgage obligations, are shown separately. Held to Maturity Available for Sale Amortized Amortized Cost Fair Value Cost Fair Value Due in five to ten years $ 12,196 $ 12,324 $ - $ - Due after ten years 63,926 64,044 4,876 3,871 Residential government-sponsored mortgage-backed securities 19,784 20,408 - - Residential government-sponsored collateralized mortgage obligations 2,821 2,807 - - Total $ 98,727 $ 99,583 $ 4,876 $ 3,871 Securities with a carrying amount of approximately $94.8 million and $89.7 million at March 31, 2016 and December 31, 2015, respectively, were pledged to secure public deposits, repurchase agreements and a line of credit for advances from the Federal Home Loan Bank of Atlanta (“FHLB”). Southern National monitors the portfolio for indicators of other than temporary impairment. At March 31, 2016 and December 31, 2015, certain securities’ fair values were below cost. As outlined in the table below, there were securities with fair values totaling approximately $10.3 million in the portfolio with the carrying value exceeding the estimated fair value that are considered temporarily impaired at March 31, 2016. Because the decline in fair value is attributable to changes in interest rates and market illiquidity, and not credit quality, and because we do not have the intent to sell these securities and it is likely that we will not be required to sell the securities before their anticipated recovery, management does not consider these securities to be other-than-temporarily impaired as of March 31, 2016. The following tables present information regarding securities in a continuous unrealized loss position as of March 31, 2016 and December 31, 2015 (in thousands) by duration of time in a loss position: March 31, 2016 Less than 12 months 12 Months or More Total Available for Sale Fair value Unrealized Fair value Unrealized Fair value Unrealized Trust preferred securities $ - $ - $ 1,547 $ (1,043 ) $ 1,547 $ (1,043 ) Less than 12 months 12 Months or More Total Held to Maturity Fair value Unrecognized Fair value Unrecognized Fair value Unrecognized Residential government-sponsored mortgage-backed securities $ - $ - $ 529 $ (16 ) $ 529 $ (16 ) Residential government-sponsored collateralized mortgage obligations - - 2,318 (16 ) 2,318 (16 ) Obligations of states and political subdivisions - - 2,032 (40 ) 2,032 (40 ) Trust preferred securities - - 3,832 (437 ) 3,832 (437 ) $ - $ - $ 8,711 $ (509 ) $ 8,711 $ (509 ) December 31, 2015 Less than 12 months 12 Months or More Total Available for Sale Fair value Unrealized Fair value Unrealized Fair value Unrealized Trust preferred securities $ - $ - $ 1,897 $ (693 ) $ 1,897 $ (693 ) Less than 12 months 12 Months or More Total Held to Maturity Fair value Unrecognized Fair value Unrecognized Fair value Unrecognized Residential government-sponsored mortgage-backed securities $ 5,459 $ (14 ) $ 640 $ (8 ) $ 6,099 $ (22 ) Residential government-sponsored collateralized mortgage obligations 512 (5 ) 2,368 (61 ) 2,880 (66 ) Government-sponsored agency securities 35,453 (507 ) 9,878 (111 ) 45,331 (618 ) Obligations of states and political subdivisions - - 2,513 (67 ) 2,513 (67 ) Trust preferred securities - - 3,971 (381 ) 3,971 (381 ) $ 41,424 $ (526 ) $ 19,370 $ (628 ) $ 60,794 $ (1,154 ) As of March 31, 2016, we owned pooled trust preferred securities as follows: Previously % of Current Recognized Defaults and Cumulative Ratings Estimated Deferrals to Other Tranche When Purchased Current Ratings Fair Total Comprehensive Security Level Moody's Fitch Moody's Fitch Par Value Book Value Value Collateral Loss (1) Held to Maturity (in thousands) ALESCO VII A1B Senior Aaa AAA A1 A $ 4,367 $ 3,998 $ 3,604 13% $ 248 MMCF III B Senior Sub A3 A- Ba1 BB 276 271 228 32% 5 4,643 4,269 3,832 $ 253 Cumulative OTTI Available for Sale Related to Other Than Temporarily Impaired: Credit Loss (2) TPREF FUNDING II Mezzanine A1 A- Caa3 C 1,500 1,100 510 37% 400 ALESCO V C1 Mezzanine A2 A Caa3 C 2,150 1,490 1,037 14% 660 3,650 2,590 1,547 $ 1,060 Total $ 8,293 $ 6,859 $ 5,379 (1) Pre-tax, and represents unrealized losses at date of transfer from available-for-sale to held-to-maturity, net of accretion (2) Pre-tax Each of these securities has been evaluated for other than temporary impairment. In performing a detailed cash flow analysis of each security, Sonabank works with independent third parties to estimate expected cash flows and assist with the evaluation of other than temporary impairment. The cash flow analyses performed included the following assumptions: · .5% of the remaining performing collateral will default or defer per annum. · Recoveries of 12% with a two year lag on all defaults and deferrals. · No prepayments for 10 years and then 1% per annum for the remaining life of the security. · Our securities have been modeled using the above assumptions by independent third parties using the forward LIBOR curve to discount projected cash flows to present values. We recognized no OTTI charges during the three months ended March 31, 2016 and the three months ended March 31, 2015. The following table presents a roll forward of the credit losses on our securities previously classified as held to maturity and now classified as available for sale recognized in earnings for the three months ended March 31, 2016 and 2015 (in thousands): 2016 2015 Amount of cumulative other-than-temporary impairment related to credit loss prior to January 1 $ 1,060 $ 8,949 Amounts related to credit loss for which an other-than-temporary impairment was not previously recognized - - Amounts related to credit loss for which an other-than-temporary impairment was previously recognized - - Reductions due to realized losses - - Amount of cumulative other-than-temporary impairment related to credit loss as of March 31 $ 1,060 $ 8,949 Changes in accumulated other comprehensive income by component for the three months ended March 31, 2016 and 2015 are shown in the table below. All amounts are net of tax (in thousands). Unrealized Holding Gains (Losses) on For the three months ended March 31, 2016 Available for Sale Held to Maturity Securities Securities Total Beginning balance $ (440 ) $ (170 ) $ (610 ) Other comprehensive income/(loss) before reclassifications (222 ) 2 (220 ) Amounts reclassified from accumulated other comprehensive income/(loss) - - - Net current-period other comprehensive income/(loss) (222 ) 2 (220 ) Ending balance $ (662 ) $ (168 ) $ (830 ) Unrealized Holding Gains (Losses) on For the three months ended March 31, 2015 Available for Sale Held to Maturity Securities Securities Total Beginning balance $ (6 ) $ (3,014 ) $ (3,020 ) Other comprehensive income/(loss) before reclassifications 15 14 29 Amounts reclassified from accumulated other comprehensive income/(loss) - - - Net current-period other comprehensive income/(loss) 15 14 29 Ending balance $ 9 $ (3,000 ) $ (2,991 )

LOANS AND ALLOWANCE FOR LOAN LO

LOANS AND ALLOWANCE FOR LOAN LOSSES	3 Months Ended
	Mar. 31, 2016
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
LOANS AND ALLOWANCE FOR LOAN LOSSES	4. LOANS AND ALLOWANCE FOR LOAN LOSSES The following table summarizes the composition of our loan portfolio as of March 31, 2016 and December 31, 2015: Covered Non-covered Total Covered Non-covered Total Loans (1) Loans Loans Loans (1) Loans Loans March 31, 2016 December 31, 2015 Loans secured by real estate: Commercial real estate - owner-occupied $ - $ 138,773 $ 138,773 $ - $ 141,521 $ 141,521 Commercial real estate - non-owner-occupied - 282,464 282,464 - 256,513 256,513 Secured by farmland - 566 566 - 578 578 Construction and land loans - 69,574 69,574 - 67,832 67,832 Residential 1-4 family 12,689 180,038 192,727 12,994 165,077 178,071 Multi- family residential - 31,373 31,373 - 25,501 25,501 Home equity lines of credit 20,470 12,781 33,251 21,379 13,798 35,177 Total real estate loans 33,159 715,569 748,728 34,373 670,820 705,193 Commercial loans - 122,939 122,939 - 124,985 124,985 Consumer loans - 1,118 1,118 - 1,366 1,366 Gross loans 33,159 839,626 872,785 34,373 797,171 831,544 Less deferred fees on loans - (2,146 ) (2,146 ) - (2,119 ) (2,119 ) Loans, net of deferred fees $ 33,159 $ 837,480 $ 870,639 $ 34,373 $ 795,052 $ 829,425 (1) Covered Loans were acquired in the Greater Atlantic transaction and are covered under an FDIC loss-share agreement. The agreement covering non-single family loans expired in December 2014. Accounting policy related to the allowance for loan losses is considered a critical policy given the level of estimation, judgment, and uncertainty in the levels of the allowance required to account for the inherent probable losses in the loan portfolio and the material effect such estimation, judgment, and uncertainty can have on the consolidated financial results. As part of the Greater Atlantic acquisition, the Bank and the FDIC entered into loss sharing agreements on approximately $143.4 million (contractual basis) of Greater Atlantic Bank’s assets. There were two agreements with the FDIC, one for single family loans which is a 10-year agreement expiring in December 2019, and one for non-single family (commercial) assets which was a 5-year agreement which expired in December 2014. The Bank will share in the losses on the loans and foreclosed loan collateral with the FDIC as specified in the loss sharing agreements; we refer to these assets collectively as “covered assets.” Loans that are not covered in the loss sharing agreement are referred to as “non-covered loans”. As of March 31, 2016, non-covered loans included $27.2 million of loans acquired in the HarVest acquisition and $48.9 million acquired in the PGFSB acquisition. Accretable discount on the acquired Greater Atlantic loans, the PGFSB loans and the HarVest loans was $7.4 million and $7.9 million at March 31, 2016 and December 31, 2015 respectively. Credit-impaired covered loans are those loans which presented evidence of credit deterioration at the date of acquisition and it is probable that Southern National would not collect all contractually required principal and interest payments. Generally, acquired loans that meet Southern National’s definition for nonaccrual status fell within the definition of credit-impaired covered loans. Impaired loans for the covered and non-covered portfolios were as follows (in thousands): March 31, 2016 Covered Loans Non-covered Loans Total Loans Unpaid Unpaid Unpaid Recorded Principal Related Recorded Principal Related Recorded Principal Related Investment Balance Allowance Investment (1) Balance Allowance Investment Balance Allowance With no related allowance recorded Commercial real estate - owner occupied $ - $ - $ - $ 5,027 $ 5,027 $ - $ 5,027 $ 5,027 $ - Commercial real estate - non-owner occupied (2) - - - 135 228 - 135 228 - Construction and land development - - - - - - - - - Commercial loans - - - 2,272 2,925 - 2,272 2,925 - Residential 1-4 family (4) 1,049 1,221 - - - - 1,049 1,221 - Other consumer loans - - - - - - - - - Total $ 1,049 $ 1,221 $ - $ 7,434 $ 8,180 $ - $ 8,483 $ 9,401 $ - With an allowance recorded Commercial real estate - owner occupied $ - $ - $ - $ 1,355 $ 1,469 $ 427 $ 1,355 $ 1,469 $ 427 Commercial real estate - non-owner occupied (2) - - - - - - - - - Construction and land development - - - - - - - - - Commercial loans - - - 3,458 3,458 400 3,458 3,458 400 Residential 1-4 family (4) - - - - - - Other consumer loans - - - - - - - - - Total $ - $ - $ - $ 4,813 $ 4,927 $ 827 $ 4,813 $ 4,927 $ 827 Grand total $ 1,049 $ 1,221 $ - $ 12,247 $ 13,107 $ 827 $ 13,296 $ 14,328 $ 827 (1) Recorded investment is after cumulative prior charge offs of $753 thousand. These loans also have aggregate SBA guarantees of $2.3 million. (2) Includes loans secured by farmland and multi-family residential loans. (3) The Bank recognizes loan impairment and may concurrently record a charge off to the allowance for loan losses. (4) Includes home equity lines of credit. December 31, 2015 Covered Loans Non-covered Loans Total Loans Unpaid Unpaid Unpaid Recorded Principal Related Recorded Principal Related Recorded Principal Related Investment Balance Allowance Investment (1) Balance Allowance Investment Balance Allowance With no related allowance recorded Commercial real estate - owner occupied $ - $ - $ - $ 6,492 $ 6,986 $ - $ 6,492 $ 6,986 $ - Commercial real estate - non-owner occupied (2) - - - 136 230 - 136 230 - Construction and land development - - - - - - - - - Commercial loans - - - 2,102 2,698 - 2,102 2,698 - Residential 1-4 family (4) 1,066 1,243 - - - - 1,066 1,243 - Other consumer loans - - - - - - - - - Total $ 1,066 $ 1,243 $ - $ 8,730 $ 9,914 $ - $ 9,796 $ 11,157 $ - With an allowance recorded Commercial real estate - owner occupied $ - $ - $ - $ 1,370 $ 1,484 $ 439 $ 1,370 $ 1,484 $ 439 Commercial real estate - non-owner occupied (2) - - - - - - - - - Construction and land development - - - - - - - - - Commercial loans - - - 3,382 3,382 400 3,382 3,382 400 Residential 1-4 family (4) - - - - - - - - - Other consumer loans - - - - - - - - - Total $ - $ - $ - $ 4,752 $ 4,866 $ 839 $ 4,752 $ 4,866 $ 839 Grand total $ 1,066 $ 1,243 $ - $ 13,482 $ 14,780 $ 839 $ 14,548 $ 16,023 $ 839 (1) Recorded investment is after cumulative prior charge offs of $1.2 million. These loans also have aggregate SBA guarantees of $3.5 million. (2) Includes loans secured by farmland and multi-family residential loans. (3) The Bank recognizes loan impairment and may concurrently record a charge off to the allowance for loan losses. (4) Includes home equity lines of credit. The following tables present the average recorded investment and interest income for impaired loans recognized by class of loans for the three months ended March 31, 2016 and 2015 (in thousands): Three months ended March 31, 2016 Covered Loans Non-covered Loans Total Loans Average Interest Average Interest Average Interest Recorded Income Recorded Income Recorded Income Investment Recognized Investment Recognized Investment Recognized With no related allowance recorded Commercial real estate - owner occupied $ - $ - $ 5,041 $ 73 $ 5,041 $ 73 Commercial real estate - non-owner occupied (1) - - 135 3 135 3 Construction and land development - - - - - - Commercial loans - - 2,020 - 2,020 - Residential 1-4 family (2) 986 8 - - 986 8 Other consumer loans - - - - - - Total $ 986 $ 8 $ 7,196 $ 76 $ 8,182 $ 84 With an allowance recorded Commercial real estate - owner occupied $ - $ - $ 1,364 $ 10 $ 1,364 $ 10 Commercial real estate - non-owner occupied (1) - - - - - - Construction and land development - - - - - - Commercial loans - - 3,413 53 3,413 53 Residential 1-4 family (2) - - - - - - Other consumer loans - - - - - - Total $ - $ - $ 4,777 $ 63 $ 4,777 $ 63 Grand total $ 986 $ 8 $ 11,973 $ 139 $ 12,959 $ 147 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. Three months ended March 31, 2015 Covered Loans Non-covered Loans Total Loans Average Interest Average Interest Average Interest Recorded Income Recorded Income Recorded Income Investment Recognized Investment Recognized Investment Recognized With no related allowance recorded Commercial real estate - owner occupied $ - $ - $ 5,122 $ 74 $ 5,122 $ 74 Commercial real estate - non-owner occupied (1) - - 1,851 29 1,851 29 Construction and land development - - 450 9 450 9 Commercial loans - - 3,655 53 3,655 53 Residential 1-4 family (2) 1,658 11 - - 1,658 11 Other consumer loans - - - - - - Total $ 1,658 $ 11 $ 11,078 $ 165 $ 12,736 $ 176 With an allowance recorded Commercial real estate - owner occupied $ - $ - $ 6,837 $ 90 $ 6,837 $ 90 Commercial real estate - non-owner occupied (1) - - - - - - Construction and land development - - - - - - Commercial loans - - 4,050 21 4,050 21 Residential 1-4 family (2) - - 734 - 734 - Other consumer loans - - - - - - Total $ - $ - $ 11,621 $ 111 $ 11,621 $ 111 Grand total $ 1,658 $ 11 $ 22,699 $ 276 $ 24,357 $ 287 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. The following tables present the aging of the recorded investment in past due loans by class of loans as of March 31, 2016 and December 31, 2015 (in thousands): March 31, 2016 30 - 59 60 - 89 Days Days 90 Days Total Nonaccrual Loans Not Total Past Due Past Due or More Past Due Loans Past Due Loans Covered loans: Commercial real estate - owner occupied $ - $ - $ - $ - $ - $ - $ - Commercial real estate - non-owner occupied (1) - - - - - - - Construction and land development - - - - - - - Commercial loans - - - - - - - Residential 1-4 family (2) 43 - - 43 640 32,476 33,159 Other consumer loans - - - - - - - Total $ 43 $ - $ - $ 43 $ 640 $ 32,476 $ 33,159 Non-covered loans: Commercial real estate - owner occupied $ - $ - $ - $ - $ 632 $ 138,141 $ 138,773 Commercial real estate - non-owner occupied (1) - - - - - 314,403 314,403 Construction and land development - - - - - 69,574 69,574 Commercial loans 321 - - 321 2,272 120,346 122,939 Residential 1-4 family (2) 62 - - 62 - 192,757 192,819 Other consumer loans - - - - - 1,118 1,118 Total $ 383 $ - $ - $ 383 $ 2,904 $ 836,339 $ 839,626 Total loans: Commercial real estate - owner occupied $ - $ - $ - $ - $ 632 $ 138,141 $ 138,773 Commercial real estate - non-owner occupied (1) - - - - - 314,403 314,403 Construction and land development - - - - - 69,574 69,574 Commercial loans 321 - - 321 2,272 120,346 122,939 Residential 1-4 family (2) 105 - - 105 640 225,233 225,978 Other consumer loans - - - - - 1,118 1,118 Total $ 426 $ - $ - $ 426 $ 3,544 $ 868,815 $ 872,785 December 31, 2015 30 - 59 60 - 89 Days Days 90 Days Total Nonaccrual Loans Not Total Past Due Past Due or More Past Due Loans Past Due Loans Covered loans: Commercial real estate - owner occupied $ - $ - $ - $ - $ - $ - $ - Commercial real estate - non-owner occupied (1) - - - - - - - Construction and land development - - - - - - - Commercial loans - - - - - - - Residential 1-4 family (2) 119 43 - 162 698 33,513 34,373 Other consumer loans - - - - - - - Total $ 119 $ 43 $ - $ 162 $ 698 $ 33,513 $ 34,373 Non-covered loans: Commercial real estate - owner occupied $ 561 $ - $ - $ 561 $ 2,071 $ 138,889 $ 141,521 Commercial real estate - non-owner occupied (1) - - - - - 282,592 282,592 Construction and land development - - - - - 67,832 67,832 Commercial loans 267 - - 267 2,102 122,616 124,985 Residential 1-4 family (2) 85 - - 85 - 178,790 178,875 Other consumer loans 1 - - 1 - 1,365 1,366 Total $ 914 $ - $ - $ 914 $ 4,173 $ 792,084 $ 797,171 Total loans: Commercial real estate - owner occupied $ 561 $ - $ - $ 561 $ 2,071 $ 138,889 $ 141,521 Commercial real estate - non-owner occupied (1) - - - - - 282,592 282,592 Construction and land development - - - - - 67,832 67,832 Commercial loans 267 - - 267 2,102 122,616 124,985 Residential 1-4 family (2) 204 43 - 247 698 212,303 213,248 Other consumer loans 1 - - 1 - 1,365 1,366 Total $ 1,033 $ 43 $ - $ 1,076 $ 4,871 $ 825,597 $ 831,544 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. Non-covered nonaccrual loans include SBA guaranteed amounts totaling $2.3 million and $3.5 million at March 31, 2016 and December 31, 2015, respectively. Activity in the allowance for non-covered loan and lease losses for the three months ended March 31, 2016 and 2015 is summarized below (in thousands): Commercial Commercial Real Estate Real Estate Construction Other Non-covered loans: Owner Non-owner and Land Commercial 1-4 Family Consumer Three months ended March 31, 2016 Occupied Occupied (1) Development Loans Residential (2) Loans Unallocated Total Allowance for loan losses: Beginning balance $ 1,185 $ 1,222 $ 865 $ 3,041 $ 1,408 $ 48 $ 652 $ 8,421 Charge offs - - - (114 ) - (253 ) - (367 ) Recoveries - - - 8 2 1 - 11 Provision 66 331 (149 ) (43 ) 146 286 (12 ) 625 Ending balance $ 1,251 $ 1,553 $ 716 $ 2,892 $ 1,556 $ 82 $ 640 $ 8,690 Three months ended March 31, 2015 Allowance for loan losses: Beginning balance $ 855 $ 1,123 $ 1,644 $ 2,063 $ 1,322 $ 49 $ 337 $ 7,393 Charge offs - - - (353 ) - (2 ) - (355 ) Recoveries 1 6 139 9 2 - - 157 Provision 568 59 (432 ) 330 (109 ) (4 ) 113 525 Ending balance $ 1,424 $ 1,188 $ 1,351 $ 2,049 $ 1,215 $ 43 $ 450 $ 7,720 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. Activity in the allowance for covered loan and lease losses by class of loan for the three months ended March 31, 2016 and 2015 is summarized below (in thousands): Commercial Commercial Real Estate Real Estate Construction Other Covered loans: Owner Non-owner and Land Commercial 1-4 Family Consumer Three months ended March 31, 2016 Occupied Occupied (1) Development Loans Residential (3) Loans Unallocated Total Allowance for loan losses: Beginning balance $ - $ - $ - $ - $ - $ - $ - $ - Charge offs - - - - - - - - Recoveries - - - - - - - - Adjustments (2) - - - - - - - - Provision - - - - - - - - Ending balance $ - $ - $ - $ - $ - $ - $ - $ - Three months ended March 31, 2015 Allowance for loan losses: Beginning balance $ - $ - $ - $ - $ 17 $ 4 $ - $ 21 Charge offs - - - - - - - - Recoveries - - - - - - - - Adjustments (2) - - - - - - - - Provision - - - - - - - - Ending balance $ - $ - $ - $ - $ 17 $ 4 $ - $ 21 (1) Includes loans secured by farmland and multi-family residential loans. (2) Represents the portion of increased expected losses which is covered by the loss sharing agreement with the FDIC. (3) Includes home equity lines of credit. The following tables present the balance in the allowance for loan losses and the recorded investment in non-covered loans by portfolio segment and based on impairment method as of March 31, 2016 and December 31, 2015 (in thousands): Commercial Commercial Real Estate Real Estate Construction Other Owner Non-owner and Land Commercial 1-4 Family Consumer Non-covered loans: Occupied Occupied (1) Development Loans Residential (2) Loans Unallocated Total March 31, 2016 Ending allowance balance attributable to loans: Individually evaluated for impairment $ 427 $ - $ - $ 400 $ - $ - $ - $ 827 Collectively evaluated for impairment 824 1,553 716 2,492 1,556 82 640 7,863 Total ending allowance $ 1,251 $ 1,553 $ 716 $ 2,892 $ 1,556 $ 82 $ 640 $ 8,690 Loans: Individually evaluated for impairment $ 6,382 $ 135 $ - $ 5,730 $ - $ - $ - $ 12,247 Collectively evaluated for impairment 132,391 314,268 69,574 117,209 192,819 1,118 - 827,379 Total ending loan balances $ 138,773 $ 314,403 $ 69,574 $ 122,939 $ 192,819 $ 1,118 $ - $ 839,626 December 31, 2015 Ending allowance balance attributable to loans: Individually evaluated for impairment $ 439 $ - $ - $ 400 $ - $ - $ - $ 839 Collectively evaluated for impairment 746 1,222 865 2,641 1,408 48 652 7,582 Total ending allowance $ 1,185 $ 1,222 $ 865 $ 3,041 $ 1,408 $ 48 $ 652 $ 8,421 Loans: Individually evaluated for impairment $ 7,862 $ 136 $ - $ 5,484 $ - $ - $ - $ 13,482 Collectively evaluated for impairment 133,659 282,456 67,832 119,501 178,875 1,366 - 783,689 Total ending loan balances $ 141,521 $ 282,592 $ 67,832 $ 124,985 $ 178,875 $ 1,366 $ - $ 797,171 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. The following tables present the balance in the allowance for covered loan losses and the recorded investment in covered loans by portfolio segment and based on impairment method as of March 31, 2016 and December 31, 2015 (in thousands): Commercial Commercial Real Estate Real Estate Construction Other Owner Non-owner and Land Commercial 1-4 Family Consumer Covered loans: Occupied Occupied (1) Development Loans Residential (2) Loans Unallocated Total March 31, 2016 Ending allowance balance attributable to loans: Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - Collectively evaluated for impairment - - - - - - - - Total ending allowance $ - $ - $ - $ - $ - $ - $ - $ - Loans: Individually evaluated for impairment $ - $ - $ - $ - $ 1,049 $ - $ - $ 1,049 Collectively evaluated for impairment - - - - 32,110 - - 32,110 Total ending loan balances $ - $ - $ - $ - $ 33,159 $ - $ - $ 33,159 December 31, 2015 Ending allowance balance attributable to loans: Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - Collectively evaluated for impairment - - - - - - - - Total ending allowance $ - $ - $ - $ - $ - $ - $ - $ - Loans: Individually evaluated for impairment $ - $ - $ - $ 1,066 $ - $ 1,066 Collectively evaluated for impairment - - - - 33,307 - - 33,307 Total ending loan balances $ - $ - $ - $ - $ 34,373 $ - $ - $ 34,373 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. Troubled Debt Restructurings A modification is classified as a troubled debt restructuring (“TDR”) if both of the following exist: (1) the borrower is experiencing financial difficulty and (2) the Bank has granted a concession to the borrower. The Bank determines that a borrower may be experiencing financial difficulty if the borrower is currently delinquent on any of its debt, or if the Bank is concerned that the borrower may not be able to perform in accordance with the current terms of the loan agreement in the foreseeable future. Many aspects of the borrower’s financial situation are assessed when determining whether they are experiencing financial difficulty, particularly as it relates to commercial borrowers due to the complex nature of the loan structure, business/industry risk and borrower/guarantor structures. Concessions may include the reduction of an interest rate at a rate lower than current market rate for a new loan with similar risk, extension of the maturity date, reduction of accrued interest, or principal forgiveness. When evaluating whether a concession has been granted, the Bank also considers whether the borrower has provided additional collateral or guarantors and whether such additions adequately compensate the Bank for the restructured terms, or if the revised terms are consistent with those currently being offered to new loan customers. The assessments of whether a borrower is experiencing (or is likely to experience) financial difficulty and whether a concession has been granted is subjective in nature and management’s judgment is required when determining whether a modification is a TDR. Although each occurrence is unique to the borrower and is evaluated separately, for all portfolio segments, TDRs are typically modified through reduction in interest rates, reductions in payments, changing the payment terms from principal and interest to interest only, and/or extensions in term maturity. During the three months ending March 31, 2016, there were no loans modified in troubled debt restructurings. One TDR which had been modified in 2013 defaulted during the second quarter of 2015. This loan, in the amount of $696 thousand, was current as of March 31, 2016. During the three months ending March 31, 2015, there were no loans modified in troubled debt restructurings. No TDRs defaulted during the three months ending March 31, 2015, which had been modified in the previous 12 months. Credit Quality Indicators Through its system of internal controls Southern National evaluates and segments loan portfolio credit quality on a quarterly basis using regulatory definitions for Special Mention, Substandard and Doubtful. Special Mention loans are considered to be criticized. Substandard and Doubtful loans are considered to be classified. Southern National had no loans classified Doubtful at March 31, 2016 or December 31, 2015. Special Mention loans are loans that have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position. Substandard loans may be inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful loans have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. As of March 31, 2016 and December 31, 2015, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows (in thousands): March 31, 2016 Covered Loans Non-covered Loans Total Loans Classified/ Special Classified/ Criticized (1) Pass Total Mention Substandard (3) Pass Total Criticized Pass Total Commercial real estate - owner occupied $ - $ - $ - $ 3,629 $ 6,382 $ 128,762 $ 138,773 $ 10,011 $ 128,762 $ 138,773 Commercial real estate - non-owner occupied (2) - - - - 135 314,268 314,403 135 314,268 314,403 Construction and land development - - - - - 69,574 69,574 - 69,574 69,574 Commercial loans - - - 3,993 5,730 113,216 122,939 9,723 113,216 122,939 Residential 1-4 family (4) 1,049 32,110 33,159 - - 192,819 192,819 1,049 224,929 225,978 Other consumer loans - - - - - 1,118 1,118 - 1,118 1,118 Total $ 1,049 $ 32,110 $ 33,159 $ 7,622 $ 12,247 $ 819,757 $ 839,626 $ 20,918 $ 851,867 $ 872,785 December 31, 2015 Covered Loans Non-covered Loans Total Loans Classified/ Special Classified/ Criticized (1) Pass Total Mention Substandard (3) Pass Total Criticized Pass Total Commercial real estate - owner occupied $ - $ - $ - $ $3,666 $ 7,862 $ 129,993 $ 141,521 $ 11,528 $ 129,993 $ 141,521 Commercial real estate - non-owner occupied (2) - - - - 136 282,456 282,592 136 282,456 282,592 Construction and land development - - - 552 - 67,280 67,832 552 67,280 67,832 Commercial loans - - - 4,014 5,484 115,487 124,985 9,498 115,487 124,985 Residential 1-4 family (4) 1,066 33,307 34,373 - - 178,875 178,875 1,066 212,182 213,248 Other consumer loans - - - - - 1,366 1,366 - 1,366 1,366 Total $ 1,066 $ 33,307 $ 34,373 $ 8,232 $ 13,482 $ 775,457 $ 797,171 $ 22,780 $ 808,764 $ 831,544 (1) Credit quality is enhanced by a loss sharing agreement with the FDIC in the covered portfolio. The same credit quality indicators used in the non-covered portfolio are combined. (2) Includes loans secured by farmland and multi-family residential loans. (3) Includes SBA guarantees of $2.3 million and $3.5 million as of March 31, 2016 and December 31, 2015. (4) Includes home equity lines of credit. The amount of foreclosed residential real estate property held at March 31, 2016 was $4.0 million. The recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure was $544 thousand at March 31, 2016.

FINANCIAL INSTRUMENTS WITH OFF-

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	3 Months Ended
	Mar. 31, 2016
Financial Instruments With Off Balance Sheet Risk [Abstract]
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	5. FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK Southern National is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. These instruments involve elements of credit and funding risk in excess of the amount recognized in the consolidated balance sheet. Letters of credit are written conditional commitments issued by Southern National to guarantee the performance of a customer to a third party. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loans to customers. We had letters of credit outstanding totaling $7.5 million and $6.7 million as of March 31, 2016 and December 31, 2015, respectively. Our exposure to credit loss in the event of nonperformance by the other party to the financial instruments for commitments to extend credit and letters of credit is based on the contractual amount of these instruments. We use the same credit policies in making commitments and conditional obligations as we do for on-balance sheet instruments. Unless noted otherwise, we do not require collateral or other security to support financial instruments with credit risk. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments are made predominately for adjustable rate loans, and generally have fixed expiration dates of up to three months or other termination clauses and usually require payment of a fee. Since many of the commitments may expire without being completely drawn upon, the total commitment amounts do not necessarily represent future cash requirements. We evaluate each customer's creditworthiness on a case-by-case basis. At March 31, 2016 and December 31, 2015, we had unfunded lines of credit and undisbursed construction loan funds totaling $122.5 million and $132.3 million, respectively. We had approved loan commitments of $2.0 million and $2.7 million at March 31, 2016, and December 31, 2015, respectively. Virtually all of our unfunded lines of credit, undisbursed construction loan funds and approved loan commitments are variable rate.

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
EARNINGS PER SHARE	6. EARNINGS PER SHARE The following is a reconciliation of the denominators of the basic and diluted earnings per share (“EPS”) computations (dollars in thousands, except per share data): Weighted Average Income Shares Per Share (Numerator) (Denominator) Amount For the three months ended March 31, 2016 Basic EPS $ 2,565 12,237 $ 0.21 Effect of dilutive stock options and warrants - 165 - Diluted EPS $ 2,565 12,402 $ 0.21 For the three months ended March 31, 2015 Basic EPS $ 2,004 12,217 $ 0.16 Effect of dilutive stock options and warrants - 124 - Diluted EPS $ 2,004 12,341 $ 0.16 There were 571,159 and 578,348 anti-dilutive options and warrants for the three months ended March 31, 2016, and March 31, 2015, respectively.

FAIR VALUE

FAIR VALUE	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
FAIR VALUE	7. FAIR VALUE ASC 820-10 establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data Level 3: Significant unobservable inputs that reflect a reporting entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability The following is a description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy: Securities Available for Sale Where quoted prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. Level 1 securities would include highly liquid government bonds, mortgage products and exchange traded equities. If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics, or discounted cash flow. Level 2 securities would include U. S. agency securities, mortgage-backed securities, obligations of states and political subdivisions and certain corporate, asset-backed and other securities. In certain cases where there is limited activity or less transparency around inputs to the valuation, securities are classified within Level 3 of the valuation hierarchy. Currently, all of Southern National’s available-for-sale debt securities are considered to be Level 2 securities. Assets measured at fair value on a recurring basis are summarized below: Fair Value Measurements Using Significant Quoted Prices in Other Significant Active Markets for Observable Unobservable Total at Identical Assets Inputs Inputs (dollars in thousands) March 31, 2016 (Level 1) (Level 2) (Level 3) Financial assets: Available for sale securities Obligations of states and political subdivisions $ 2,324 $ - $ 2,324 $ - Trust preferred securities 1,547 - 1,547 - $ 3,871 $ - $ 3,871 $ - Fair Value Measurements Using Significant Quoted Prices in Other Significant Active Markets for Observable Unobservable Total at Identical Assets Inputs Inputs (dollars in thousands) December 31, 2015 (Level 1) (Level 2) (Level 3) Financial assets: Available for sale securities Obligations of states and political subdivisions $ 2,312 $ - $ 2,312 $ - Trust preferred securities 1,897 - 1,897 - $ 4,209 $ - $ 4,209 $ - Assets and Liabilities Measured on a Non-recurring Basis: Trust Preferred Securities Classified as Held-to-Maturity Prior to the quarter ended March 31, 2015, due to market conditions as well as the limited trading activity of these securities, the market value of the securities was highly sensitive to assumption changes and market volatility. We had determined that our trust preferred securities were classified within Level 3 of the fair value hierarchy. Market conditions and trading activity has improved significantly for trust preferred securities, and the fair value as of March 31, 2016 was estimated within Level 2 of the fair value hierarchy, as the fair value is based on either pricing models, quoted market prices of securities with similar characteristics, or discounted cash flows. Impaired Loans Generally, we measure the impairment for impaired loans considering the fair value of the loan’s collateral (if the loan is collateral dependent). Fair value of the loan’s collateral is determined by an independent appraisal or evaluation less estimated costs related to selling the collateral. In some cases appraised value is net of costs to sell. Estimated selling costs range from 6% to 10% of collateral valuation at March 31, 2016 and December 31, 2015. Fair value is classified as Level 3 in the fair value hierarchy. Non-covered loans identified as impaired totaled $12.2 million (including SBA guarantees of $2.3 million) as of March 31, 2016 with an allocated allowance for loan losses totaling $827 thousand compared to a carrying amount of $13.5 million (including SBA guarantees of $3.5 million) with an allocated allowance for loan losses totaling $839 thousand at December 31, 2015. Other Real Estate Owned (OREO) OREO is evaluated at the time of acquisition and recorded at fair value as determined by independent appraisal or evaluation less cost to sell. In some cases appraised value is net of costs to sell. Selling costs have been in the range from 6% to 7.6% of collateral valuation at March 31, 2016 and December 31, 2015. Fair value is classified as Level 3 in the fair value hierarchy. OREO is further evaluated quarterly for any additional impairment. At March 31, 2016, the total amount of non-covered OREO was $9.8 million and covered OREO was $343 thousand. As of December 31, 2015, the total amount of OREO was $10.1 million, and covered OREO was $343 thousand. Assets measured at fair value on a non-recurring basis are summarized below: Fair Value Measurements Using Significant Quoted Prices in Other Significant Active Markets for Observable Unobservable Total at Identical Assets Inputs Inputs (dollars in thousands) March 31, 2016 (Level 1) (Level 2) (Level 3) Impaired non-covered loans: Commercial real estate - owner occupied $ 5,955 $ 5,955 Commercial real estate - non-owner occupied (1) 135 135 Commercial loans 5,330 5,330 Impaired covered loans: Residential 1-4 family 1,049 1,049 Non-covered other real estate owned: Commercial real estate - owner occupied 1,110 1,110 Commercial real estate - non-owner occupied (1) 237 237 Construction and land development 4,749 4,749 Residential 1-4 family 3,666 3,666 Covered other real estate owned: Residential 1-4 family 343 343 Fair Value Measurements Using Significant Quoted Prices in Other Significant Active Markets for Observable Unobservable Total at Identical Assets Inputs Inputs (dollars in thousands) December 31, 2015 (Level 1) (Level 2) (Level 3) Impaired non-covered loans: Commercial real estate - owner occupied $ 7,423 $ 7,423 Commercial real estate - non-owner occupied (1) 136 136 Commercial loans 5,084 5,084 Impaired covered loans: Residential 1-4 family 1,066 1,066 Non-covered other real estate owned: Commercial real estate - owner occupied 1,110 1,110 Commercial real estate - non-owner occupied (1) 237 237 Construction and land development 5,007 5,007 Residential 1-4 family 3,741 3,741 Covered other real estate owned: Residential 1-4 family 343 343 (1) Includes loans secured by farmland and multi-family residential loans. Fair Value of Financial Instruments The carrying amount, estimated fair values and fair value hierarchy levels (previously defined) of financial instruments were as follows (in thousands): March 31, 2016 December 31, 2015 Fair Value Carrying Fair Carrying Fair Hierarchy Level Amount Value Amount Value Financial assets: Cash and cash equivalents Level 1 $ 34,124 $ 34,124 $ 30,336 $ 30,336 Securities available for sale See previous table 3,871 3,871 4,209 4,209 Securities held to maturity Level 2 98,727 99,583 96,780 96,464 Stock in Federal Reserve Bank and Federal Home Loan Bank n/a 7,589 n/a 6,929 n/a Equity investment in mortgage affiliate Level 3 4,539 4,539 4,459 4,459 Preferred investment in mortgage affiliate Level 3 2,555 2,555 2,555 2,555 Net non-covered loans Level 3 828,790 836,564 786,631 793,541 Net covered loans Level 3 33,159 37,413 34,373 38,077 Accrued interest receivable Level 2 & Level 3 2,873 2,873 2,914 2,914 FDIC indemnification asset Level 3 2,705 745 2,922 745 Financial liabilities: Demand deposits Level 1 112,840 112,840 111,849 111,849 Money market and savings accounts Level 1 177,822 177,822 181,670 181,670 Certificates of deposit Level 3 566,876 569,155 531,775 531,456 Securities sold under agreements to repurchase and other short-term borrowings Level 1 83,045 83,045 69,381 69,381 FHLB advances Level 3 15,000 15,065 15,000 15,041 Accrued interest payable Level 1 & Level 3 905 905 846 846 Carrying amount is the estimated fair value for cash and cash equivalents, equity investment in mortgage affiliate, preferred investment in mortgage affiliate, accrued interest receivable and payable, demand deposits, savings accounts, money market accounts, short-term debt, and variable rate loans that reprice frequently and fully. For fixed rate loans or deposits and for variable rate loans with infrequent repricing or repricing limits, fair value is based on discounted cash flows using current market rates applied to the estimated life. A discount for liquidity risk was not considered necessary in estimating the fair value of loans. It was not practicable to determine the fair value of Federal Reserve Bank and Federal Home Loan Bank stock due to restrictions placed on its transferability. Carrying amount is the estimated fair value for the equity investment and the preferred investment in the mortgage affiliate. Fair value of long-term debt is based on current rates for similar financing. The fair value of the FDIC indemnification asset was determined by discounting estimated future cash flows using the long-term risk free rate plus a premium and represents the present value of our current expectation for recoveries from the FDIC on covered loans. The fair value of off-balance-sheet items is not considered material. The fair value of loans is not presented on an exit price basis.

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS	3 Months Ended
	Mar. 31, 2016
Securities Sold Under Agreements To Repurchase And Other Short Term Borrowings [Abstract]
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS	8. SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS Other short-term borrowings can consist of Federal Home Loan Bank (FHLB) overnight advances, other FHLB advances maturing within one year, federal funds purchased and securities sold under agreements to repurchase that mature within one year, which are secured transactions with customers. For our repurchase agreements with customers, we hold the collateral in a segregated custodial account. We are required to maintain adequate collateral levels. In the event the collateral fair value falls below stipulated levels, we will pledge additional securities. We closely monitor collateral levels to ensure adequate levels are maintained, while mitigating the potential risk of over-collateralization.

ACCOUNTING POLICIES (Policies)

ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates The preparation of the consolidated financial statements in conformity with U. S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the carrying value of investment securities, other than temporary impairment of investment securities, the valuation of goodwill and intangible assets, the FDIC indemnification asset, mortgage servicing rights, other real estate owned and deferred tax assets.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In September 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-12, Compensation—Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved After the Requisite Service Period In April 2015, the FASB issued ASU No. 2015-03, Simplifying the Presentation of Debt Issuance Costs. In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis In September 2015, the FASB issued ASU 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments In January 2016, the FASB issued ASU 2016-1, Financial Instruments Overall (Topic 825): Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In March 2016, the FASB issued ASU 2016-07 , Investments – Equity Method and Joint Ventures (Topic 323), Simplifying the Transition to the Equity Method of Accounting In March 2016, the FASB issued ASU 2016-08 , Revenue from Contracts with Customers (Topic 606), Principal versus Agent Considerations (Reporting Revenue Gross versus Net) Revenue from Contracts with Customers (Topic 606) In March 2016, the FASB issued ASU 2016-09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting

STOCK- BASED COMPENSATION (Tabl

STOCK- BASED COMPENSATION (Tables)	3 Months Ended
	Mar. 31, 2016
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
Schedule of activity in the stock option plan	Weighted Weighted Average Aggregate Average Remaining Intrinsic Exercise Contractual Value Shares Price Term (in thousands) Options outstanding, beginning of period 664,400 $ 9.00 Granted - Forfeited - Exercised (10,500 ) 7.15 Options outstanding, end of period 653,900 $ 9.03 6.8 $ 1,899 Vested or expected to vest 653,900 $ 9.03 6.8 $ 1,899 Exercisable at end of period 343,880 $ 7.91 5.3 $ 1,388

SECURITIES (Tables)

SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost and fair value of securities available-for-sale	Amortized Gross Unrealized Fair March 31, 2016 Cost Gains Losses Value Obligations of states and political subdivisions $ 2,286 $ 38 $ - $ 2,324 Trust preferred securities 2,590 - (1,043 ) 1,547 $ 4,876 $ 38 $ (1,043 ) $ 3,871 Amortized Gross Unrealized Fair December 31, 2015 Cost Gains Losses Value Obligations of states and political subdivisions $ 2,287 $ 25 $ - $ 2,312 Trust preferred securities 2,590 - (693 ) 1,897 $ 4,877 $ 25 $ (693 ) $ 4,209
Schedule of amortized cost, unrecognized gains and losses, and fair value of held to maturity securities	Amortized Gross Unrecognized Fair March 31, 2016 Cost Gains Losses Value Residential government-sponsored mortgage-backed securities $ 19,784 $ 640 $ (16 ) 20,408 Residential government-sponsored collateralized mortgage obligations 2,821 2 (16 ) 2,807 Government-sponsored agency securities 59,081 478 - 59,559 Obligations of states and political subdivisions 12,772 245 (40 ) 12,977 Trust preferred securities 4,269 - (437 ) 3,832 $ 98,727 $ 1,365 $ (509 ) $ 99,583 Amortized Gross Unrecognized Fair December 31, 2015 Cost Gains Losses Value Residential government-sponsored mortgage-backed securities $ 20,751 $ 459 $ (22 ) $ 21,188 Residential government-sponsored collateralized mortgage obligations 2,946 - (66 ) 2,880 Government-sponsored agency securities 55,937 222 (618 ) 55,541 Obligations of states and political subdivisions 12,794 157 (67 ) 12,884 Trust preferred securities 4,352 - (381 ) 3,971 $ 96,780 $ 838 $ (1,154 ) $ 96,464
Schedule of fair value and carrying amount, if different, of debt securities, by contractual maturity	Held to Maturity Available for Sale Amortized Amortized Cost Fair Value Cost Fair Value Due in five to ten years $ 12,196 $ 12,324 $ - $ - Due after ten years 63,926 64,044 4,876 3,871 Residential government-sponsored mortgage-backed securities 19,784 20,408 - - Residential government-sponsored collateralized mortgage obligations 2,821 2,807 - - Total $ 98,727 $ 99,583 $ 4,876 $ 3,871
Schedule of present information regarding securities in a continuous unrealized loss position by duration of time in a loss position	March 31, 2016 Less than 12 months 12 Months or More Total Available for Sale Fair value Unrealized Fair value Unrealized Fair value Unrealized Trust preferred securities $ - $ - $ 1,547 $ (1,043 ) $ 1,547 $ (1,043 ) Less than 12 months 12 Months or More Total Held to Maturity Fair value Unrecognized Fair value Unrecognized Fair value Unrecognized Residential government-sponsored mortgage-backed securities $ - $ - $ 529 $ (16 ) $ 529 $ (16 ) Residential government-sponsored collateralized mortgage obligations - - 2,318 (16 ) 2,318 (16 ) Obligations of states and political subdivisions - - 2,032 (40 ) 2,032 (40 ) Trust preferred securities - - 3,832 (437 ) 3,832 (437 ) $ - $ - $ 8,711 $ (509 ) $ 8,711 $ (509 ) December 31, 2015 Less than 12 months 12 Months or More Total Available for Sale Fair value Unrealized Fair value Unrealized Fair value Unrealized Trust preferred securities $ - $ - $ 1,897 $ (693 ) $ 1,897 $ (693 ) Less than 12 months 12 Months or More Total Held to Maturity Fair value Unrecognized Fair value Unrecognized Fair value Unrecognized Residential government-sponsored mortgage-backed securities $ 5,459 $ (14 ) $ 640 $ (8 ) $ 6,099 $ (22 ) Residential government-sponsored collateralized mortgage obligations 512 (5 ) 2,368 (61 ) 2,880 (66 ) Government-sponsored agency securities 35,453 (507 ) 9,878 (111 ) 45,331 (618 ) Obligations of states and political subdivisions - - 2,513 (67 ) 2,513 (67 ) Trust preferred securities - - 3,971 (381 ) 3,971 (381 ) $ 41,424 $ (526 ) $ 19,370 $ (628 ) $ 60,794 $ (1,154 )
Schedule of owned pooled trust preferred securities	Previously % of Current Recognized Defaults and Cumulative Ratings Estimated Deferrals to Other Tranche When Purchased Current Ratings Fair Total Comprehensive Security Level Moody's Fitch Moody's Fitch Par Value Book Value Value Collateral Loss (1) Held to Maturity (in thousands) ALESCO VII A1B Senior Aaa AAA A1 A $ 4,367 $ 3,998 $ 3,604 13% $ 248 MMCF III B Senior Sub A3 A- Ba1 BB 276 271 228 32% 5 4,643 4,269 3,832 $ 253 Cumulative OTTI Available for Sale Related to Other Than Temporarily Impaired: Credit Loss (2) TPREF FUNDING II Mezzanine A1 A- Caa3 C 1,500 1,100 510 37% 400 ALESCO V C1 Mezzanine A2 A Caa3 C 2,150 1,490 1,037 14% 660 3,650 2,590 1,547 $ 1,060 Total $ 8,293 $ 6,859 $ 5,379 (1) Pre-tax, and represents unrealized losses at date of transfer from available-for-sale to held-to-maturity, net of accretion (2) Pre-tax
Schedule of credit losses recognized in earnings	2016 2015 Amount of cumulative other-than-temporary impairment related to credit loss prior to January 1 $ 1,060 $ 8,949 Amounts related to credit loss for which an other-than-temporary impairment was not previously recognized - - Amounts related to credit loss for which an other-than-temporary impairment was previously recognized - - Reductions due to realized losses - - Amount of cumulative other-than-temporary impairment related to credit loss as of March 31 $ 1,060 $ 8,949
Schedule of changes in accumulated other comprehensive income by component	Unrealized Holding Gains (Losses) on For the three months ended March 31, 2016 Available for Sale Held to Maturity Securities Securities Total Beginning balance $ (440 ) $ (170 ) $ (610 ) Other comprehensive income/(loss) before reclassifications (222 ) 2 (220 ) Amounts reclassified from accumulated other comprehensive income/(loss) - - - Net current-period other comprehensive income/(loss) (222 ) 2 (220 ) Ending balance $ (662 ) $ (168 ) $ (830 ) Unrealized Holding Gains (Losses) on For the three months ended March 31, 2015 Available for Sale Held to Maturity Securities Securities Total Beginning balance $ (6 ) $ (3,014 ) $ (3,020 ) Other comprehensive income/(loss) before reclassifications 15 14 29 Amounts reclassified from accumulated other comprehensive income/(loss) - - - Net current-period other comprehensive income/(loss) 15 14 29 Ending balance $ 9 $ (3,000 ) $ (2,991 )

LOANS AND ALLOWANCE FOR LOAN 19

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	3 Months Ended
	Mar. 31, 2016
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Schedule of composition of loan portfolio	Covered Non-covered Total Covered Non-covered Total Loans (1) Loans Loans Loans (1) Loans Loans March 31, 2016 December 31, 2015 Loans secured by real estate: Commercial real estate - owner-occupied $ - $ 138,773 $ 138,773 $ - $ 141,521 $ 141,521 Commercial real estate - non-owner-occupied - 282,464 282,464 - 256,513 256,513 Secured by farmland - 566 566 - 578 578 Construction and land loans - 69,574 69,574 - 67,832 67,832 Residential 1-4 family 12,689 180,038 192,727 12,994 165,077 178,071 Multi- family residential - 31,373 31,373 - 25,501 25,501 Home equity lines of credit 20,470 12,781 33,251 21,379 13,798 35,177 Total real estate loans 33,159 715,569 748,728 34,373 670,820 705,193 Commercial loans - 122,939 122,939 - 124,985 124,985 Consumer loans - 1,118 1,118 - 1,366 1,366 Gross loans 33,159 839,626 872,785 34,373 797,171 831,544 Less deferred fees on loans - (2,146 ) (2,146 ) - (2,119 ) (2,119 ) Loans, net of deferred fees $ 33,159 $ 837,480 $ 870,639 $ 34,373 $ 795,052 $ 829,425 (1) Covered Loans were acquired in the Greater Atlantic transaction and are covered under an FDIC loss-share agreement. The agreement covering non-single family loans expired in December 2014.
Schedule of summary of impaired loans	March 31, 2016 Covered Loans Non-covered Loans Total Loans Unpaid Unpaid Unpaid Recorded Principal Related Recorded Principal Related Recorded Principal Related Investment Balance Allowance Investment (1) Balance Allowance Investment Balance Allowance With no related allowance recorded Commercial real estate - owner occupied $ - $ - $ - $ 5,027 $ 5,027 $ - $ 5,027 $ 5,027 $ - Commercial real estate - non-owner occupied (2) - - - 135 228 - 135 228 - Construction and land development - - - - - - - - - Commercial loans - - - 2,272 2,925 - 2,272 2,925 - Residential 1-4 family (4) 1,049 1,221 - - - - 1,049 1,221 - Other consumer loans - - - - - - - - - Total $ 1,049 $ 1,221 $ - $ 7,434 $ 8,180 $ - $ 8,483 $ 9,401 $ - With an allowance recorded Commercial real estate - owner occupied $ - $ - $ - $ 1,355 $ 1,469 $ 427 $ 1,355 $ 1,469 $ 427 Commercial real estate - non-owner occupied (2) - - - - - - - - - Construction and land development - - - - - - - - - Commercial loans - - - 3,458 3,458 400 3,458 3,458 400 Residential 1-4 family (4) - - - - - - Other consumer loans - - - - - - - - - Total $ - $ - $ - $ 4,813 $ 4,927 $ 827 $ 4,813 $ 4,927 $ 827 Grand total $ 1,049 $ 1,221 $ - $ 12,247 $ 13,107 $ 827 $ 13,296 $ 14,328 $ 827 (1) Recorded investment is after cumulative prior charge offs of $753 thousand. These loans also have aggregate SBA guarantees of $2.3 million. (2) Includes loans secured by farmland and multi-family residential loans. (3) The Bank recognizes loan impairment and may concurrently record a charge off to the allowance for loan losses. (4) Includes home equity lines of credit. December 31, 2015 Covered Loans Non-covered Loans Total Loans Unpaid Unpaid Unpaid Recorded Principal Related Recorded Principal Related Recorded Principal Related Investment Balance Allowance Investment (1) Balance Allowance Investment Balance Allowance With no related allowance recorded Commercial real estate - owner occupied $ - $ - $ - $ 6,492 $ 6,986 $ - $ 6,492 $ 6,986 $ - Commercial real estate - non-owner occupied (2) - - - 136 230 - 136 230 - Construction and land development - - - - - - - - - Commercial loans - - - 2,102 2,698 - 2,102 2,698 - Residential 1-4 family (4) 1,066 1,243 - - - - 1,066 1,243 - Other consumer loans - - - - - - - - - Total $ 1,066 $ 1,243 $ - $ 8,730 $ 9,914 $ - $ 9,796 $ 11,157 $ - With an allowance recorded Commercial real estate - owner occupied $ - $ - $ - $ 1,370 $ 1,484 $ 439 $ 1,370 $ 1,484 $ 439 Commercial real estate - non-owner occupied (2) - - - - - - - - - Construction and land development - - - - - - - - - Commercial loans - - - 3,382 3,382 400 3,382 3,382 400 Residential 1-4 family (4) - - - - - - - - - Other consumer loans - - - - - - - - - Total $ - $ - $ - $ 4,752 $ 4,866 $ 839 $ 4,752 $ 4,866 $ 839 Grand total $ 1,066 $ 1,243 $ - $ 13,482 $ 14,780 $ 839 $ 14,548 $ 16,023 $ 839 (1) Recorded investment is after cumulative prior charge offs of $1.2 million. These loans also have aggregate SBA guarantees of $3.5 million. (2) Includes loans secured by farmland and multi-family residential loans. (3) The Bank recognizes loan impairment and may concurrently record a charge off to the allowance for loan losses. (4) Includes home equity lines of credit.
Schedule of details of average recorded investment and interest income for impaired loans recognized by class of loans	Three months ended March 31, 2016 Covered Loans Non-covered Loans Total Loans Average Interest Average Interest Average Interest Recorded Income Recorded Income Recorded Income Investment Recognized Investment Recognized Investment Recognized With no related allowance recorded Commercial real estate - owner occupied $ - $ - $ 5,041 $ 73 $ 5,041 $ 73 Commercial real estate - non-owner occupied (1) - - 135 3 135 3 Construction and land development - - - - - - Commercial loans - - 2,020 - 2,020 - Residential 1-4 family (2) 986 8 - - 986 8 Other consumer loans - - - - - - Total $ 986 $ 8 $ 7,196 $ 76 $ 8,182 $ 84 With an allowance recorded Commercial real estate - owner occupied $ - $ - $ 1,364 $ 10 $ 1,364 $ 10 Commercial real estate - non-owner occupied (1) - - - - - - Construction and land development - - - - - - Commercial loans - - 3,413 53 3,413 53 Residential 1-4 family (2) - - - - - - Other consumer loans - - - - - - Total $ - $ - $ 4,777 $ 63 $ 4,777 $ 63 Grand total $ 986 $ 8 $ 11,973 $ 139 $ 12,959 $ 147 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. Three months ended March 31, 2015 Covered Loans Non-covered Loans Total Loans Average Interest Average Interest Average Interest Recorded Income Recorded Income Recorded Income Investment Recognized Investment Recognized Investment Recognized With no related allowance recorded Commercial real estate - owner occupied $ - $ - $ 5,122 $ 74 $ 5,122 $ 74 Commercial real estate - non-owner occupied (1) - - 1,851 29 1,851 29 Construction and land development - - 450 9 450 9 Commercial loans - - 3,655 53 3,655 53 Residential 1-4 family (2) 1,658 11 - - 1,658 11 Other consumer loans - - - - - - Total $ 1,658 $ 11 $ 11,078 $ 165 $ 12,736 $ 176 With an allowance recorded Commercial real estate - owner occupied $ - $ - $ 6,837 $ 90 $ 6,837 $ 90 Commercial real estate - non-owner occupied (1) - - - - - - Construction and land development - - - - - - Commercial loans - - 4,050 21 4,050 21 Residential 1-4 family (2) - - 734 - 734 - Other consumer loans - - - - - - Total $ - $ - $ 11,621 $ 111 $ 11,621 $ 111 Grand total $ 1,658 $ 11 $ 22,699 $ 276 $ 24,357 $ 287 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit.
Schedule of details of aging of the recorded investment in past due loans by class of loans	March 31, 2016 30 - 59 60 - 89 Days Days 90 Days Total Nonaccrual Loans Not Total Past Due Past Due or More Past Due Loans Past Due Loans Covered loans: Commercial real estate - owner occupied $ - $ - $ - $ - $ - $ - $ - Commercial real estate - non-owner occupied (1) - - - - - - - Construction and land development - - - - - - - Commercial loans - - - - - - - Residential 1-4 family (2) 43 - - 43 640 32,476 33,159 Other consumer loans - - - - - - - Total $ 43 $ - $ - $ 43 $ 640 $ 32,476 $ 33,159 Non-covered loans: Commercial real estate - owner occupied $ - $ - $ - $ - $ 632 $ 138,141 $ 138,773 Commercial real estate - non-owner occupied (1) - - - - - 314,403 314,403 Construction and land development - - - - - 69,574 69,574 Commercial loans 321 - - 321 2,272 120,346 122,939 Residential 1-4 family (2) 62 - - 62 - 192,757 192,819 Other consumer loans - - - - - 1,118 1,118 Total $ 383 $ - $ - $ 383 $ 2,904 $ 836,339 $ 839,626 Total loans: Commercial real estate - owner occupied $ - $ - $ - $ - $ 632 $ 138,141 $ 138,773 Commercial real estate - non-owner occupied (1) - - - - - 314,403 314,403 Construction and land development - - - - - 69,574 69,574 Commercial loans 321 - - 321 2,272 120,346 122,939 Residential 1-4 family (2) 105 - - 105 640 225,233 225,978 Other consumer loans - - - - - 1,118 1,118 Total $ 426 $ - $ - $ 426 $ 3,544 $ 868,815 $ 872,785 December 31, 2015 30 - 59 60 - 89 Days Days 90 Days Total Nonaccrual Loans Not Total Past Due Past Due or More Past Due Loans Past Due Loans Covered loans: Commercial real estate - owner occupied $ - $ - $ - $ - $ - $ - $ - Commercial real estate - non-owner occupied (1) - - - - - - - Construction and land development - - - - - - - Commercial loans - - - - - - - Residential 1-4 family (2) 119 43 - 162 698 33,513 34,373 Other consumer loans - - - - - - - Total $ 119 $ 43 $ - $ 162 $ 698 $ 33,513 $ 34,373 Non-covered loans: Commercial real estate - owner occupied $ 561 $ - $ - $ 561 $ 2,071 $ 138,889 $ 141,521 Commercial real estate - non-owner occupied (1) - - - - - 282,592 282,592 Construction and land development - - - - - 67,832 67,832 Commercial loans 267 - - 267 2,102 122,616 124,985 Residential 1-4 family (2) 85 - - 85 - 178,790 178,875 Other consumer loans 1 - - 1 - 1,365 1,366 Total $ 914 $ - $ - $ 914 $ 4,173 $ 792,084 $ 797,171 Total loans: Commercial real estate - owner occupied $ 561 $ - $ - $ 561 $ 2,071 $ 138,889 $ 141,521 Commercial real estate - non-owner occupied (1) - - - - - 282,592 282,592 Construction and land development - - - - - 67,832 67,832 Commercial loans 267 - - 267 2,102 122,616 124,985 Residential 1-4 family (2) 204 43 - 247 698 212,303 213,248 Other consumer loans 1 - - 1 - 1,365 1,366 Total $ 1,033 $ 43 $ - $ 1,076 $ 4,871 $ 825,597 $ 831,544 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit.
Schedule of activity in the allowance for non-covered and covered loan and lease losses by class of loan	Commercial Commercial Real Estate Real Estate Construction Other Non-covered loans: Owner Non-owner and Land Commercial 1-4 Family Consumer Three months ended March 31, 2016 Occupied Occupied (1) Development Loans Residential (2) Loans Unallocated Total Allowance for loan losses: Beginning balance $ 1,185 $ 1,222 $ 865 $ 3,041 $ 1,408 $ 48 $ 652 $ 8,421 Charge offs - - - (114 ) - (253 ) - (367 ) Recoveries - - - 8 2 1 - 11 Provision 66 331 (149 ) (43 ) 146 286 (12 ) 625 Ending balance $ 1,251 $ 1,553 $ 716 $ 2,892 $ 1,556 $ 82 $ 640 $ 8,690 Three months ended March 31, 2015 Allowance for loan losses: Beginning balance $ 855 $ 1,123 $ 1,644 $ 2,063 $ 1,322 $ 49 $ 337 $ 7,393 Charge offs - - - (353 ) - (2 ) - (355 ) Recoveries 1 6 139 9 2 - - 157 Provision 568 59 (432 ) 330 (109 ) (4 ) 113 525 Ending balance $ 1,424 $ 1,188 $ 1,351 $ 2,049 $ 1,215 $ 43 $ 450 $ 7,720 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. Activity in the allowance for covered loan and lease losses by class of loan for the three months ended March 31, 2016 and 2015 is summarized below (in thousands): Commercial Commercial Real Estate Real Estate Construction Other Covered loans: Owner Non-owner and Land Commercial 1-4 Family Consumer Three months ended March 31, 2016 Occupied Occupied (1) Development Loans Residential (3) Loans Unallocated Total Allowance for loan losses: Beginning balance $ - $ - $ - $ - $ - $ - $ - $ - Charge offs - - - - - - - - Recoveries - - - - - - - - Adjustments (2) - - - - - - - - Provision - - - - - - - - Ending balance $ - $ - $ - $ - $ - $ - $ - $ - Three months ended March 31, 2015 Allowance for loan losses: Beginning balance $ - $ - $ - $ - $ 17 $ 4 $ - $ 21 Charge offs - - - - - - - - Recoveries - - - - - - - - Adjustments (2) - - - - - - - - Provision - - - - - - - - Ending balance $ - $ - $ - $ - $ 17 $ 4 $ - $ 21 (1) Includes loans secured by farmland and multi-family residential loans. (2) Represents the portion of increased expected losses which is covered by the loss sharing agreement with the FDIC. (3) Includes home equity lines of credit.
Schedule of allowance for non-covered loan and covered loan losses and the recorded investment by portfolio segment	Commercial Commercial Real Estate Real Estate Construction Other Owner Non-owner and Land Commercial 1-4 Family Consumer Non-covered loans: Occupied Occupied (1) Development Loans Residential (2) Loans Unallocated Total March 31, 2016 Ending allowance balance attributable to loans: Individually evaluated for impairment $ 427 $ - $ - $ 400 $ - $ - $ - $ 827 Collectively evaluated for impairment 824 1,553 716 2,492 1,556 82 640 7,863 Total ending allowance $ 1,251 $ 1,553 $ 716 $ 2,892 $ 1,556 $ 82 $ 640 $ 8,690 Loans: Individually evaluated for impairment $ 6,382 $ 135 $ - $ 5,730 $ - $ - $ - $ 12,247 Collectively evaluated for impairment 132,391 314,268 69,574 117,209 192,819 1,118 - 827,379 Total ending loan balances $ 138,773 $ 314,403 $ 69,574 $ 122,939 $ 192,819 $ 1,118 $ - $ 839,626 December 31, 2015 Ending allowance balance attributable to loans: Individually evaluated for impairment $ 439 $ - $ - $ 400 $ - $ - $ - $ 839 Collectively evaluated for impairment 746 1,222 865 2,641 1,408 48 652 7,582 Total ending allowance $ 1,185 $ 1,222 $ 865 $ 3,041 $ 1,408 $ 48 $ 652 $ 8,421 Loans: Individually evaluated for impairment $ 7,862 $ 136 $ - $ 5,484 $ - $ - $ - $ 13,482 Collectively evaluated for impairment 133,659 282,456 67,832 119,501 178,875 1,366 - 783,689 Total ending loan balances $ 141,521 $ 282,592 $ 67,832 $ 124,985 $ 178,875 $ 1,366 $ - $ 797,171 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit. The following tables present the balance in the allowance for covered loan losses and the recorded investment in covered loans by portfolio segment and based on impairment method as of March 31, 2016 and December 31, 2015 (in thousands): Commercial Commercial Real Estate Real Estate Construction Other Owner Non-owner and Land Commercial 1-4 Family Consumer Covered loans: Occupied Occupied (1) Development Loans Residential (2) Loans Unallocated Total March 31, 2016 Ending allowance balance attributable to loans: Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - Collectively evaluated for impairment - - - - - - - - Total ending allowance $ - $ - $ - $ - $ - $ - $ - $ - Loans: Individually evaluated for impairment $ - $ - $ - $ - $ 1,049 $ - $ - $ 1,049 Collectively evaluated for impairment - - - - 32,110 - - 32,110 Total ending loan balances $ - $ - $ - $ - $ 33,159 $ - $ - $ 33,159 December 31, 2015 Ending allowance balance attributable to loans: Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - Collectively evaluated for impairment - - - - - - - - Total ending allowance $ - $ - $ - $ - $ - $ - $ - $ - Loans: Individually evaluated for impairment $ - $ - $ - $ 1,066 $ - $ 1,066 Collectively evaluated for impairment - - - - 33,307 - - 33,307 Total ending loan balances $ - $ - $ - $ - $ 34,373 $ - $ - $ 34,373 (1) Includes loans secured by farmland and multi-family residential loans. (2) Includes home equity lines of credit.
Schedule of the risk category of loans by class of loans	March 31, 2016 Covered Loans Non-covered Loans Total Loans Classified/ Special Classified/ Criticized (1) Pass Total Mention Substandard (3) Pass Total Criticized Pass Total Commercial real estate - owner occupied $ - $ - $ - $ 3,629 $ 6,382 $ 128,762 $ 138,773 $ 10,011 $ 128,762 $ 138,773 Commercial real estate - non-owner occupied (2) - - - - 135 314,268 314,403 135 314,268 314,403 Construction and land development - - - - - 69,574 69,574 - 69,574 69,574 Commercial loans - - - 3,993 5,730 113,216 122,939 9,723 113,216 122,939 Residential 1-4 family (4) 1,049 32,110 33,159 - - 192,819 192,819 1,049 224,929 225,978 Other consumer loans - - - - - 1,118 1,118 - 1,118 1,118 Total $ 1,049 $ 32,110 $ 33,159 $ 7,622 $ 12,247 $ 819,757 $ 839,626 $ 20,918 $ 851,867 $ 872,785 December 31, 2015 Covered Loans Non-covered Loans Total Loans Classified/ Special Classified/ Criticized (1) Pass Total Mention Substandard (3) Pass Total Criticized Pass Total Commercial real estate - owner occupied $ - $ - $ - $ $3,666 $ 7,862 $ 129,993 $ 141,521 $ 11,528 $ 129,993 $ 141,521 Commercial real estate - non-owner occupied (2) - - - - 136 282,456 282,592 136 282,456 282,592 Construction and land development - - - 552 - 67,280 67,832 552 67,280 67,832 Commercial loans - - - 4,014 5,484 115,487 124,985 9,498 115,487 124,985 Residential 1-4 family (4) 1,066 33,307 34,373 - - 178,875 178,875 1,066 212,182 213,248 Other consumer loans - - - - - 1,366 1,366 - 1,366 1,366 Total $ 1,066 $ 33,307 $ 34,373 $ 8,232 $ 13,482 $ 775,457 $ 797,171 $ 22,780 $ 808,764 $ 831,544 (1) Credit quality is enhanced by a loss sharing agreement with the FDIC in the covered portfolio. The same credit quality indicators used in the non-covered portfolio are combined. (2) Includes loans secured by farmland and multi-family residential loans. (3) Includes SBA guarantees of $2.3 million and $3.5 million as of March 31, 2016 and December 31, 2015. (4) Includes home equity lines of credit.

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Schedule of reconciliation of the denominators of the basic and diluted earnings per share	Weighted Average Income Shares Per Share (Numerator) (Denominator) Amount For the three months ended March 31, 2016 Basic EPS $ 2,565 12,237 $ 0.21 Effect of dilutive stock options and warrants - 165 - Diluted EPS $ 2,565 12,402 $ 0.21 For the three months ended March 31, 2015 Basic EPS $ 2,004 12,217 $ 0.16 Effect of dilutive stock options and warrants - 124 - Diluted EPS $ 2,004 12,341 $ 0.16

FAIR VALUE (Tables)

FAIR VALUE (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Schedule of assets measured at fair value on a recurring basis	Fair Value Measurements Using Significant Quoted Prices in Other Significant Active Markets for Observable Unobservable Total at Identical Assets Inputs Inputs (dollars in thousands) March 31, 2016 (Level 1) (Level 2) (Level 3) Financial assets: Available for sale securities Obligations of states and political subdivisions $ 2,324 $ - $ 2,324 $ - Trust preferred securities 1,547 - 1,547 - $ 3,871 $ - $ 3,871 $ - Fair Value Measurements Using Significant Quoted Prices in Other Significant Active Markets for Observable Unobservable Total at Identical Assets Inputs Inputs (dollars in thousands) December 31, 2015 (Level 1) (Level 2) (Level 3) Financial assets: Available for sale securities Obligations of states and political subdivisions $ 2,312 $ - $ 2,312 $ - Trust preferred securities 1,897 - 1,897 - $ 4,209 $ - $ 4,209 $ -
Schedule of assets measured at fair value on non recurring basis	Fair Value Measurements Using Significant Quoted Prices in Other Significant Active Markets for Observable Unobservable Total at Identical Assets Inputs Inputs (dollars in thousands) March 31, 2016 (Level 1) (Level 2) (Level 3) Impaired non-covered loans: Commercial real estate - owner occupied $ 5,955 $ 5,955 Commercial real estate - non-owner occupied (1) 135 135 Commercial loans 5,330 5,330 Impaired covered loans: Residential 1-4 family 1,049 1,049 Non-covered other real estate owned: Commercial real estate - owner occupied 1,110 1,110 Commercial real estate - non-owner occupied (1) 237 237 Construction and land development 4,749 4,749 Residential 1-4 family 3,666 3,666 Covered other real estate owned: Residential 1-4 family 343 343 Fair Value Measurements Using Significant Quoted Prices in Other Significant Active Markets for Observable Unobservable Total at Identical Assets Inputs Inputs (dollars in thousands) December 31, 2015 (Level 1) (Level 2) (Level 3) Impaired non-covered loans: Commercial real estate - owner occupied $ 7,423 $ 7,423 Commercial real estate - non-owner occupied (1) 136 136 Commercial loans 5,084 5,084 Impaired covered loans: Residential 1-4 family 1,066 1,066 Non-covered other real estate owned: Commercial real estate - owner occupied 1,110 1,110 Commercial real estate - non-owner occupied (1) 237 237 Construction and land development 5,007 5,007 Residential 1-4 family 3,741 3,741 Covered other real estate owned: Residential 1-4 family 343 343 (1) Includes loans secured by farmland and multi-family residential loans.
Schedule of estimated fair values and fair value hierarchy levels of financial instruments	March 31, 2016 December 31, 2015 Fair Value Carrying Fair Carrying Fair Hierarchy Level Amount Value Amount Value Financial assets: Cash and cash equivalents Level 1 $ 34,124 $ 34,124 $ 30,336 $ 30,336 Securities available for sale See previous table 3,871 3,871 4,209 4,209 Securities held to maturity Level 2 98,727 99,583 96,780 96,464 Stock in Federal Reserve Bank and Federal Home Loan Bank n/a 7,589 n/a 6,929 n/a Equity investment in mortgage affiliate Level 3 4,539 4,539 4,459 4,459 Preferred investment in mortgage affiliate Level 3 2,555 2,555 2,555 2,555 Net non-covered loans Level 3 828,790 836,564 786,631 793,541 Net covered loans Level 3 33,159 37,413 34,373 38,077 Accrued interest receivable Level 2 & Level 3 2,873 2,873 2,914 2,914 FDIC indemnification asset Level 3 2,705 745 2,922 745 Financial liabilities: Demand deposits Level 1 112,840 112,840 111,849 111,849 Money market and savings accounts Level 1 177,822 177,822 181,670 181,670 Certificates of deposit Level 3 566,876 569,155 531,775 531,456 Securities sold under agreements to repurchase and other short-term borrowings Level 1 83,045 83,045 69,381 69,381 FHLB advances Level 3 15,000 15,065 15,000 15,041 Accrued interest payable Level 1 & Level 3 905 905 846 846

ACCOUNTING POLICIES (Detail Tex

ACCOUNTING POLICIES (Detail Textuals) - Sonabank	3 Months Ended
	Mar. 31, 2016Branch
Virginia
Organization And Significant Accounting Policies [Line Items]
Number of branches	15
Warrenton
Organization And Significant Accounting Policies [Line Items]
Number of branches	2
Middleburg and Leesburg | Loudoun
Organization And Significant Accounting Policies [Line Items]
Number of branches	2
South Riding | Loudoun
Organization And Significant Accounting Policies [Line Items]
Number of branches	1
Front Royal
Organization And Significant Accounting Policies [Line Items]
Number of branches	1
New Market
Organization And Significant Accounting Policies [Line Items]
Number of branches	1
Haymarket
Organization And Significant Accounting Policies [Line Items]
Number of branches	1
Richmond
Organization And Significant Accounting Policies [Line Items]
Number of branches	1
Clifton Forge
Organization And Significant Accounting Policies [Line Items]
Number of branches	1
Maryland
Organization And Significant Accounting Policies [Line Items]
Number of branches	8
Maryland | Rockville
Organization And Significant Accounting Policies [Line Items]
Number of branches	1
Maryland | Shady Grove
Organization And Significant Accounting Policies [Line Items]
Number of branches	1
Maryland | Frederick
Organization And Significant Accounting Policies [Line Items]
Number of branches	1
Maryland | Bethesda
Organization And Significant Accounting Policies [Line Items]
Number of branches	1
Maryland | Upper Marlboro
Organization And Significant Accounting Policies [Line Items]
Number of branches	1
Maryland | Brandywine
Organization And Significant Accounting Policies [Line Items]
Number of branches	1
Maryland | Owings
Organization And Significant Accounting Policies [Line Items]
Number of branches	1
Maryland | Huntingtown
Organization And Significant Accounting Policies [Line Items]
Number of branches	1

STOCK- BASED COMPENSATION - Act

STOCK- BASED COMPENSATION - Activity in stock option plan (Details) - Stock Options $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)$ / sharesshares
Shares
Options outstanding, beginning of period | shares	664,400
Granted | shares
Forfeited | shares
Exercised | shares	(10,500)
Options outstanding, end of period | shares	653,900
Vested or expected to vest | shares	653,900
Exercisable at end of period | shares	343,880
Weighted Average Exercise Price
Options outstanding, beginning of period | $ / shares	$ 9
Granted | $ / shares
Forfeited | $ / shares
Exercised | $ / shares	$ 7.15
Options outstanding, end of period | $ / shares	9.03
Vested or expected to vest | $ / shares	9.03
Exercisable at end of period | $ / shares	$ 7.91
Weighted Average Remaining Contractual Term
Options outstanding, end of period	6 years 9 months 18 days
Vested or expected to vest	6 years 9 months 18 days
Exercisable at end of period	5 years 3 months 18 days
Options outstanding, end of period - Aggregate Intrinsic Value | $	$ 1,899
Vested or expected to vest - Aggregate Intrinsic Value | $	1,899
Exercisable at end of period - Aggregate Intrinsic Value | $	$ 1,388

STOCK- BASED COMPENSATION (Deta

STOCK- BASED COMPENSATION (Detail Textuals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Apr. 30, 2010	Dec. 31, 2004
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 79	$ 85
Unrecognized compensation expense associated with the stock options	$ 550
Unrecognized compensation cost weighted average recognition period	2 years 3 months 18 days
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option granted
Stock Options | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum term of options	10 years
Stock Options | 2004 Stock Option Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for reservation (in shares)				302,500
Stock Options | 2010 Stock Awards and Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for reservation (in shares)			700,000

SECURITIES - Amortized cost and

SECURITIES - Amortized cost and fair value of securities (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 4,876	$ 4,877
Gross Unrealized Gains	38	25
Gross Unrealized Losses	(1,043)	(693)
Fair Value	3,871	4,209
Obligations of states and political subdivisions
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	2,286	2,287
Gross Unrealized Gains	$ 38	$ 25
Gross Unrealized Losses
Fair Value	$ 2,324	$ 2,312
Trust preferred securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 2,590	$ 2,590
Gross Unrealized Gains
Gross Unrealized Losses	$ (1,043)	$ (693)
Fair Value	$ 1,547	$ 1,897

SECURITIES - Carrying amount an

SECURITIES - Carrying amount and fair value of securities (Details 1) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 98,727	$ 96,780
Gross Unrecognized Gains	1,365	838
Gross Unrecognized Losses	(509)	(1,154)
Fair Value	99,583	96,464
Residential government-sponsored mortgage-backed securities
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	19,784	20,751
Gross Unrecognized Gains	640	459
Gross Unrecognized Losses	(16)	(22)
Fair Value	20,408	21,188
Residential government-sponsored collateralized mortgage obligations
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	2,821	$ 2,946
Gross Unrecognized Gains	2
Gross Unrecognized Losses	(16)	$ (66)
Fair Value	2,807	2,880
Government-sponsored agency securities
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	59,081	55,937
Gross Unrecognized Gains	$ 478	222
Gross Unrecognized Losses		(618)
Fair Value	$ 59,559	55,541
Obligations of states and political subdivisions
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	12,772	12,794
Gross Unrecognized Gains	245	157
Gross Unrecognized Losses	(40)	(67)
Fair Value	12,977	12,884
Trust preferred securities
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 4,269	$ 4,352
Gross Unrecognized Gains
Gross Unrecognized Losses	$ (437)	$ (381)
Fair Value	$ 3,832	$ 3,971

SECURITIES - Contractual maturi

SECURITIES - Contractual maturity (Details 2) $ in Thousands	Mar. 31, 2016USD ($)
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Held to maturity, due in five to ten years, amortized cost	$ 12,196
Held to maturity, due in five to ten years, fair value	12,324
Held to maturity, due after ten years, amortized cost	63,926
Held to maturity, due after ten years, fair value	64,044
Held to maturity, amortized cost	98,727
Held to maturity, fair value	$ 99,583
Available for sale, due in five to ten years, amortized cost
Available for sale, due in five to ten years, fair value
Available for sale, due after ten years, amortized cost	$ 4,876
Available for sale, due after ten years, fair value	3,871
Available for sale, amortized cost	4,876
Available for sale, fair value	3,871
Residential government-sponsored mortgage-backed securities
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Held to maturity, amortized cost	19,784
Held to maturity, fair value	$ 20,408
Available for sale, amortized cost
Available for sale, fair value
Residential government-sponsored collateralized mortgage obligations
Schedule Of Available For Sale and Held To Maturity Securities [Line Items]
Held to maturity, amortized cost	$ 2,821
Held to maturity, fair value	$ 2,807
Available for sale, amortized cost
Available for sale, fair value

SECURITIES - Securities in cont

SECURITIES - Securities in continuous unrealized loss position (Details 3) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Schedule Of Available For Sale and Held To Maturity Securities
Held to maturity, less than 12 months, fair value		$ 41,424
Held to Maturity, less than 12 months unrecognized losses		(526)
Held to Maturity, 12 months or more, fair value	$ 8,711	19,370
Held to Maturity, 12 months or more, unrecognized losses	(509)	(628)
Held to maturity, total fair value	8,711	60,794
Held to maturity, total unrecognized losses	$ (509)	(1,154)
Residential government-sponsored mortgage-backed securities
Schedule Of Available For Sale and Held To Maturity Securities
Held to maturity, less than 12 months, fair value		5,459
Held to Maturity, less than 12 months unrecognized losses		(14)
Held to Maturity, 12 months or more, fair value	$ 529	640
Held to Maturity, 12 months or more, unrecognized losses	(16)	(8)
Held to maturity, total fair value	529	6,099
Held to maturity, total unrecognized losses	$ (16)	(22)
Residential government-sponsored collateralized mortgage obligations
Schedule Of Available For Sale and Held To Maturity Securities
Held to maturity, less than 12 months, fair value		512
Held to Maturity, less than 12 months unrecognized losses		(5)
Held to Maturity, 12 months or more, fair value	$ 2,318	2,368
Held to Maturity, 12 months or more, unrecognized losses	(16)	(61)
Held to maturity, total fair value	2,318	2,880
Held to maturity, total unrecognized losses	$ (16)	(66)
Government-Sponsored Agency Securities
Schedule Of Available For Sale and Held To Maturity Securities
Held to maturity, less than 12 months, fair value		35,453
Held to Maturity, less than 12 months unrecognized losses		(507)
Held to Maturity, 12 months or more, fair value		9,878
Held to Maturity, 12 months or more, unrecognized losses		(111)
Held to maturity, total fair value		45,331
Held to maturity, total unrecognized losses		$ (618)
Obligations of states and political subdivisions
Schedule Of Available For Sale and Held To Maturity Securities
Held to maturity, less than 12 months, fair value
Held to Maturity, less than 12 months unrecognized losses
Held to Maturity, 12 months or more, fair value	$ 2,032	$ 2,513
Held to Maturity, 12 months or more, unrecognized losses	(40)	(67)
Held to maturity, total fair value	2,032	2,513
Held to maturity, total unrecognized losses	$ (40)	$ (67)
Trust preferred securities
Schedule Of Available For Sale and Held To Maturity Securities
Available for sale, less than 12 months, fair value
Available for sale, less than 12 months, unrealized losses
Available for sale, 12 months or more, fair value	$ 1,547	$ 1,897
Available for sale, 12 months or more, unrealized losses	(1,043)	(693)
Available for sale, total fair value	1,547	1,897
Available for sale, total unrealized losses	$ (1,043)	$ (693)
Held to maturity, less than 12 months, fair value
Held to Maturity, less than 12 months unrecognized losses
Held to Maturity, 12 months or more, fair value	$ 3,832	$ 3,971
Held to Maturity, 12 months or more, unrecognized losses	(437)	(381)
Held to maturity, total fair value	3,832	3,971
Held to maturity, total unrecognized losses	$ (437)	$ (381)

SECURITIES - Owned pooled trust

SECURITIES - Owned pooled trust preferred securities (Details 4) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Available for Sale other than temporarily impaired
Cumulative OTTI related to credit loss
Trust preferred securities
Security
Par value - security		$ 4,643
Book value - security		4,269
Estimated fair value - security		3,832
Previously recognized cumulative other comprehensive loss	[1]	253
Available for Sale other than temporarily impaired
Par value - Available for Sale other than temporarily impaired		3,650
Book value - Available for Sale other than temporarily impaired		2,590
Estimated fair value - Available for Sale other than temporarily impaired		1,547
Cumulative OTTI related to credit loss	[2]	1,060
Par value		8,293
Book value		6,859
Estimated Fair Value		5,379
Trust preferred securities | ALESCO VII A1B Senior | Rating Of Moody Aaa Fitch AAA When Purchased and Current Moody A1 Fitch A
Security
Par value - security		4,367
Book value - security		3,998
Estimated fair value - security		$ 3,604
% of Current Defaults and Deferrals to Total Collateral - security		13.00%
Previously recognized cumulative other comprehensive loss	[1]	$ 248
Trust preferred securities | MMCF III B Senior Sub | Rating Of Moody A3 Fitch A- When Purchased and Current Moody Ba1 Fitch BB
Security
Par value - security		276
Book value - security		271
Estimated fair value - security		$ 228
% of Current Defaults and Deferrals to Total Collateral - security		32.00%
Previously recognized cumulative other comprehensive loss	[1]	$ 5
Trust preferred securities | TPREF FUNDING II Mezzanine | Rating Of Moody A1 Fitch A- When Purchased and Current Moody Caa3 Fitch C
Available for Sale other than temporarily impaired
Par value - Available for Sale other than temporarily impaired		1,500
Book value - Available for Sale other than temporarily impaired		1,100
Estimated fair value - Available for Sale other than temporarily impaired		$ 510
% of Current Defaults and Deferrals to Total Collateral - Available for Sale other than temporarily impaired		37.00%
Cumulative OTTI related to credit loss	[2]	$ 400
Trust preferred securities | ALESCO V C1 Mezzanine | Rating Of Moody A2 Fitch A When Purchased and Current Moody Caa3 Fitch C
Available for Sale other than temporarily impaired
Par value - Available for Sale other than temporarily impaired		2,150
Book value - Available for Sale other than temporarily impaired		1,490
Estimated fair value - Available for Sale other than temporarily impaired		$ 1,037
% of Current Defaults and Deferrals to Total Collateral - Available for Sale other than temporarily impaired		14.00%
Cumulative OTTI related to credit loss	[2]	$ 660
[1]	Pre-tax, and represents unrealized losses at date of transfer from available-for-sale to held-to-maturity, net of accretion
[2]	Pre-tax

SECURITIES - Roll forward of cr

SECURITIES - Roll forward of credit losses (Details 5) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Amount of cumulative other-than-temporary impairment related to credit loss prior to January 1	$ 1,060	$ 8,949
Amounts related to credit loss for which an other-than-temporary impairment was not previously recognized
Amounts related to credit loss for which an other-than-temporary impairment was previously recognized
Reductions due to realized losses
Amount of cumulative other-than-temporary impairment related to credit loss as of March 31	$ 1,060	$ 8,949

SECURITIES - Changes in accumul

SECURITIES - Changes in accumulated other comprehensive income by component (Details 6) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	$ (610)	$ (3,020)
Other comprehensive income/(loss) before reclassifications	$ (220)	$ 29
Amounts reclassified from accumulated other comprehensive income/(loss)
Net current-period other comprehensive income/(loss)	$ (220)	$ 29
Ending balance	(830)	(2,991)
Unrealized Holding Gains (Losses) on Available for Sale Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(440)	(6)
Other comprehensive income/(loss) before reclassifications	$ (222)	$ 15
Amounts reclassified from accumulated other comprehensive income/(loss)
Net current-period other comprehensive income/(loss)	$ (222)	$ 15
Ending balance	(662)	9
Held to Maturity Securities
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	(170)	(3,014)
Other comprehensive income/(loss) before reclassifications	$ 2	$ 14
Amounts reclassified from accumulated other comprehensive income/(loss)
Net current-period other comprehensive income/(loss)	$ 2	$ 14
Ending balance	$ (168)	$ (3,000)

SECURITIES (Detail Textuals)

SECURITIES (Detail Textuals) - Federal Home Loan Bank of Atlanta - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Securities with a carrying amount pledged to secure public deposits	$ 94.8	$ 89.7
Temporarily impaired securities	$ 10.3

SECURITIES (Detail Textuals 1)

SECURITIES (Detail Textuals 1)	3 Months Ended
	Mar. 31, 2016
Schedule Of Available For Sale and Held To Maturity Securities
Other than temporary impairment performing collateral will default or defer per annum	0.50%
Recoveries ranging	12.00%
Period of no prepayments for security	10 years
Percentage of prepayments for remaining life of the security	1.00%

SECURITIES (Detail Textuals 2)

SECURITIES (Detail Textuals 2) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Trust preferred securities
Schedule Of Available For Sale and Held To Maturity Securities
OTTI charges related to credit

LOANS AND ALLOWANCE FOR LOAN 35

LOANS AND ALLOWANCE FOR LOAN LOSSES - Summary (Details) - USD ($) $ in Thousands		Mar. 31, 2016	Dec. 31, 2015
Accounts Notes And Loans Receivable [Line Items]
Loans, net of deferred fees		$ 861,949	$ 821,004
Total Loans
Accounts Notes And Loans Receivable [Line Items]
Commercial real estate - owner-occupied		138,773	141,521
Commercial real estate - non-owner-occupied		282,464	256,513
Secured by farmland		566	578
Construction and land loan		69,574	67,832
Residential 1-4 family		192,727	178,071
Multi- family residential		31,373	25,501
Home equity lines of credit		33,251	35,177
Total real estate loans		748,728	705,193
Commercial loans		122,939	124,985
Consumer loans		1,118	1,366
Gross loans		872,785	831,544
Less deferred fees on loans		(2,146)	(2,119)
Loans, net of deferred fees		$ 870,639	$ 829,425
Total Loans | Covered loans
Accounts Notes And Loans Receivable [Line Items]
Commercial real estate - owner-occupied	[1]
Commercial real estate - non-owner-occupied	[1]
Secured by farmland	[1]
Construction and land loan	[1]
Residential 1-4 family	[1]	$ 12,689	$ 12,994
Multi- family residential	[1]
Home equity lines of credit	[1]	$ 20,470	$ 21,379
Total real estate loans	[1]	$ 33,159	$ 34,373
Commercial loans	[1]
Consumer loans	[1]
Gross loans	[1]	$ 33,159	$ 34,373
Less deferred fees on loans	[1]
Loans, net of deferred fees	[1]	$ 33,159	$ 34,373
Total Loans | Non-covered Loans
Accounts Notes And Loans Receivable [Line Items]
Commercial real estate - owner-occupied		138,773	141,521
Commercial real estate - non-owner-occupied		282,464	256,513
Secured by farmland		566	578
Construction and land loan		69,574	67,832
Residential 1-4 family		180,038	165,077
Multi- family residential		31,373	25,501
Home equity lines of credit		12,781	13,798
Total real estate loans		715,569	670,820
Commercial loans		122,939	124,985
Consumer loans		1,118	1,366
Gross loans		839,626	797,171
Less deferred fees on loans		(2,146)	(2,119)
Loans, net of deferred fees		$ 837,480	$ 795,052
[1]	Covered Loans were acquired in the Greater Atlantic transaction and are covered under an FDIC loss-share agreement. The agreement covering non-single family loans expired in December 2014.

LOANS AND ALLOWANCE FOR LOAN 36

LOANS AND ALLOWANCE FOR LOAN LOSSES - Impaired loans (Details 1) - Total Loans - USD ($) $ in Thousands		Mar. 31, 2016		Dec. 31, 2015
With no related allowance recorded
With no related allowance recorded - Recorded Investment		$ 8,483		$ 9,796
With no related allowance recorded - Unpaid Principal Balance		9,401		11,157
With an allowance recorded
With an allowance recorded - Recorded Investment		4,813		4,752
With an allowance recorded - Unpaid Principal Balance		4,927		4,866
With an allowance recorded - Allowance for Loan Losses Allocated		827		839
Recorded Investment, Grand total		13,296		14,548
Unpaid Principal Balance, Grand total		14,328		16,023
Related Allowance, Grand total		827		839
Commercial real estate - owner occupied
With no related allowance recorded
With no related allowance recorded - Recorded Investment		5,027		6,492
With no related allowance recorded - Unpaid Principal Balance		5,027		6,986
With an allowance recorded
With an allowance recorded - Recorded Investment		1,355		1,370
With an allowance recorded - Unpaid Principal Balance		1,469		1,484
With an allowance recorded - Allowance for Loan Losses Allocated		427		439
Commercial real estate - non-owner occupied
With no related allowance recorded
With no related allowance recorded - Recorded Investment	[1]	135		136
With no related allowance recorded - Unpaid Principal Balance	[1]	$ 228		$ 230
With an allowance recorded
With an allowance recorded - Recorded Investment	[1]
With an allowance recorded - Unpaid Principal Balance	[1]
With an allowance recorded - Allowance for Loan Losses Allocated	[1]
Construction and land development
With no related allowance recorded
With no related allowance recorded - Recorded Investment
With no related allowance recorded - Unpaid Principal Balance
With an allowance recorded
With an allowance recorded - Recorded Investment
With an allowance recorded - Unpaid Principal Balance
With an allowance recorded - Allowance for Loan Losses Allocated
Commercial loans
With no related allowance recorded
With no related allowance recorded - Recorded Investment		$ 2,272		$ 2,102
With no related allowance recorded - Unpaid Principal Balance		2,925		2,698
With an allowance recorded
With an allowance recorded - Recorded Investment		3,458		3,382
With an allowance recorded - Unpaid Principal Balance		3,458		3,382
With an allowance recorded - Allowance for Loan Losses Allocated		400		400
Residential 1-4 family
With no related allowance recorded
With no related allowance recorded - Recorded Investment	[2]	1,049		1,066
With no related allowance recorded - Unpaid Principal Balance	[2]	$ 1,221		$ 1,243
With an allowance recorded
With an allowance recorded - Recorded Investment	[2]
With an allowance recorded - Unpaid Principal Balance	[2]
With an allowance recorded - Allowance for Loan Losses Allocated	[2]
Other consumer loans
With no related allowance recorded
With no related allowance recorded - Recorded Investment
With no related allowance recorded - Unpaid Principal Balance
With an allowance recorded
With an allowance recorded - Recorded Investment
With an allowance recorded - Unpaid Principal Balance
With an allowance recorded - Allowance for Loan Losses Allocated
Covered loans
With no related allowance recorded
With no related allowance recorded - Recorded Investment		$ 1,049		$ 1,066
With no related allowance recorded - Unpaid Principal Balance		$ 1,221		$ 1,243
With an allowance recorded
With an allowance recorded - Recorded Investment
With an allowance recorded - Unpaid Principal Balance
With an allowance recorded - Allowance for Loan Losses Allocated
Recorded Investment, Grand total		$ 1,049		$ 1,066
Unpaid Principal Balance, Grand total		$ 1,221		$ 1,243
Related Allowance, Grand total
Covered loans | Commercial real estate - owner occupied
With no related allowance recorded
With no related allowance recorded - Recorded Investment
With no related allowance recorded - Unpaid Principal Balance
With an allowance recorded
With an allowance recorded - Recorded Investment
With an allowance recorded - Unpaid Principal Balance
With an allowance recorded - Allowance for Loan Losses Allocated
Covered loans | Commercial real estate - non-owner occupied
With no related allowance recorded
With no related allowance recorded - Recorded Investment	[1]
With no related allowance recorded - Unpaid Principal Balance	[1]
With an allowance recorded
With an allowance recorded - Recorded Investment	[1]
With an allowance recorded - Unpaid Principal Balance	[1]
With an allowance recorded - Allowance for Loan Losses Allocated	[1]
Covered loans | Construction and land development
With no related allowance recorded
With no related allowance recorded - Recorded Investment
With no related allowance recorded - Unpaid Principal Balance
With an allowance recorded
With an allowance recorded - Recorded Investment
With an allowance recorded - Unpaid Principal Balance
With an allowance recorded - Allowance for Loan Losses Allocated
Covered loans | Commercial loans
With no related allowance recorded
With no related allowance recorded - Recorded Investment
With no related allowance recorded - Unpaid Principal Balance
With an allowance recorded
With an allowance recorded - Recorded Investment
With an allowance recorded - Unpaid Principal Balance
With an allowance recorded - Allowance for Loan Losses Allocated
Covered loans | Residential 1-4 family
With no related allowance recorded
With no related allowance recorded - Recorded Investment	[2]	$ 1,049		$ 1,066
With no related allowance recorded - Unpaid Principal Balance	[2]	$ 1,221		$ 1,243
With an allowance recorded
With an allowance recorded - Recorded Investment	[2]
With an allowance recorded - Unpaid Principal Balance	[2]
With an allowance recorded - Allowance for Loan Losses Allocated	[2]
Covered loans | Other consumer loans
With no related allowance recorded
With no related allowance recorded - Recorded Investment
With no related allowance recorded - Unpaid Principal Balance
With an allowance recorded
With an allowance recorded - Recorded Investment
With an allowance recorded - Unpaid Principal Balance
With an allowance recorded - Allowance for Loan Losses Allocated
Non-covered Loans
With no related allowance recorded
With no related allowance recorded - Recorded Investment		$ 7,434	[3]	$ 8,730
With no related allowance recorded - Unpaid Principal Balance		8,180		9,914
With an allowance recorded
With an allowance recorded - Recorded Investment		4,813	[3]	4,752
With an allowance recorded - Unpaid Principal Balance		4,927		4,866
With an allowance recorded - Allowance for Loan Losses Allocated		827		839
Recorded Investment, Grand total		12,247	[3]	13,482
Unpaid Principal Balance, Grand total		13,107		14,780
Related Allowance, Grand total		827		839
Non-covered Loans | Commercial real estate - owner occupied
With no related allowance recorded
With no related allowance recorded - Recorded Investment		5,027	[3]	6,492
With no related allowance recorded - Unpaid Principal Balance		5,027		6,986
With an allowance recorded
With an allowance recorded - Recorded Investment		1,355	[3]	1,370
With an allowance recorded - Unpaid Principal Balance		1,469		1,484
With an allowance recorded - Allowance for Loan Losses Allocated		427		439
Non-covered Loans | Commercial real estate - non-owner occupied
With no related allowance recorded
With no related allowance recorded - Recorded Investment	[1]	135	[3]	136	[4]
With no related allowance recorded - Unpaid Principal Balance	[1]	$ 228		$ 230
With an allowance recorded
With an allowance recorded - Recorded Investment	[1]		[3]
With an allowance recorded - Unpaid Principal Balance	[1]
With an allowance recorded - Allowance for Loan Losses Allocated	[1]
Non-covered Loans | Construction and land development
With no related allowance recorded
With no related allowance recorded - Recorded Investment			[3]
With no related allowance recorded - Unpaid Principal Balance
With an allowance recorded
With an allowance recorded - Recorded Investment			[3]
With an allowance recorded - Unpaid Principal Balance
With an allowance recorded - Allowance for Loan Losses Allocated
Non-covered Loans | Commercial loans
With no related allowance recorded
With no related allowance recorded - Recorded Investment		$ 2,272	[3]	$ 2,102
With no related allowance recorded - Unpaid Principal Balance		2,925		2,698
With an allowance recorded
With an allowance recorded - Recorded Investment		3,458	[3]	3,382
With an allowance recorded - Unpaid Principal Balance		3,458		3,382
With an allowance recorded - Allowance for Loan Losses Allocated		$ 400		$ 400
Non-covered Loans | Residential 1-4 family
With no related allowance recorded
With no related allowance recorded - Recorded Investment	[2]		[3]
With no related allowance recorded - Unpaid Principal Balance	[2]
With an allowance recorded
With an allowance recorded - Recorded Investment	[2]		[3]
With an allowance recorded - Unpaid Principal Balance	[2]
With an allowance recorded - Allowance for Loan Losses Allocated	[2]
Non-covered Loans | Other consumer loans
With no related allowance recorded
With no related allowance recorded - Recorded Investment			[3]
With no related allowance recorded - Unpaid Principal Balance
With an allowance recorded
With an allowance recorded - Recorded Investment			[3]
With an allowance recorded - Unpaid Principal Balance
With an allowance recorded - Allowance for Loan Losses Allocated
[1]	Includes loans secured by farmland and multi-family residential loans.
[2]	Includes home equity lines of credit.
[3]	Recorded investment is after cumulative prior charge offs of $753 thousand. These loans also have aggregate SBA guarantees of $2.3 million.
[4]	Recorded investment is after cumulative prior charge offs of $1.2 million. These loans also have aggregate SBA guarantees of $3.5 million.

LOANS AND ALLOWANCE FOR LOAN 37

LOANS AND ALLOWANCE FOR LOAN LOSSES - Average recorded investment and interest income for impaired loans (Details 2) - Total Loans - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016		Mar. 31, 2015
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment		$ 8,182		$ 12,736
With no related allowance recorded, Interest Income Recognized		84		176
With an allowance recorded
With an allowance recorded, Average Recorded Investment		4,777		11,621
With an allowance recorded, Interest Income Recognized		63		111
Average Recorded Investment, Grand total		12,959		24,357
Interest Income Recognized, Grand total		147		287
Commercial real estate - owner occupied
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment		5,041		5,122
With no related allowance recorded, Interest Income Recognized		73		74
With an allowance recorded
With an allowance recorded, Average Recorded Investment		1,364		6,837
With an allowance recorded, Interest Income Recognized		10		90
Commercial real estate - non-owner occupied
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment		135	[1]	1,851
With no related allowance recorded, Interest Income Recognized		$ 3	[1]	$ 29
With an allowance recorded
With an allowance recorded, Average Recorded Investment			[1]
With an allowance recorded, Interest Income Recognized			[1]
Construction and land development
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment				$ 450
With no related allowance recorded, Interest Income Recognized				$ 9
With an allowance recorded
With an allowance recorded, Average Recorded Investment
With an allowance recorded, Interest Income Recognized
Commercial loans
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment		$ 2,020		$ 3,655
With no related allowance recorded, Interest Income Recognized				53
With an allowance recorded
With an allowance recorded, Average Recorded Investment		$ 3,413		4,050
With an allowance recorded, Interest Income Recognized		53		21
Residential 1-4 family
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment		986	[2]	1,658
With no related allowance recorded, Interest Income Recognized		$ 8	[2]	11
With an allowance recorded
With an allowance recorded, Average Recorded Investment			[2]	$ 734
With an allowance recorded, Interest Income Recognized			[2]
Other consumer loans
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment
With no related allowance recorded, Interest Income Recognized
With an allowance recorded
With an allowance recorded, Average Recorded Investment
With an allowance recorded, Interest Income Recognized
Covered loans
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment		$ 986		$ 1,658
With no related allowance recorded, Interest Income Recognized		$ 8		$ 11
With an allowance recorded
With an allowance recorded, Average Recorded Investment
With an allowance recorded, Interest Income Recognized
Average Recorded Investment, Grand total		$ 986		$ 1,658
Interest Income Recognized, Grand total		$ 8		$ 11
Covered loans | Commercial real estate - owner occupied
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment
With no related allowance recorded, Interest Income Recognized
With an allowance recorded
With an allowance recorded, Average Recorded Investment
With an allowance recorded, Interest Income Recognized
Covered loans | Commercial real estate - non-owner occupied
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment	[1]
With no related allowance recorded, Interest Income Recognized	[1]
With an allowance recorded
With an allowance recorded, Average Recorded Investment	[1]
With an allowance recorded, Interest Income Recognized	[1]
Covered loans | Construction and land development
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment
With no related allowance recorded, Interest Income Recognized
With an allowance recorded
With an allowance recorded, Average Recorded Investment
With an allowance recorded, Interest Income Recognized
Covered loans | Commercial loans
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment
With no related allowance recorded, Interest Income Recognized
With an allowance recorded
With an allowance recorded, Average Recorded Investment
With an allowance recorded, Interest Income Recognized
Covered loans | Residential 1-4 family
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment	[2]	$ 986		$ 1,658
With no related allowance recorded, Interest Income Recognized	[2]	$ 8		$ 11
With an allowance recorded
With an allowance recorded, Average Recorded Investment	[2]
With an allowance recorded, Interest Income Recognized	[2]
Covered loans | Other consumer loans
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment
With no related allowance recorded, Interest Income Recognized
With an allowance recorded
With an allowance recorded, Average Recorded Investment
With an allowance recorded, Interest Income Recognized
Non-covered Loans
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment		$ 7,196		$ 11,078
With no related allowance recorded, Interest Income Recognized		76		165
With an allowance recorded
With an allowance recorded, Average Recorded Investment		4,777		11,621
With an allowance recorded, Interest Income Recognized		63		111
Average Recorded Investment, Grand total		11,973		22,699
Interest Income Recognized, Grand total		139		276
Non-covered Loans | Commercial real estate - owner occupied
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment		5,041		5,122
With no related allowance recorded, Interest Income Recognized		73		74
With an allowance recorded
With an allowance recorded, Average Recorded Investment		1,364		6,837
With an allowance recorded, Interest Income Recognized		10		90
Non-covered Loans | Commercial real estate - non-owner occupied
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment	[1]	135		1,851
With no related allowance recorded, Interest Income Recognized	[1]	$ 3		$ 29
With an allowance recorded
With an allowance recorded, Average Recorded Investment	[1]
With an allowance recorded, Interest Income Recognized	[1]
Non-covered Loans | Construction and land development
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment				$ 450
With no related allowance recorded, Interest Income Recognized				$ 9
With an allowance recorded
With an allowance recorded, Average Recorded Investment
With an allowance recorded, Interest Income Recognized
Non-covered Loans | Commercial loans
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment		$ 2,020		$ 3,655
With no related allowance recorded, Interest Income Recognized				53
With an allowance recorded
With an allowance recorded, Average Recorded Investment		$ 3,413		4,050
With an allowance recorded, Interest Income Recognized		$ 53		$ 21
Non-covered Loans | Residential 1-4 family
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment	[2]
With no related allowance recorded, Interest Income Recognized	[2]
With an allowance recorded
With an allowance recorded, Average Recorded Investment	[2]			$ 734
With an allowance recorded, Interest Income Recognized	[2]
Non-covered Loans | Other consumer loans
With no related allowance recorded
With no related allowance recorded, Average Recorded Investment
With no related allowance recorded, Interest Income Recognized
With an allowance recorded
With an allowance recorded, Average Recorded Investment
With an allowance recorded, Interest Income Recognized
[1]	Includes loans secured by farmland and multi-family residential loans.
[2]	Includes home equity lines of credit.

LOANS AND ALLOWANCE FOR LOAN 38

LOANS AND ALLOWANCE FOR LOAN LOSSES - Aging of recorded investment (Details 3) - Total Loans - USD ($) $ in Thousands		Mar. 31, 2016	Dec. 31, 2015
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due		$ 426	$ 1,076
Recorded investment, Nonaccrual Loans		3,544	4,871
Recorded Investment, Loans Not Past Due		868,815	825,597
Total Loans		872,785	831,544
30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due		$ 426	1,033
60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due			$ 43
90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Commercial real estate - owner occupied
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due			$ 561
Recorded investment, Nonaccrual Loans		$ 632	2,071
Recorded Investment, Loans Not Past Due		138,141	138,889
Total Loans		$ 138,773	141,521
Commercial real estate - owner occupied | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due			$ 561
Commercial real estate - owner occupied | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Commercial real estate - owner occupied | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Commercial real estate - non-owner occupied
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[1]
Recorded investment, Nonaccrual Loans	[1]
Recorded Investment, Loans Not Past Due	[1]	$ 314,403	$ 282,592
Total Loans	[1]	$ 314,403	$ 282,592
Commercial real estate - non-owner occupied | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[1]
Commercial real estate - non-owner occupied | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[1]
Commercial real estate - non-owner occupied | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[1]
Construction and land development
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Recorded investment, Nonaccrual Loans
Recorded Investment, Loans Not Past Due		$ 69,574	$ 67,832
Total Loans		$ 69,574	$ 67,832
Construction and land development | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Construction and land development | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Construction and land development | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Commercial loans
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due		$ 321	$ 267
Recorded investment, Nonaccrual Loans		2,272	2,102
Recorded Investment, Loans Not Past Due		120,346	122,616
Total Loans		122,939	124,985
Commercial loans | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due		$ 321	$ 267
Commercial loans | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Commercial loans | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Residential 1-4 family
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[2]	$ 105	$ 247
Recorded investment, Nonaccrual Loans	[2]	640	698
Recorded Investment, Loans Not Past Due	[2]	225,233	212,303
Total Loans	[2]	225,978	213,248
Residential 1-4 family | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[2]	$ 105	204
Residential 1-4 family | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[2]		$ 43
Residential 1-4 family | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[2]
Other consumer loans
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due			$ 1
Recorded investment, Nonaccrual Loans
Recorded Investment, Loans Not Past Due		$ 1,118	$ 1,365
Total Loans		$ 1,118	1,366
Other consumer loans | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due			$ 1
Other consumer loans | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Other consumer loans | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Covered loans
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due		$ 43	$ 162
Recorded investment, Nonaccrual Loans		640	698
Recorded Investment, Loans Not Past Due		32,476	33,513
Total Loans	[3]	33,159	34,373
Covered loans | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due		$ 43	119
Covered loans | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due			$ 43
Covered loans | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Covered loans | Commercial real estate - owner occupied
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Recorded investment, Nonaccrual Loans
Recorded Investment, Loans Not Past Due
Total Loans
Covered loans | Commercial real estate - owner occupied | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Covered loans | Commercial real estate - owner occupied | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Covered loans | Commercial real estate - owner occupied | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Covered loans | Commercial real estate - non-owner occupied
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[1]
Recorded investment, Nonaccrual Loans	[1]
Recorded Investment, Loans Not Past Due	[1]
Total Loans	[1]
Covered loans | Commercial real estate - non-owner occupied | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[1]
Covered loans | Commercial real estate - non-owner occupied | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[1]
Covered loans | Commercial real estate - non-owner occupied | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[1]
Covered loans | Construction and land development
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Recorded investment, Nonaccrual Loans
Recorded Investment, Loans Not Past Due
Total Loans
Covered loans | Construction and land development | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Covered loans | Construction and land development | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Covered loans | Construction and land development | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Covered loans | Commercial loans
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Recorded investment, Nonaccrual Loans
Recorded Investment, Loans Not Past Due
Total Loans
Covered loans | Commercial loans | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Covered loans | Commercial loans | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Covered loans | Commercial loans | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Covered loans | Residential 1-4 family
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[2]	$ 43	$ 162
Recorded investment, Nonaccrual Loans	[2]	640	698
Recorded Investment, Loans Not Past Due	[2]	32,476	33,513
Total Loans	[2]	33,159	34,373
Covered loans | Residential 1-4 family | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[2]	$ 43	119
Covered loans | Residential 1-4 family | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[2]		$ 43
Covered loans | Residential 1-4 family | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[2]
Covered loans | Other consumer loans
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Recorded investment, Nonaccrual Loans
Recorded Investment, Loans Not Past Due
Total Loans
Covered loans | Other consumer loans | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Covered loans | Other consumer loans | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Covered loans | Other consumer loans | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Non-covered Loans
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due		$ 383	$ 914
Recorded investment, Nonaccrual Loans		2,904	4,173
Recorded Investment, Loans Not Past Due		836,339	792,084
Total Loans		839,626	797,171
Non-covered Loans | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due		$ 383	$ 914
Non-covered Loans | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Non-covered Loans | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Non-covered Loans | Commercial real estate - owner occupied
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due			$ 561
Recorded investment, Nonaccrual Loans		$ 632	2,071
Recorded Investment, Loans Not Past Due		138,141	138,889
Total Loans		$ 138,773	141,521
Non-covered Loans | Commercial real estate - owner occupied | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due			$ 561
Non-covered Loans | Commercial real estate - owner occupied | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Non-covered Loans | Commercial real estate - owner occupied | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Non-covered Loans | Commercial real estate - non-owner occupied
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[1]
Recorded investment, Nonaccrual Loans	[1]
Recorded Investment, Loans Not Past Due	[1]	$ 314,403	$ 282,592
Total Loans	[1]	$ 314,403	$ 282,592
Non-covered Loans | Commercial real estate - non-owner occupied | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[1]
Non-covered Loans | Commercial real estate - non-owner occupied | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[1]
Non-covered Loans | Commercial real estate - non-owner occupied | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[1]
Non-covered Loans | Construction and land development
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Recorded investment, Nonaccrual Loans
Recorded Investment, Loans Not Past Due		$ 69,574	$ 67,832
Total Loans		$ 69,574	$ 67,832
Non-covered Loans | Construction and land development | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Non-covered Loans | Construction and land development | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Non-covered Loans | Construction and land development | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Non-covered Loans | Commercial loans
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due		$ 321	$ 267
Recorded investment, Nonaccrual Loans		2,272	2,102
Recorded Investment, Loans Not Past Due		120,346	122,616
Total Loans		122,939	124,985
Non-covered Loans | Commercial loans | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due		$ 321	$ 267
Non-covered Loans | Commercial loans | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Non-covered Loans | Commercial loans | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Non-covered Loans | Residential 1-4 family
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[2]	$ 62	$ 85
Recorded investment, Nonaccrual Loans	[2]
Recorded Investment, Loans Not Past Due	[2]	$ 192,757	$ 178,790
Total Loans	[2]	192,819	178,875
Non-covered Loans | Residential 1-4 family | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[2]	$ 62	$ 85
Non-covered Loans | Residential 1-4 family | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[2]
Non-covered Loans | Residential 1-4 family | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due	[2]
Non-covered Loans | Other consumer loans
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due			$ 1
Recorded investment, Nonaccrual Loans
Recorded Investment, Loans Not Past Due		$ 1,118	$ 1,365
Total Loans		$ 1,118	1,366
Non-covered Loans | Other consumer loans | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due			$ 1
Non-covered Loans | Other consumer loans | 60 - 89 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
Non-covered Loans | Other consumer loans | 90 Days or More
Accounts Notes And Loans Receivable [Line Items]
Recorded Investment, Total Past Due
[1]	Includes loans secured by farmland and multi-family residential loans.
[2]	Includes home equity lines of credit.
[3]	Covered Loans were acquired in the Greater Atlantic transaction and are covered under an FDIC loss-share agreement. The agreement covering non-single family loans expired in December 2014.

LOANS AND ALLOWANCE FOR LOAN 39

LOANS AND ALLOWANCE FOR LOAN LOSSES - Allowance for loan and lease losses (Details 4) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Allowance for loan losses:
Beginning balance		$ 8,421
Provision		625	$ 525
Ending balance		8,690
Total Loans
Allowance for loan losses:
Beginning balance		839
Ending balance		827
Total Loans | Non-covered Loans
Allowance for loan losses:
Beginning balance		8,421	7,393
Charge offs		(367)	(355)
Recoveries		11	157
Provision		625	525
Ending balance		8,690	7,720
Total Loans | Commercial real estate - owner occupied | Non-covered Loans
Allowance for loan losses:
Beginning balance		$ 1,185	$ 855
Charge offs
Recoveries			$ 1
Provision		$ 66	568
Ending balance		1,251	1,424
Total Loans | Commercial Real Estate Non-owner Occupied | Non-covered Loans
Allowance for loan losses:
Beginning balance	[1]	$ 1,222	$ 1,123
Charge offs	[1]
Recoveries	[1]		$ 6
Provision	[1]	$ 331	59
Ending balance	[1]	1,553	1,188
Total Loans | Construction and Land Loans | Non-covered Loans
Allowance for loan losses:
Beginning balance		$ 865	$ 1,644
Charge offs
Recoveries			$ 139
Provision		$ (149)	(432)
Ending balance		716	1,351
Total Loans | Commercial loans | Non-covered Loans
Allowance for loan losses:
Beginning balance		3,041	2,063
Charge offs		(114)	(353)
Recoveries		8	9
Provision		(43)	330
Ending balance		2,892	2,049
Total Loans | 1-4 Family Residential | Non-covered Loans
Allowance for loan losses:
Beginning balance	[2]	$ 1,408	$ 1,322
Charge offs	[2]
Recoveries	[2]	$ 2	$ 2
Provision	[2]	146	(109)
Ending balance	[2]	1,556	1,215
Total Loans | Other consumer loans | Non-covered Loans
Allowance for loan losses:
Beginning balance		48	49
Charge offs		(253)	$ (2)
Recoveries		1
Provision		286	$ (4)
Ending balance		82	43
Total Loans | Unallocated | Non-covered Loans
Allowance for loan losses:
Beginning balance		$ 652	$ 337
Charge offs
Recoveries
Provision		$ (12)	$ 113
Ending balance		$ 640	$ 450
[1]	Includes loans secured by farmland and multi-family residential loans.
[2]	Includes home equity lines of credit.

LOANS AND ALLOWANCE FOR LOAN 40

LOANS AND ALLOWANCE FOR LOAN LOSSES - Activity in allowance for covered loan and lease losses by class of loan (Details 5) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Allowance for loan losses:
Beginning balance		$ 8,421
Provision		625	$ 525
Ending balance		8,690
Loans Receivable
Allowance for loan losses:
Beginning balance		839
Ending balance		$ 827
Loans Receivable | Covered loans
Allowance for loan losses:
Beginning balance			$ 21
Charge offs
Recoveries
Adjustments	[1]
Provision
Ending balance			$ 21
Loans Receivable | Commercial real estate - owner occupied | Covered loans
Allowance for loan losses:
Beginning balance
Charge offs
Recoveries
Adjustments	[1]
Provision
Ending balance
Loans Receivable | Commercial Real Estate Non-owner Occupied | Covered loans
Allowance for loan losses:
Beginning balance	[2]
Charge offs	[2]
Recoveries	[2]
Adjustments	[1],[2]
Provision	[2]
Ending balance	[2]
Loans Receivable | Construction and Land Loans | Covered loans
Allowance for loan losses:
Beginning balance
Charge offs
Recoveries
Adjustments	[1]
Provision
Ending balance
Loans Receivable | Commercial loans | Covered loans
Allowance for loan losses:
Beginning balance
Charge offs
Recoveries
Adjustments	[1]
Provision
Ending balance
Loans Receivable | 1-4 Family Residential | Covered loans
Allowance for loan losses:
Beginning balance	[3]		$ 17
Charge offs	[3]
Recoveries	[3]
Adjustments	[1],[3]
Provision	[3]
Ending balance	[3]		$ 17
Loans Receivable | Other consumer loans | Covered loans
Allowance for loan losses:
Beginning balance			$ 4
Charge offs
Recoveries
Adjustments	[1]
Provision
Ending balance			$ 4
Loans Receivable | Unallocated | Covered loans
Allowance for loan losses:
Beginning balance
Charge offs
Recoveries
Adjustments	[1]
Provision
Ending balance
[1]	Represents the portion of increased expected losses which is covered by the loss sharing agreement with the FDIC.
[2]	Includes loans secured by farmland and multi-family residential loans.
[3]	Includes home equity lines of credit.

LOANS AND ALLOWANCE FOR LOAN 41

LOANS AND ALLOWANCE FOR LOAN LOSSES -Allowance for loan losses and recorded investment in non covered loans by portfolio segment (Details 6) - USD ($) $ in Thousands		Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Ending allowance balance attributable to loans:
Total ending allowance		$ 8,690	$ 8,421
Total Loans
Ending allowance balance attributable to loans:
Total ending allowance		827	839
Loans:
Total ending loan balances		872,785	831,544
Total Loans | Commercial real estate - owner occupied
Loans:
Total ending loan balances		138,773	141,521
Total Loans | Commercial real estate - non-owner occupied
Loans:
Total ending loan balances	[1]	314,403	282,592
Total Loans | Construction and land development
Loans:
Total ending loan balances		69,574	67,832
Total Loans | Commercial loans
Loans:
Total ending loan balances		122,939	124,985
Total Loans | 1-4 Family Residential
Loans:
Total ending loan balances	[2]	225,978	213,248
Total Loans | Other consumer loans
Loans:
Total ending loan balances		1,118	1,366
Total Loans | Non-covered Loans
Ending allowance balance attributable to loans:
Individually evaluated for impairment		827	839
Collectively evaluated for impairment		7,863	7,582
Total ending allowance		8,690	8,421	$ 7,720	$ 7,393
Loans:
Individually evaluated for impairment		12,247	13,482
Collectively evaluated for impairment		827,379	783,689
Total ending loan balances		839,626	797,171
Total Loans | Non-covered Loans | Commercial real estate - owner occupied
Ending allowance balance attributable to loans:
Individually evaluated for impairment		427	439
Collectively evaluated for impairment		824	746
Total ending allowance		1,251	1,185	1,424	855
Loans:
Individually evaluated for impairment		6,382	7,862
Collectively evaluated for impairment		132,391	133,659
Total ending loan balances		$ 138,773	$ 141,521
Total Loans | Non-covered Loans | Commercial real estate - non-owner occupied
Ending allowance balance attributable to loans:
Individually evaluated for impairment	[1]
Collectively evaluated for impairment	[1]	$ 1,553	$ 1,222
Total ending allowance	[1]	1,553	1,222	1,188	1,123
Loans:
Individually evaluated for impairment	[1]	135	136
Collectively evaluated for impairment	[1]	314,268	282,456
Total ending loan balances	[1]	$ 314,403	$ 282,592
Total Loans | Non-covered Loans | Construction and land development
Ending allowance balance attributable to loans:
Individually evaluated for impairment
Collectively evaluated for impairment		$ 716	$ 865
Total ending allowance		$ 716	$ 865	1,351	1,644
Loans:
Individually evaluated for impairment
Collectively evaluated for impairment		$ 69,574	$ 67,832
Total ending loan balances		69,574	67,832
Total Loans | Non-covered Loans | Commercial loans
Ending allowance balance attributable to loans:
Individually evaluated for impairment		400	400
Collectively evaluated for impairment		2,492	2,641
Total ending allowance		2,892	3,041	2,049	2,063
Loans:
Individually evaluated for impairment		5,730	5,484
Collectively evaluated for impairment		117,209	119,501
Total ending loan balances		$ 122,939	$ 124,985
Total Loans | Non-covered Loans | 1-4 Family Residential
Ending allowance balance attributable to loans:
Individually evaluated for impairment	[2]
Collectively evaluated for impairment	[2]	$ 1,556	$ 1,408
Total ending allowance	[2]	$ 1,556	$ 1,408	1,215	1,322
Loans:
Individually evaluated for impairment	[2]
Collectively evaluated for impairment	[2]	$ 192,819	$ 178,875
Total ending loan balances	[2]	$ 192,819	$ 178,875
Total Loans | Non-covered Loans | Other consumer loans
Ending allowance balance attributable to loans:
Individually evaluated for impairment
Collectively evaluated for impairment		$ 82	$ 48
Total ending allowance		$ 82	$ 48	43	49
Loans:
Individually evaluated for impairment
Collectively evaluated for impairment		$ 1,118	$ 1,366
Total ending loan balances		$ 1,118	$ 1,366
Total Loans | Non-covered Loans | Unallocated
Ending allowance balance attributable to loans:
Individually evaluated for impairment
Collectively evaluated for impairment		$ 640	$ 652
Total ending allowance		$ 640	$ 652	$ 450	$ 337
Loans:
Individually evaluated for impairment
Collectively evaluated for impairment
Total ending loan balances
[1]	Includes loans secured by farmland and multi-family residential loans.
[2]	Includes home equity lines of credit.

LOANS AND ALLOWANCE FOR LOAN 42

LOANS AND ALLOWANCE FOR LOAN LOSSES - Balance in allowance for covered loan losses and recorded investment in covered loans by portfolio segment and based on impairment method (Details 7) - USD ($) $ in Thousands		Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Ending allowance balance attributable to loans:
Allowances for loan losses		$ 8,690	$ 8,421
Loans Receivable
Ending allowance balance attributable to loans:
Allowances for loan losses		827	839
Loans:
Total loans		872,785	831,544
Loans Receivable | Commercial real estate - owner occupied
Loans:
Total loans		138,773	141,521
Loans Receivable | Commercial real estate - non-owner occupied
Loans:
Total loans	[1]	314,403	282,592
Loans Receivable | Construction and land development
Loans:
Total loans		69,574	67,832
Loans Receivable | Commercial loans
Loans:
Total loans		122,939	124,985
Loans Receivable | Residential 1-4 family
Loans:
Total loans	[2]	225,978	213,248
Loans Receivable | Other consumer loans
Loans:
Total loans		$ 1,118	$ 1,366
Loans Receivable | Covered loans
Ending allowance balance attributable to loans:
Individually evaluated for impairment
Collectively evaluated for impairment
Allowances for loan losses				$ 21	$ 21
Loans:
Individually evaluated for impairment		$ 1,049	$ 1,066
Collectively evaluated for impairment		32,110	33,307
Total loans	[3]	$ 33,159	$ 34,373
Loans Receivable | Covered loans | Commercial real estate - owner occupied
Ending allowance balance attributable to loans:
Individually evaluated for impairment
Collectively evaluated for impairment
Allowances for loan losses
Loans:
Individually evaluated for impairment
Collectively evaluated for impairment
Total loans
Loans Receivable | Covered loans | Commercial real estate - non-owner occupied
Ending allowance balance attributable to loans:
Individually evaluated for impairment	[1]
Collectively evaluated for impairment	[1]
Allowances for loan losses	[1]
Loans:
Individually evaluated for impairment	[1]
Collectively evaluated for impairment	[1]
Total loans	[1]
Loans Receivable | Covered loans | Construction and land development
Ending allowance balance attributable to loans:
Individually evaluated for impairment
Collectively evaluated for impairment
Allowances for loan losses
Loans:
Individually evaluated for impairment
Collectively evaluated for impairment
Total loans
Loans Receivable | Covered loans | Commercial loans
Ending allowance balance attributable to loans:
Individually evaluated for impairment
Collectively evaluated for impairment
Allowances for loan losses
Loans:
Individually evaluated for impairment
Collectively evaluated for impairment
Total loans
Loans Receivable | Covered loans | Residential 1-4 family
Ending allowance balance attributable to loans:
Individually evaluated for impairment	[2]
Collectively evaluated for impairment	[2]
Allowances for loan losses	[2]			$ 17	$ 17
Loans:
Individually evaluated for impairment	[2]	$ 1,049	$ 1,066
Collectively evaluated for impairment	[2]	32,110	33,307
Total loans	[2]	$ 33,159	$ 34,373
Loans Receivable | Covered loans | Other consumer loans
Ending allowance balance attributable to loans:
Individually evaluated for impairment
Collectively evaluated for impairment
Allowances for loan losses				$ 4	$ 4
Loans:
Individually evaluated for impairment
Collectively evaluated for impairment
Total loans
Loans Receivable | Covered loans | Unallocated
Ending allowance balance attributable to loans:
Individually evaluated for impairment
Collectively evaluated for impairment
Allowances for loan losses
Loans:
Individually evaluated for impairment
Collectively evaluated for impairment
Total loans
[1]	Includes loans secured by farmland and multi-family residential loans.
[2]	Includes home equity lines of credit.
[3]	Covered Loans were acquired in the Greater Atlantic transaction and are covered under an FDIC loss-share agreement. The agreement covering non-single family loans expired in December 2014.

LOANS AND ALLOWANCE FOR LOAN 43

LOANS AND ALLOWANCE FOR LOAN LOSSES - Risk category of loans by class of loans (Details 8) - Total Loans - USD ($) $ in Thousands		Mar. 31, 2016	Dec. 31, 2015
Accounts Notes And Loans Receivable [Line Items]
Commercial real estate - owner-occupied		$ 138,773	$ 141,521
Commercial real estate - non-owner occupied	[1]	314,403	282,592
Construction and land loan		69,574	67,832
Commercial loans		122,939	124,985
Residential 1-4 family	[2]	225,978	213,248
Consumer loans		1,118	1,366
Total loans		872,785	831,544
Classified/Criticized
Accounts Notes And Loans Receivable [Line Items]
Commercial real estate - owner-occupied		10,011	11,528
Commercial real estate - non-owner occupied	[1]	$ 135	136
Construction and land loan			552
Commercial loans		$ 9,723	9,498
Residential 1-4 family	[2]	$ 1,049	$ 1,066
Consumer loans
Total loans		$ 20,918	$ 22,780
Pass
Accounts Notes And Loans Receivable [Line Items]
Commercial real estate - owner-occupied		128,762	129,993
Commercial real estate - non-owner occupied	[1]	314,268	282,456
Construction and land loan		69,574	67,280
Commercial loans		113,216	115,487
Residential 1-4 family	[2]	224,929	212,182
Consumer loans		1,118	1,366
Total loans		$ 851,867	$ 808,764
Covered loans
Accounts Notes And Loans Receivable [Line Items]
Commercial real estate - owner-occupied	[3]
Commercial real estate - non-owner occupied	[1],[3]
Construction and land loan	[3]
Commercial loans	[3]
Residential 1-4 family	[2],[3]	$ 33,159	$ 34,373
Consumer loans	[3]
Total loans	[3]	$ 33,159	$ 34,373
Covered loans | Classified/Criticized
Accounts Notes And Loans Receivable [Line Items]
Commercial real estate - owner-occupied	[4]
Commercial real estate - non-owner occupied	[1],[4]
Construction and land loan	[4]
Commercial loans	[4]
Residential 1-4 family	[2],[4]	$ 1,049	$ 1,066
Consumer loans	[4]
Total loans	[4]	$ 1,049	$ 1,066
Covered loans | Pass
Accounts Notes And Loans Receivable [Line Items]
Commercial real estate - owner-occupied
Commercial real estate - non-owner occupied	[1]
Construction and land loan
Commercial loans
Residential 1-4 family	[2]	$ 32,110	$ 33,307
Consumer loans
Total loans		$ 32,110	$ 33,307
Non-covered Loans
Accounts Notes And Loans Receivable [Line Items]
Commercial real estate - owner-occupied		138,773	141,521
Commercial real estate - non-owner occupied	[1]	314,403	282,592
Construction and land loan		69,574	67,832
Commercial loans		122,939	124,985
Residential 1-4 family	[2]	192,819	178,875
Consumer loans		1,118	1,366
Total loans		839,626	797,171
Non-covered Loans | Special Mention
Accounts Notes And Loans Receivable [Line Items]
Commercial real estate - owner-occupied		$ 3,629	$ 3,666
Commercial real estate - non-owner occupied	[1]
Construction and land loan			$ 552
Commercial loans		$ 3,993	$ 4,014
Residential 1-4 family	[2]
Consumer loans
Total loans		$ 7,622	$ 8,232
Non-covered Loans | Substandard
Accounts Notes And Loans Receivable [Line Items]
Commercial real estate - owner-occupied	[5]	6,382	7,862
Commercial real estate - non-owner occupied	[1],[5]	$ 135	$ 136
Construction and land loan	[5]
Commercial loans	[5]	$ 5,730	$ 5,484
Residential 1-4 family	[2],[5]
Consumer loans	[5]
Total loans	[5]	$ 12,247	$ 13,482
Non-covered Loans | Pass
Accounts Notes And Loans Receivable [Line Items]
Commercial real estate - owner-occupied		128,762	129,993
Commercial real estate - non-owner occupied	[1]	314,268	282,456
Construction and land loan		69,574	67,280
Commercial loans		113,216	115,487
Residential 1-4 family	[2]	192,819	178,875
Consumer loans		1,118	1,366
Total loans		$ 819,757	$ 775,457
[1]	Includes loans secured by farmland and multi-family residential loans.
[2]	Includes home equity lines of credit.
[3]	Covered Loans were acquired in the Greater Atlantic transaction and are covered under an FDIC loss-share agreement. The agreement covering non-single family loans expired in December 2014.
[4]	Credit quality is enhanced by a loss sharing agreement with the FDIC in the covered portfolio. The same credit quality indicators used in the non-covered portfolio are combined.
[5]	Includes SBA guarantees of $2.3 million and $3.5 million as of March 31, 2016 and December 31, 2015.

LOANS AND ALLOWANCE FOR LOAN 44

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details Textuals) - Loans Receivable $ in Thousands		3 Months Ended
		Mar. 31, 2016USD ($)agreement	Dec. 31, 2015USD ($)
Accounts Notes And Loans Receivable [Line Items]
Total loans		$ 872,785	$ 831,544
Greater Atlantic Bank
Accounts Notes And Loans Receivable [Line Items]
Accretable discount on the acquired covered loans		7,400	7,900
HarVest Bank of Maryland
Accounts Notes And Loans Receivable [Line Items]
Accretable discount on the acquired covered loans		7,400	7,900
PGFSB
Accounts Notes And Loans Receivable [Line Items]
Accretable discount on the acquired covered loans		7,400	7,900
Covered loans
Accounts Notes And Loans Receivable [Line Items]
Total loans	[1]	33,159	34,373
Non-covered Loans
Accounts Notes And Loans Receivable [Line Items]
Total loans		839,626	$ 797,171
Non-covered Loans | HarVest Bank of Maryland
Accounts Notes And Loans Receivable [Line Items]
Total loans		27,200
Non-covered Loans | PGFSB
Accounts Notes And Loans Receivable [Line Items]
Total loans		$ 48,900
FDIC
Accounts Notes And Loans Receivable [Line Items]
Number of agreements | agreement		2
FDIC | Covered loans | Greater Atlantic Bank
Accounts Notes And Loans Receivable [Line Items]
Loss sharing agreement		$ 143,400
FDIC | Single family loans
Accounts Notes And Loans Receivable [Line Items]
Term loan agreement expiring		10 years
FDIC | Non-Single Family (Commercial)
Accounts Notes And Loans Receivable [Line Items]
Term loan agreement expiring		5 years
[1]	Covered Loans were acquired in the Greater Atlantic transaction and are covered under an FDIC loss-share agreement. The agreement covering non-single family loans expired in December 2014.

LOANS AND ALLOWANCE FOR LOAN 45

LOANS AND ALLOWANCE FOR LOAN LOSSESS (Details Textuals 1) - Loans Receivable - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Accounts Notes And Loans Receivable [Line Items]
Foreclosed residential real estate property	$ 4,000
Consumer mortgage loans collateralized by residential real estate property	544
Non-covered Loans
Accounts Notes And Loans Receivable [Line Items]
SBA guarantees	2,300	$ 3,500
Charge off on recorded investment	753	$ 1,200
Non-covered Loans | 30 - 59 Days Past Due
Accounts Notes And Loans Receivable [Line Items]
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 696

FINANCIAL INSTRUMENTS WITH OF46

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Detail Textuals) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Letter of Credit
Line of Credit Facility [Line Items]
Letters of credit outstanding	$ 7.5	$ 6.7

FINANCIAL INSTRUMENTS WITH OF47

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK (Detail Textuals 1) - USD ($) $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Unfunded Lines Of Credit and Undisbursed Construction Loan Funds
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unfunded lines of credit and undisbursed construction loan funds	$ 122.5	$ 132.3
Approved loan commitment
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unfunded lines of credit and undisbursed construction loan funds	$ 2	$ 2.7

EARNINGS PER SHARE - Reconcilia

EARNINGS PER SHARE - Reconciliation of the denominators of the basic and diluted EPS computations (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Earnings Per Share [Abstract]
Basic EPS - Income (Numerator) (in dollars)	$ 2,565	$ 2,004
Effect of dilutive stock options and warrants - Income (Numerator) (in dollars)
Diluted EPS - Income (Numerator)	$ 2,565	$ 2,004
Basic EPS - Weighted Average Shares (Denominator) (in shares)	12,237	12,217
Effect of dilutive stock options and warrants - Weighted Average Shares (Denominator) (in shares)	165	124
Diluted EPS - Weighted Average Shares (Denominator) (in shares)	12,402	12,341
Basic EPS - Per Share Amount (in dollars per share)	$ 0.21	$ 0.16
Effect of dilutive stock options and warrants - Per Share Amount (in dollars per share)
Diluted EPS - Per Share Amount (in dollars per share)	$ 0.21	$ 0.16

EARNINGS PER SHARE (Detail Text

EARNINGS PER SHARE (Detail Textuals) - shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Stock Options and Warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive options and warrants (in shares)	571,159	578,348

FAIR VALUE - Assets measured at

FAIR VALUE - Assets measured at fair value on recurring basis (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Available for sale securities
Fair value	$ 3,871	$ 4,209
Fair Value, Measurements, Recurring | Total
Available for sale securities
Fair value	3,871	4,209
Fair Value, Measurements, Recurring | Total | Obligations of states and political subdivisions
Available for sale securities
Fair value	2,324	2,312
Fair Value, Measurements, Recurring | Total | Trust preferred securities
Available for sale securities
Fair value	$ 1,547	$ 1,897
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Available for sale securities
Fair value
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Obligations of states and political subdivisions
Available for sale securities
Fair value
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Trust preferred securities
Available for sale securities
Fair value
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)
Available for sale securities
Fair value	$ 3,871	$ 4,209
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Obligations of states and political subdivisions
Available for sale securities
Fair value	2,324	2,312
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Trust preferred securities
Available for sale securities
Fair value	$ 1,547	$ 1,897
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)
Available for sale securities
Fair value
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Obligations of states and political subdivisions
Available for sale securities
Fair value
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Trust preferred securities
Available for sale securities
Fair value

FAIR VALUE - Assets measured 51

FAIR VALUE - Assets measured at fair value on non-recurring basis (Details 1) - Fair Value, Measurements, Nonrecurring - USD ($) $ in Thousands		Mar. 31, 2016	Dec. 31, 2015
Total | Commercial real estate - owner occupied
Impaired non-covered loans:
Impaired non-covered loans		$ 5,955	$ 7,423
Non covered other real estate owned:
Non-covered other real estate owned		1,110	1,110
Total | Commercial real estate - non-owner occupied
Impaired non-covered loans:
Impaired non-covered loans	[1]	135	136
Non covered other real estate owned:
Non-covered other real estate owned	[1]	237	237
Total | Construction and land development
Non covered other real estate owned:
Non-covered other real estate owned		4,749	5,007
Total | Commercial loans
Impaired non-covered loans:
Impaired non-covered loans		5,330	5,084
Total | Residential 1-4 family
Impaired covered loans:
Impaired covered loans		1,049	1,066
Non covered other real estate owned:
Non-covered other real estate owned		3,666	3,741
Covered other real estate owned:
Covered other real estate owned		$ 343	$ 343
Quoted Prices in Active Markets for Identical Assets (Level 1) | Commercial real estate - owner occupied
Impaired non-covered loans:
Impaired non-covered loans
Non covered other real estate owned:
Non-covered other real estate owned
Quoted Prices in Active Markets for Identical Assets (Level 1) | Commercial real estate - non-owner occupied
Impaired non-covered loans:
Impaired non-covered loans	[1]
Non covered other real estate owned:
Non-covered other real estate owned	[1]
Quoted Prices in Active Markets for Identical Assets (Level 1) | Construction and land development
Non covered other real estate owned:
Non-covered other real estate owned
Quoted Prices in Active Markets for Identical Assets (Level 1) | Commercial loans
Impaired non-covered loans:
Impaired non-covered loans
Quoted Prices in Active Markets for Identical Assets (Level 1) | Residential 1-4 family
Impaired covered loans:
Impaired covered loans
Non covered other real estate owned:
Non-covered other real estate owned
Covered other real estate owned:
Covered other real estate owned
Significant Other Observable Inputs (Level 2) | Commercial real estate - owner occupied
Impaired non-covered loans:
Impaired non-covered loans
Non covered other real estate owned:
Non-covered other real estate owned
Significant Other Observable Inputs (Level 2) | Commercial real estate - non-owner occupied
Impaired non-covered loans:
Impaired non-covered loans	[1]
Non covered other real estate owned:
Non-covered other real estate owned	[1]
Significant Other Observable Inputs (Level 2) | Construction and land development
Non covered other real estate owned:
Non-covered other real estate owned
Significant Other Observable Inputs (Level 2) | Commercial loans
Impaired non-covered loans:
Impaired non-covered loans
Significant Other Observable Inputs (Level 2) | Residential 1-4 family
Impaired covered loans:
Impaired covered loans
Non covered other real estate owned:
Non-covered other real estate owned
Covered other real estate owned:
Covered other real estate owned
Significant Unobservable Inputs (Level 3) | Commercial real estate - owner occupied
Impaired non-covered loans:
Impaired non-covered loans		$ 5,955	$ 7,423
Non covered other real estate owned:
Non-covered other real estate owned		1,110	1,110
Significant Unobservable Inputs (Level 3) | Commercial real estate - non-owner occupied
Impaired non-covered loans:
Impaired non-covered loans	[1]	135	136
Non covered other real estate owned:
Non-covered other real estate owned	[1]	237	237
Significant Unobservable Inputs (Level 3) | Construction and land development
Non covered other real estate owned:
Non-covered other real estate owned		4,749	5,007
Significant Unobservable Inputs (Level 3) | Commercial loans
Impaired non-covered loans:
Impaired non-covered loans		5,330	5,084
Significant Unobservable Inputs (Level 3) | Residential 1-4 family
Impaired covered loans:
Impaired covered loans		1,049	1,066
Non covered other real estate owned:
Non-covered other real estate owned		3,666	3,741
Covered other real estate owned:
Covered other real estate owned		$ 343	$ 343
[1]	Includes loans secured by farmland and multi-family residential loans.

FAIR VALUE - Fair Value of Fina

FAIR VALUE - Fair Value of Financial Instruments (Details 2) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Financial assets:
Cash and cash equivalents	$ 34,124	$ 30,336	$ 36,417	$ 38,320
Securities available for sale	3,871	4,209
Securities held to maturity	98,727	96,780
Stock in Federal Reserve Bank and Federal Home Loan Bank	7,589	6,929
Equity investment in mortgage affiliate	4,539	4,459
Preferred investment in mortgage affiliate	2,555	2,555
FDIC indemnification asset	2,705	2,922
Financial liabilities:
Certificates of deposit	566,876	531,775
Securities sold under agreements to repurchase and other short-term borrowings	11,045	10,381
FHLB advances	15,000	15,000
Carrying Amount
Financial assets:
Cash and cash equivalents	34,124	30,336
Securities available for sale	3,871	4,209
Securities held to maturity	98,727	96,780
Stock in Federal Reserve Bank and Federal Home Loan Bank	7,589	6,929
Equity investment in mortgage affiliate	4,459	4,539
Preferred investment in mortgage affiliate	2,555	2,555
Net non-covered loans	828,790	786,631
Net covered loans	33,159	34,373
Accrued interest receivable	2,873	2,914
FDIC indemnification asset	2,705	2,922
Financial liabilities:
Demand deposits	112,840	111,849
Money market and savings accounts	177,822	181,670
Certificates of deposit	566,876	531,775
Securities sold under agreements to repurchase and other short-term borrowings	83,045	69,381
FHLB advances	15,000	15,000
Accrued interest payable	905	846
Fair Value
Financial assets:
Cash and cash equivalents	34,124	30,336
Securities available for sale	3,871	4,209
Securities held to maturity	$ 99,583	$ 96,464
Stock in Federal Reserve Bank and Federal Home Loan Bank
Equity investment in mortgage affiliate	$ 4,459	$ 4,539
Preferred investment in mortgage affiliate	2,555	2,555
Net non-covered loans	836,564	793,541
Net covered loans	37,413	38,077
Accrued interest receivable	2,873	2,914
FDIC indemnification asset	745	745
Financial liabilities:
Demand deposits	112,840	111,849
Money market and savings accounts	177,822	181,670
Certificates of deposit	569,155	531,456
Securities sold under agreements to repurchase and other short-term borrowings	83,045	69,381
FHLB advances	15,065	15,041
Accrued interest payable	$ 905	$ 846

FAIR VALUE (Details Textuals)

FAIR VALUE (Details Textuals) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Accounts Notes And Loans Receivable [Line Items]
Allowances for loan losses	$ 8,690	$ 8,421
Minimum
Accounts Notes And Loans Receivable [Line Items]
Fair value of estimated costs related to selling the collateral	6.00%	6.00%
Maximum
Accounts Notes And Loans Receivable [Line Items]
Fair value of estimated costs related to selling the collateral	10.00%	10.00%
Non-covered Loans
Accounts Notes And Loans Receivable [Line Items]
Non covered Impaired loans	$ 12,200	$ 13,500
SBA guaranteed
Accounts Notes And Loans Receivable [Line Items]
SBA guarantees	2,300	3,500
Total Loans
Accounts Notes And Loans Receivable [Line Items]
Allowances for loan losses	$ 827	$ 839

FAIR VALUE (Details Textuals 1)

FAIR VALUE (Details Textuals 1)	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Assets Measured On Recurring Basis, Unobservable Input Reconciliation [Line Items]
Description of other real estate owned loan collateral liquidation expenses	Fair value is classified as Level 3 in the fair value hierarchy. OREO is further evaluated quarterly for any additional impairment
Minimum
Fair Value, Assets Measured On Recurring Basis, Unobservable Input Reconciliation [Line Items]
Percentage Of Discount Rate On Other Real Estate Owned	6.00%	6.00%
Maximum
Fair Value, Assets Measured On Recurring Basis, Unobservable Input Reconciliation [Line Items]
Percentage Of Discount Rate On Other Real Estate Owned	7.60%	7.60%

FAIR VALUE (Details Textuals 2)

FAIR VALUE (Details Textuals 2) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Other real estate owned	$ 10,106	$ 10,439
Non-covered Loans
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Non covered other real estate owned	9,800
Covered loans
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Covered other real estate owned	$ 343	$ 343

SECURITIES SOLD UNDER AGREEME56

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE AND OTHER SHORT-TERM BORROWINGS (Details Textuals) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Securities Sold Under Agreements To Repurchase And Other Short Term Borrowings [Abstract]
Securities sold under agreements to repurchase	$ 11,045	$ 10,381
Pledged residential government-sponsored mortgage-backed securities and collateralized mortgage obligations with fair value	$ 25,600