ConnectOne Bancorp 10-K 5 Mar 14 2013 FY Annual report Financial data

Document_And_Entity_Informatio

Document And Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Mar. 03, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'ConnectOne Bancorp, Inc.	'
Document Type	'10-K	'
Current Fiscal Year End Date	'--12-31	'
Entity Common Stock, Shares Outstanding	'	5,121,769
Entity Public Float	$137,700,000	'
Amendment Flag	'false	'
Entity Central Index Key	'0001462694	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Filer Category	'Non-accelerated Filer	'
Entity Well-known Seasoned Issuer	'No	'
Document Period End Date	31-Dec-13	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'FY	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
ASSETS	'	'
Cash and due from banks	$2,907	$3,242
Interest-bearing deposits with banks	31,459	47,387
Cash and cash equivalents	34,366	50,629
Securities available for sale	27,589	19,252
Securities held to maturity, fair value of $1,077 at 2013 and $2,084 at 2012	1,027	1,985
Loans held for sale	575	405
Loans receivable	1,151,904	848,842
Less: Allowance for loan losses	-15,979	-13,246
Net loans receivable	1,135,925	835,596
Investment in restricted stock, at cost	7,622	4,744
Bank premises and equipment, net	7,526	7,904
Accrued interest receivable	4,102	3,361
Other real estate owned	1,303	433
Goodwill	260	260
Bank owned life insurance	15,191	'
Deferred taxes	7,614	4,314
Other assets	128	1,043
Total assets	1,243,228	929,926
Liabilities	'	'
Noninterest-bearing	216,804	170,355
Interest-bearing	749,003	598,963
Total deposits	965,807	769,318
FHLB borrowings	137,558	79,568
Accrued interest payable	2,762	2,803
Capital lease obligation	3,107	3,185
Other liabilities	3,866	2,690
Total liabilities	1,113,100	857,564
Commitments and Contingencies	'	'
Stockholders’ Equity	'	'
Common stock and Surplus, no par value; authorized 10,000,000 shares at December 31, 2013 and December 31, 2012; issued and outstanding 5,106,455 at December 31, 2013 and 3,166,217 at December 31, 2012	99,315	51,205
Retained earnings	30,931	20,661
Accumulated other comprehensive income (loss)	-118	496
Total stockholders’ equity	130,128	72,362
Total liabilities and stockholders’ equity	1,243,228	929,926
Series A Preferred Stock [Member]	'	'
Stockholders’ Equity	'	'
Preferred stock, value	'	'
Series B Preferred Stock [Member]	'	'
Stockholders’ Equity	'	'
Preferred stock, value	'	'
Series C Preferred Stock [Member]	'	'
Stockholders’ Equity	'	'
Preferred stock, value	'	'

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, except Share data, unless otherwise specified
Securities held to maturity at fair value (in Dollars)	$1,077	$2,084
Common stock, par value (in Dollars per share)	'	'
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	5,106,455	3,166,217
Common stock, shares outstanding	5,106,455	3,166,217
Series A Preferred Stock [Member]	'	'
Preferred stock, par value (in Dollars per share)	'	'
Preferred stock, liquidation value (in Dollars per share)	$20	$20
Preferred stock, shares authorized	125,000	125,000
Preferred stock, shares issued	'	'
Preferred stock, shares outstanding	'	'
Series B Preferred Stock [Member]	'	'
Preferred stock, par value (in Dollars per share)	'	'
Preferred stock, liquidation value (in Dollars per share)	$20	$20
Preferred stock, shares authorized	'	'
Preferred stock, shares issued	'	'
Preferred stock, shares outstanding	'	'
Series C Preferred Stock [Member]	'	'
Preferred stock, par value (in Dollars per share)	'	'
Preferred stock, liquidation value (in Dollars per share)	$1,000	$1,000
Preferred stock, shares authorized	7,500	7,500
Preferred stock, shares issued	'	'
Preferred stock, shares outstanding	'	'

CONSOLIDATED_STATEMENTS_OF_INC

CONSOLIDATED STATEMENTS OF INCOME (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Interest income	'	'	'
Loans receivable, including fees	$46,405	$39,625	$32,113
Securities	795	1,079	1,505
Other interest income	103	83	58
Total interest income	47,303	40,787	33,676
Interest expense	'	'	'
Deposits	4,798	4,777	4,888
Borrowings	1,489	1,349	1,121
Capital lease	189	193	198
Total interest expense	6,476	6,319	6,207
Net interest income	40,827	34,468	27,469
Provision for loan losses	4,575	3,990	2,355
Net interest income after provision for loan losses	36,252	30,478	25,114
Non-interest income	'	'	'
Service fees	436	393	396
Gains on sales of loans	239	470	458
Gains on sales of securities	'	'	96
Income on bank owned life insurance	191	'	'
Other income	336	279	163
Total non-interest income	1,202	1,142	1,113
Non-interest expenses	'	'	'
Salaries and employee benefits	10,321	8,352	6,911
Occupancy and equipment	3,101	2,847	2,796
Professional fees	1,463	1,143	1,171
Advertising and promotion	477	489	356
Data processing	2,059	1,697	1,437
Other expenses	3,230	2,960	2,386
Total non-interest expenses	20,651	17,488	15,057
Income before income tax expense	16,803	14,132	11,170
Income tax expense	6,533	5,711	4,504
Net income	10,270	8,421	6,666
Dividends on preferred shares	'	354	600
Net income available to common stockholders	$10,270	$8,067	$6,066
Earnings per common share:	'	'	'
Basic (in Dollars per share)	$2.15	$2.99	$2.71
Diluted (in Dollars per share)	$2.09	$2.63	$2.18
Weighted average common shares outsanding:	'	'	'
Basic (in Shares)	4,773,954	2,700,772	2,242,085
Diluted (in Shares)	4,919,384	3,196,558	3,063,076

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Net income	$10,270	$8,421	$6,666
Unrealized losses on securities available for sale securities arising during the period	-1,026	-190	413
Reclassification adjustment for gains realized in income	'	'	-96
Net unrealized gains/(losses)	-1,026	-190	317
Tax effect	-412	-76	126
Other comprehensive loss	-614	-114	191
Comprehensive income	$9,656	$8,307	$6,857

CONSOLIDATED_STATEMENTS_OF_CHA

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (USD $)	Common Stock and Surplus [Member]	Series A Preferred Stock [Member]	Series B Preferred Stock [Member]	Series C Preferred Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
In Thousands
Balance at Dec. 31, 2010	$27,028	$2,500	$12,824	'	$6,528	$419	$49,299
Net Income	'	'	'	'	6,666	'	6,666
Other comprehensive loss, net of taxes	'	'	'	'	'	191	191
Issuance of stock	'	'	1,180	'	'	'	1,180
Cash dividends paid on preferred stock	'	'	'	'	-600	'	-600
Equity-based compensation	121	'	'	'	'	'	121
Balance at Dec. 31, 2011	27,149	2,500	14,004	'	12,594	610	56,857
Net Income	'	'	'	'	8,421	'	8,421
Other comprehensive loss, net of taxes	'	'	'	'	'	-114	-114
Issuance of stock	'	'	'	7,500	'	'	7,500
Conversion of convertible preferred stocks to common stock	24,004	-2,500	-14,004	-7,500	'	'	'
Cash dividends paid on preferred stock	'	'	'	'	-354	'	-354
Equity-based compensation	52	'	'	'	'	'	52
Balance at Dec. 31, 2012	51,205	'	'	'	20,661	496	72,362
Net Income	'	'	'	'	10,270	'	10,270
Other comprehensive loss, net of taxes	'	'	'	'	'	-614	-614
Issuance of stock	47,715	'	'	'	'	'	47,715
Grant of 100,238 restricted stock awards and performance units	'	'	'	'	'	'	'
Equity-based compensation	395	'	'	'	'	'	395
Balance at Dec. 31, 2013	$99,315	'	'	'	$30,931	($118)	$130,128

CONSOLIDATED_STATEMENTS_OF_CHA1

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parentheticals)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Issuance of stock, shares	1,840,000	7,500	59,025
Grant of restricted stock awards and performance units	100,238	'	'
Common Stock and Surplus [Member]	'	'	'
Issuance of stock, shares	1,840,000	'	'
Series B Preferred Stock [Member]	'	'	'
Issuance of stock, shares	'	'	59,025
Series C Preferred Stock [Member]	'	'	'
Issuance of stock, shares	'	7,500	'

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Cash flows from operating activities	'	'	'
Net income	$10,270	$8,421	$6,666
Adjustments to reconcile net income to net cash provided by operating activities:	'	'	'
Provision for loan losses	4,575	3,990	2,355
Depreciation and amortization	1,294	1,288	1,219
Net amortization of securities discounts and premiums	58	66	50
Amortization of intangible assets	'	14	14
Equity-based compensation	395	52	121
Gain on sales of securities	'	'	-96
Proceeds from sale of loans	11,255	20,612	23,925
Originations of loans held for sale	-11,186	-20,407	-22,875
Gain on sales of loans	-239	-470	-458
Increase in bank owned life insurance	-191	'	'
(Increase) decrease in provision for deferred income taxes	-2,888	-2,070	312
Increase in accrued interest receivable	-741	-614	-148
Increase (decrease) in accrued interest payable	-41	853	731
Increase (decrease) in other liabilities	1,176	-10	563
Decrease in other assets	915	1,320	-877
Net cash provided by operating activities	14,652	13,045	11,502
Cash flows from investing activities	'	'	'
Net Increase in loans	-305,774	-220,265	-135,730
Purchases of securities available for sale	-14,890	'	-20,984
Purchases of securities held to maturity	'	'	-2,000
Purchases of bank owned life insurance	-15,000	'	'
Maturities, calls and repayments of securities	6,427	9,636	31,542
Proceeds from sales of securities available for sale	'	'	4,779
Net increase in investments in restricted stock, at cost	-2,878	-1,366	-740
Purchases of bank premises and equipment	-916	-580	-1,351
Net cash used in investing activities	-333,031	-212,575	-124,484
Cash Flows From Financing Activities:	'	'	'
Net increase in deposits	196,489	159,897	126,736
Decrease in securities sold under agreements to repurchase	'	'	-17,189
Net change in fed funds purchased	'	'	-5,000
Proceeds from FHLB borrowings	86,000	60,000	20,000
Repayment of FHLB borrowings	-28,010	-35,988	-5,968
Net proceeds from initial public offering	47,715	'	'
Proceeds from sale of preferred stock	'	7,500	1,180
Decrease in capital lease obligation	-78	-72	-67
Preferred stock dividends	'	-354	-600
Net cash provided by financing activities	302,116	190,983	119,092
Net decrease in cash and cash equivalents	-16,263	-8,547	6,110
Cash and cash equivalents, beginning of year	50,629	59,176	53,066
Cash and cash equivalents, end of year	34,366	50,629	59,176
Supplementary cash flows information:	'	'	'
Interest paid	6,517	5,466	5,476
Income taxes paid	8,754	6,700	5,102
Supplementary information on noncash investing activities	'	'	'
Loans transferred to other real estate owned	$870	$433	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Significant Accounting Policies [Text Block]	'
	NOTE 1—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Nature of Operations and Principles of Consolidation: The consolidated financial statements include ConnectOne Bancorp, Inc. (“The Parent Corporation”) and its wholly owned subsidiary, ConnectOne Bank (“the Bank” and, collectively with the Parent Corporation and the Parent Corporation’s other direct subsidiaries, “the Company.”) On October 1, 2013, the Bank formed, through a capital contribution, a real estate investment trust, ConnectOne Preferred Funding Corp. (“Funding Corp.”), to own and manage a portfolio of real estate backed loans. All significant intercompany accounts and transactions have been eliminated in consolidation.
	The Company provides financial services through its offices in Bergen, Hudson, and Monmouth counties, New Jersey. Its primary deposit products are checking, savings, and term certificate accounts, and its primary lending products are residential mortgage, commercial, and installment loans. Substantially all loans are secured by specific items of collateral including business assets, consumer assets, and commercial and residential real estate. Commercial loans are expected to be repaid from cash flow from business operations. There are no significant concentrations of loans to any one industry or customer. However, the customers’ ability to repay their loans is dependent on the cash flows, real estate and general economic conditions in the area.
	Use of Estimates: To prepare financial statements in conformity with U.S. generally accepted accounting principles, management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided, and actual results could differ. The allowance for loan losses and fair values of financial instruments are particularly subject to change.
	Cash Flows: Cash and cash equivalents include cash, deposits with other financial institutions with maturities of less than 90 days, and federal funds sold. Net cash flows are reported for customer loan and deposit transactions, interest bearing deposits in other financial institutions, and federal funds purchased and repurchase agreements.
	Securities: Debt securities are classified as held to maturity and carried at amortized cost when management has the positive intent and ability to hold them to maturity. Debt securities are classified as available for sale when they might be sold before maturity. Equity securities with readily determinable fair values are classified as available for sale. Securities available for sale are carried at fair value, with unrealized holding gains and losses reported in other comprehensive income, net of tax.
	Interest income includes amortization of purchase premium or discount. Premiums and discounts on securities are amortized on the level-yield method without anticipating prepayments, except for mortgage backed securities where prepayments are anticipated. Gains and losses on sales are recorded on the trade date and determined using the specific identification method.
	Management evaluates securities for other-than-temporary impairment (“OTTI”) on at least a quarterly basis, and more frequently when economic or market conditions warrant such an evaluation. For securities in an unrealized loss position, management considers the extent and duration of the unrealized loss, and the financial condition and near-term prospect of the issuer. Management also assesses whether it intends to sell, or it is more likely than not that it will be required to sell, a security in an unrealized loss position before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the entire difference between amortized cost and fair value is recognized as impairment through earnings. For debt securities that do not meet the aforementioned criteria, the amount of impairment is split into two components as follows: 1) OTTI related to credit loss, which must be recognized in the income statement and 2) OTTI related to other factors, which is recognized in other comprehensive income. The credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis. For equity securities, the entire amount of the impairment is recognized through earnings.
	Loans Held for Sale: Mortgage loans originated and intended for sale in the secondary market are carried at the lower of aggregate cost or fair value, as determined by outstanding commitments from investors. Net unrealized losses, if any, are recorded as a valuation allowance and charged to earnings. Loans are sold servicing released.
	Loans: Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at the principal balance outstanding, net of deferred loan fees and costs, and an allowance for loan losses. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level-yield method without anticipating prepayments.
	Interest income on mortgage and commercial loans is discontinued at the time the loan is 90 days delinquent unless the loan is well-secured and in process of collection. Consumer and credit card loans are typically charged off no later than when the loan is 120 days past due. Past due status is based on the contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. Nonaccrual loans and loans past due 90 days still on accrual include both smaller balance homogeneous loans that are collectively evaluated for impairment and individually classified impaired loans. A loan is moved to non-accrual status in accordance with the Company’s policy, typically after 90 days of non-payment.
	All interest accrued but not received for loans placed on nonaccrual are reversed against interest income. Interest received on such loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.
	Allowance for Loan Losses: The allowance for loan losses is a valuation allowance for probable incurred credit losses. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. Management estimates the allowance balance required using past loan loss experience, the nature and volume of the portfolio, information about specific borrower situations and estimated collateral values, economic conditions, and other factors. Allocations of the allowance may be made for specific loans, but the entire allowance is available for any loan that, in management’s judgment, should be charged off. The allowance consists of specific and general components. The specific component relates to loans that are individually classified as impaired.
	A loan is impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. Loans, for which the terms have been modified, and for which the borrower is experiencing financial difficulties, are considered troubled debt restructurings and classified as impaired.
	Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed.
	Commercial, commercial construction and commercial real estate loans are individually evaluated for impairment. If a loan is impaired, a portion of the allowance is allocated so that the loan is reported, net, at the present value of estimated future cash flows using the loan’s existing rate or at the fair value of collateral if repayment is expected solely from the collateral. Large groups of smaller balance homogeneous loans, such as consumer and residential real estate loans are collectively evaluated for impairment, and accordingly, they are not separately identified for impairment disclosures.
	Troubled debt restructurings are separately identified for impairment disclosures and are measured at the present value of estimated future cash flows using the loan’s effective rate at inception. If a troubled debt restructuring is considered to be a collateral dependent loan, the loan is reported, net, at the fair value of the collateral. For troubled debt restructurings that subsequently default, the Company determines the amount of reserve in accordance with the accounting policy for the allowance for loan losses.
	The general component covers non-impaired loans and is based on historical loss experience adjusted for current factors. The historical loss experience is determined by portfolio segment and is based on the actual loss history experienced by the Company over the most recent three years. This actual loss experience is supplemented with other economic factors based on the risks present for each portfolio segment. These economic factors include consideration of the following: levels of and trends in delinquencies and impaired loans; levels of and trends in charge-offs and recoveries; trends in volume and terms of loans; effects of any changes in risk selection and underwriting standards; other changes in lending policies, procedures, and practices; experience, ability, and depth of lending management and other relevant staff; national and local economic trends and conditions; industry conditions; and effects of changes in credit concentrations. The following portfolio segments have been identified: commercial, commercial real estate, commercial construction, residential real estate, home equity and consumer loans.
	Restricted Stock: The Bank is a member of the Federal Home Loan Bank (“FHLB”) of New York. Members are required to own a certain amount of stock based on the level of borrowings and other factors, and may invest in additional amounts. FHLB stock is carried at cost, classified as a restricted security, and periodically evaluated for impairment based on ultimate recovery of par value. Cash dividends on the stock are reported as income.
	Transfers of Financial Assets: Transfers of financial assets are accounted for as sales, when control over the assets has been relinquished. Control over transferred assets is deemed to be surrendered when the assets have been isolated from the Company, the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
	Foreclosed Assets: Assets acquired through deed in lieu or loan foreclosure are initially recorded at fair value less costs to sell when acquired, establishing a new cost basis. These assets are subsequently accounted for at lower of cost or fair value less estimated costs to sell. If fair value declines subsequent to foreclosure, a valuation allowance is recorded through expense. Operating costs after acquisition are expensed.
	Premises and Equipment: Premises and equipment are stated at cost less accumulated depreciation. Buildings and related components are depreciated using the straight-line method with useful lives ranging from 4 to 39 years. Furniture, fixtures and equipment are depreciated using the straight-line (or accelerated) method with useful lives ranging from 3 to 10 years.
	Goodwill and Other Intangible Assets: Goodwill resulting from business combinations is generally determined as the excess of the fair value of the consideration transferred, plus the fair value of any noncontrolling interests in the acquiree, over the fair value of the net assets acquired and liabilities assumed as of the acquisition date. Goodwill and intangible assets acquired in a purchase business combination and determined to have an indefinite useful life are not amortized, but tested for impairment at least annually. The Company has selected December 31 as the date to perform the annual impairment test. Intangible assets with definite useful lives are amortized over their estimated useful lives to their estimated residual values. Goodwill is the only intangible asset with an indefinite life on our balance sheet.
	Stock-Based Compensation: Compensation cost is recognized for stock option, restricted stock, and performance unit awards issued to employees, based on the fair value of these awards at the date of grant. A Black-Scholes model is utilized to estimate the fair value of stock options, while the fair value of the Company’s common stock at the award date is used for restricted stock and performance unit awards. Compensation costs related to performance unit awards are also based upon Company performance in relation to pre-established targets. Compensation cost is recognized over the required service period, generally defined as the vesting period.
	Income Taxes: Income tax expense is the total of the current year income tax due or refundable and the change in deferred tax assets and liabilities. Deferred tax assets and liabilities are the expected future tax amounts for the temporary differences between carrying amounts and tax bases of assets and liabilities, computed using enacted tax rates. A valuation allowance, if needed, reduces deferred tax assets to the amount expected to be realized.
	A tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. The company recognizes interest and/or penalties related to income tax matters in other expense.
	Retirement Plans: Employee 401(k) and profit sharing plan expense is the amount of matching contributions.
	Earnings Per Common Share: Basic earnings per common share is net income divided by the weighted average number of common shares outstanding during the period. Diluted earnings per common share include the dilutive effect of additional potential common shares issuable under stock option plans, convertible preferred stock, and performance unit awards.
	Comprehensive Income: Comprehensive income consists of net income and other comprehensive income. Other comprehensive income includes unrealized gains and losses on securities available for sale which are also recognized as separate components of equity.
	Loan Commitments and Related Financial Instruments: Financial instruments include off-balance sheet credit instruments, such as commitments to make loans and commercial letters of credit, issued to meet customer financing needs. The face amount for these items represents the exposure to loss, before considering customer collateral or ability to repay. Such financial instruments are recorded when they are funded.
	Loss Contingencies: Loss contingencies, including claims and legal actions arising in the ordinary course of business, are recorded as liabilities when the likelihood of loss is probable and an amount or range of loss can be reasonably estimated. Management does not believe there are any such matters that will have a material effect on the financial statements.
	Restrictions on Cash: Cash on hand or on deposit with the Federal Reserve Bank is required to meet regulatory reserve and clearing requirements.
	Dividend Restriction: Banking regulations require maintaining certain capital levels and may limit the dividends paid by the Bank to the Company or by the Company to stockholders.
	Fair Value of Financial Instruments: Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in a separate note. Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments, and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect the estimates.
	Segment Reporting: FASB ASC 28, “Segment Reporting,” requires companies to report certain information about operating segments. The Company is managed as one segment; a community bank. All decisions including but not limited to loan growth, deposit funding, interest rate risk, credit risk and pricing are determined after assessing the effect on the totality of the organization. For example, loan growth is dependent on the ability of the organization to fund this growth through deposits or other borrowings. As a result, the Company is managed as one operating segment.
	Bank Owned Life Insurance: The Company has purchased life insurance policies on certain key executives. Bank owned life insurance is recorded at the amount that can be realized under the insurance contract at the balance sheet date, which is the cash surrender value adjusted for other charges or other amounts due that are probable at settlement.
	Reclassifications: Some items in the prior year financial statements were reclassified to conform to the current presentation. Reclassifications had no effect on prior year net income or stockholders’ equity.

SECURITIES

SECURITIES	12 Months Ended
	Dec. 31, 2013
Investments, Debt and Equity Securities [Abstract]	'
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	'
	NOTE 2—SECURITIES
	The amortized cost, gross unrealized gains and losses and fair value of securities available for sale at December 31, 2013 and 2012, are as follows (dollars in thousands):
		Amortized			Gross				Gross				Fair
		Cost			Unrealized				Unrealized				Value
					Gains				Losses
	31-Dec-13
	Securities available for sale:
	U.S. Treasury securities		$	1,935		$	—			$	(132	)		$	1,803
	States and political subdivisions			4,415			—				(80	)			4,335
	Asset-backed securities:
	Residential mortgages			9,452			333				(128	)			9,657
	Student loans			4,568			—				(20	)			4,548
	Small business			1,414			—				(23	)			1,391
	Equity securities			6,000			—				(145	)			5,855
			$	27,784		$	333			$	(528	)		$	27,589
	31-Dec-12
	Securities available for sale:
	U.S. government sponsored agencies		$	1,000		$	5			$	—			$	1,005
	Asset-backed securities:
	Residential mortgages			11,421			608				—				12,029
	Equity securities			6,000			218				—				6,218
			$	18,421		$	831			$	—			$	19,252
	The amortized cost, gross unrecognized gains and losses and fair value of securities held to maturity at December 31, 2013 and 2012, are as follows (dollars in thousands):
		Amortized			Gross				Gross				Fair
		Cost			Unrealized				Unrealized				Value
					Gains				Losses
	31-Dec-13
	Securities held-to-maturity:
	Asset-backed securities—residential mortgages		$	1,027		$	50			$	—			$	1,077
	31-Dec-12
	Securities held-to-maturity:
	Asset-backed securities—residential mortgages		$	1,985		$	99			$	—			$	2,084
	The amortized cost and fair value of debt securities held to maturity and available for sale at December 31, 2013, by contractual maturity, are shown below (dollars in thousands). Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately.
		Available for Sale							Held to Maturity
		Amortized			Fair				Amortized				Fair
		Cost			Value				Cost				Value
	31-Dec-13
	Available-for-Sale
	Due in under one year or less		$	1,003		$	1,003			$	1			$	1
	Due after one year through five years			—			—				326				340
	Due after five years through ten years			4,422			4,224				188				197
	Due after ten years			6,907			6,852				512				539
	Asset-backed securities—residential mortgages			9,452			9,655				—				—
			$	21,784		$	21,734			$	1,027			$	1,077
	For the years ended December 31, 2013 and 2012, there were no sales of available for sale securities. For the year ended December 31, 2011, there was one sale of an available for sale security which resulted in a pre-tax gain of $96,000.
	Securities with a carrying value of $215,000 and $322,000 at December 31, 2013 and 2012, respectively, were pledged to secure public deposits, securities sold under agreements to repurchase and for other purposes as required or permitted by law.
	The following table summarizes securities with unrealized losses at December 31, 2013, aggregated by major security type and length of time in a continuous unrealized loss position (dollars in thousands):
		Less than 12 Months							12 Months or Longer							Total
		Fair			Unrealized				Fair				Unrealized			Fair			Unrealized
		Value			Losses				Value				Losses			Value			Losses
	31-Dec-13
	Available for Sale
	U.S. Treasury securities		$	1,803		$	(132	)		$	—			$	—		$	1,803		$	(132	)
	States and political subdivisions			3,412			(80	)			—				—			3,412			(80	)
	Asset-backed securities—
	Residential mortgages			4,284			(128	)			—				—			4,284			(128	)
	Student loans			4,548			(20	)			—				—			4,548			(20	)
	Small business			1,391			(23	)			—				—			1,391			(23	)
	Equity securities			5,855			(145	)			—				—			5,855			(145	)
			$	21,293		$	(528	)		$	—			$	—		$	21,293		$	(528	)
	Unrealized losses on available for sale securities have not been recognized into income because the securities are of high credit quality, management does not intend to sell and it is likely that management will not be required to sell the securities prior to their anticipated recovery, and the decline in fair value is largely due to changes in interest rates. The fair value is expected to recover as the securities approach maturity.
	There were no held to maturity securities in an unrealized loss position at December 31, 2013 and 2012. There were no securities in an unrealized loss position at December 31, 2012.

LOANS_RECEIVABLE

LOANS RECEIVABLE	12 Months Ended
	Dec. 31, 2013
Receivables [Abstract]	'
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	'
	NOTE 3—LOANS RECEIVABLE
	The composition of loans receivable (which excludes loans held for sale) at December 31, 2013 and 2012, is as follows (dollars in thousands):
		2013					2012
	Commercial		$		203,690			$	147,455
	Commercial real estate				769,121				549,218
	Commercial construction				59,877				36,872
	Residential real estate				85,568				82,962
	Home equity				32,504				30,961
	Consumer				2,340				1,801
	Gross loans				1,153,100				849,269
	Unearned net origination fees and costs				(1,196	)			(427	)
	Loans receivable				1,151,904				848,842
	Less: Allowance for loan losses				(15,979	)			(13,246	)
	Nets loans receivable		$		1,135,925			$	835,596
	The portfolio classes in the above table have unique risk characteristics with respect to credit quality:
	•			The repayment of commercial loans is generally dependent on the creditworthiness and cash flow of borrowers, and if applicable, guarantors, which may be negatively impacted by adverse economic conditions. While the majority of these loans are secured, collateral type, marketing, coverage, valuation and monitoring is not as uniform as in other portfolio classes and recovery from liquidation of such collateral may be subject to greater variability.
	•			Payment on commercial mortgages is driven principally by operating results of the managed properties or underlying business and secondarily by the sale or refinance of such properties.
				Both primary and secondary sources of repayment, and value of the properties in liquidation, may be affected to a greater extent by adverse conditions in the real estate market or the economy in general.
	•			Properties underlying construction, land and land development loans often do not generate sufficient cash flows to service debt and thus repayment is subject to ability of the borrower and, if applicable, guarantors, to complete development or construction of the property and carry the project, often for extended periods of time. As a result, the performance of these loans is contingent upon future events whose probability at the time of origination is uncertain.
	•			The ability of borrowers to service debt in the residential, home equity and consumer loan portfolios is generally subject to personal income which may be impacted by general economic conditions, such as increased unemployment levels. These loans are predominately collateralized by first and/or second liens on single family properties. If a borrower cannot maintain the loan, the Company’s ability to recover against the collateral in sufficient amount and in a timely manner may be significantly influenced by market, legal and regulatory conditions.
	The following table represents the allocation of allowance for loan losses and the related loans by loan portfolio segment disaggregated based on the impairment methodology at December 31, 2013 and 2012 (dollars in thousands):
		Commercial					Commercial				Commercial				Residential				Home				Consumer				Unallocated				Total
							Real Estate				Construction				Real Estate				Equity
																			Lines of
																			Credit
	31-Dec-13
	Allowance for loan losses:
	Individually evaluated for impairment		$		1,440			$	122			$	—			$	—			$	—			$	—			$	—			$	1,562
	Collectively evaluated for impairment				2,998				8,622				639				1,248				698				52				160				14,417
	Total		$		4,438			$	8,744			$	639			$	1,248			$	698			$	52			$	160			$	15,979
	Gross loans:
	Individually evaluated for impairment		$		5,813			$	6,137			$	—			$	3,029			$	767			$	—			$	—			$	15,746
	Collectively evaluated for impairment				197,877				762,984				59,877				82,539				31,737				2,340				—				1,137,354
	Total		$		203,690			$	769,121			$	59,877			$	85,568			$	32,504			$	2,340			$	—			$	1,153,100
	31-Dec-12
	Allowance for loan losses:
	Individually evaluated for impairment		$		165			$	1,033			$	—			$	—			$	—			$	—			$	—			$	1,198
	Collectively evaluated for impairment				2,237				6,712				633				1,542				617				41				266				12,048
	Total		$		2,402			$	7,745			$	633			$	1,542			$	617			$	41			$	266			$	13,246
	Gross loans:
	Individually evaluated for impairment		$		3,124			$	4,697			$	395			$	2,995			$	119			$	—			$	—			$	11,330
	Collectively evaluated for impairment				144,331				544,521				36,477				79,967				30,842				1,801				—				837,939
	Total		$		147,455			$	549,218			$	36,872			$	82,962			$	30,961			$	1,801			$	—			$	849,269
	The following table presents information related to impaired loans by class of loans as of and for the years ended December 31, 2013 and 2012 (dollars in thousands):
		Unpaid					Recorded				Allowance for				Average				Interest				Cash Basis
		Principal					Investment				Loan Losses				Recorded				Income				Interest
		Balance									Allocated				Investment				Recognized				Recognized
	31-Dec-13
	With no related allowance recorded:
	Commercial		$		934			$	809			$	—			$	830			$	15			$	—
	Commercial real estate				4,712				4,348				—				4,479				63				—
	Commercial construction				—				—				—				—				—				—
	Residential real estate				3,643				3,055				—				3,510				36				—
	Home equity lines of credit				771				768				—				567				7				—
	Consumer				—				—				—				—				—				—
					10,060				8,980				—				9,386				121				—
	With an allowance recorded:
	Commercial				5,057				5,016				1,440				5,192				122				60
	Commercial real estate				1,950				1,959				122				2,042				119				—
	Commercial construction				—				—				—				—				—				—
	Residential real estate				—				—				—				—				—				—
	Home equity lines of credit				—				—				—				—				—				—
	Consumer				—				—				—				—				—				—
				7,007				6,975				1,562				7,234				241				60
Total		$		17,067			$	15,955			$	1,562			$	16,620			$	362			$	60
31-Dec-12
With no related allowance recorded:
Commercial		$		273			$	291			$	—			$	285			$	—			$	—
Commercial real estate				1,705				1,738				—				1,354				46				—
Commercial construction				—				—				—				—				—				—
Residential real estate				2,995				3,196				—				3,047				119				—
Home equity lines of credit				119				125				—				121				7				—
Consumer				—				—				—				—				—				—
				5,092				5,350				—				4,807				172				—
With an allowance recorded:
Commercial				2,851				2,984				165				2,895				135				33
Commercial real estate				3,387				3,631				1,033				3,614				55				—
Commercial construction				—				—				—				—				—				—
Residential real estate				—				—				—				—				—				—
Home equity lines of credit				—				—				—				—				—				—
Consumer				—				—				—				—				—				—
				6,238				6,615				1,198				6,509				190				33
Total		$		11,330			$	11,965			$	1,198			$	11,316			$	362			$	33
The recorded investment in loans includes accrued interest receivable and other capitalized costs such as real estate taxes paid on behalf of the borrower and loan origination fees, net.
The following tables present nonaccrual loans and loans past due over 90 days still on accrual by class of loans (dollars in thousands):
	Nonaccrual									Loans Past Due
										Over 90 Days
										Still Accruing
	2013					2012				2013				2012
Commercial		$		3,582			$	3,124			$	—			$	—
Commercial real estate				2,445				2,446				—				—
Commercial construction				—				—				—				—
Residential real estate				2,381				2,369				—				—
Home equity lines of credit				767				—				—				—
Consumer				—				—				—				—
Total		$		9,175			$	7,939			$	—			$	—
The following table presents past due and current loans by the loan portfolio class as of December 31, 2013 and 2012 (dollars in thousands):
	30-59					60-89				90 Days				Total				Current				Total
	Days					Days				or Greater				Past Due								Gross
	Past Due					Past Due				Past Due												Loans
31-Dec-13
Commercial		$		—			$	—			$	634			$	634			$	203,056			$	203,690
Commercial real estate				—				—				1,394				1,394				767,727				769,121
Commercial construction				—				—				—				—				59,877				59,877
Residential real estate				—				431				1,763				2,194				83,374				85,568
Home equity lines of credit				—				—				653				653				31,851				32,504
Consumer				—				19				—				19				2,321				2,340
Total		$		—			$	450			$	4,444			$	4,894			$	1,148,206			$	1,153,100
31-Dec-12
Commercial		$		—			$	—			$	273			$	273			$	147,182			$	147,455
Commercial real estate				—				142				2,446				2,588				546,630				549,218
Commercial construction				—				—				—				—				36,872				36,872
Residential real estate				1,769				—				2,369				4,138				78,824				82,962
Home equity lines of credit				35				—				—				35				30,926				30,961
Consumer				—				—				—				—				1,801				1,801
Total		$		1,804			$	142			$	5,088			$	7,034			$	842,235			$	849,269
Troubled Debt Restructurings
During the years ending December 31, 2013 and 2012, the terms of certain loans were modified as troubled debt restructurings. The modification of the terms of such loans included one or a combination of the following: a reduction of the stated interest rate of the loan; an extension of the maturity date at a stated rate of interest lower than the current market rate for new debt with similar risk; or a permanent reduction of the recorded investment in the loan.
The balance of troubled debt restructurings at December 31, 2013, consists of four loans totaling $2,934,000 that were performing at such date under their restructured terms and for which the Bank had no commitment to lend additional funds and three credits that were classified as non-accrual. The balance of troubled debt restructurings at December 31, 2012, consists of five loans totaling $2,996,000 that were performing at such date under their restructured terms and for which the Bank has no commitment to lend additional funds and three credits that were currently classified as non-accrual loans. The Company has allocated $43,000 of specific allocations with respect to loans whose loan terms had been modified in troubled debt restructurings as of December 31, 2013. The Company allocated $211,000 of specific allocations with respect to loans whose terms have been modified in troubled debt restructurings as of December 31, 2012.
There were no trouble debt restructurings that occurred during the year ended December 31, 2013.
The following table presents loans by class modified as troubled debt restructurings that occurred during the year ended December 31, 2012 (dollars in thousands):
	Number of					Pre-Modification				Post-Modification
	Loans					Outstanding				Outstanding
						Recorded				Recorded
						Investment				Investment
Trouble debt restructurings
Commercial				2			$	3,901			$	3,901
Commercial real estate				—				—				—
Commercial construction				—				—				—
Residential real estate				—				—				—
Home equity lines of credit				—				—				—
Consumer				—				—				—
Total				2			$	3,901			$	3,901
There were no troubled debt restructurings for which there was a payment default within twelve months following the modification during the years ended December 31, 2013 or 2012.
A loan is considered to be in payment default once it is 90 days contractually past due under the modified terms.
Credit Quality Indicators
The Bank categorizes loans into risk categories based on relevant information about the quality and realizable value of collateral, if any, and the ability of borrowers to service their debts such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Bank analyzes loans individually by classifying the loans as to credit risk. This analysis is performed whenever a credit is extended, renewed or modified, or when an observable event occurs indicating a potential decline in credit quality, and no less than annually for large balance loss. The Bank used the following definitions for risk ratings:
Special Mention: Loans classified as special mention 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 the Bank’s credit position at some future date.
Substandard: Loans classified as substandard are inadequately protected by the current sound 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 repayment and liquidation of the debt. They are characterized by distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. Normal payment from the borrower is in jeopardy, although loss of principal, while still possible, is not imminent.
Doubtful: Loans classified as doubtful 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 known facts, conditions, and values, highly questionable and improbable.
The following table presents the risk category of loans by class of loans based on the most recent analysis performed as of December 31, 2013 and 2012 (dollars in thousands):
Credit Risk Profile by	Pass					Special Mention				Substandard				Doubtful				Total
Internally Assigned Grades
31-Dec-13
Commercial		$		184,340			$	14,377			$	4,973			$	—			$	203,690
Commercial real estate				755,533				1,947				11,641				—				769,121
Commercial construction				59,877				—				—				—				59,877
Total		$		999,750			$	16,324			$	16,614			$	—			$	1,032,688
31-Dec-12
Commercial		$		131,887			$	11,733			$	3,835			$	—			$	147,455
Commercial real estate				529,453				6,602				13,163				—				549,218
Commercial construction				35,985				—				887				—				36,872
Total		$		697,325			$	18,335			$	17,885			$	—			$	733,545
Residential real estate, home equity lines of credit, and consumer loans are not rated. The Company evaluates credit quality of those loans by aging status of the loan and by payment activity, which was previously presented.
The following table presents the activity in the Company’s allowance for loan losses by class of loans (dollars in thousands):
	Commercial					Commercial				Commercial				Residential				Home Equity				Consumer				Unallocated				Total
						Real Estate				Construction				Real Estate				Lines of Credit
Allowance for loan losses:
Beginning balance at January 1, 2013		$		2,402			$	7,745			$	633			$	1,542			$	617			$	41			$	266			$	13,246
Charge-offs				—				(1,058	)			—				(594	)			(188	)			(2	)			—				(1,842	)
Recoveries				—				—				—				—				—				—				—				—
Provision for loan losses				2,036				2,057				6				300				269				13				(106	)			4,575
Total ending balance at December 31, 2013		$		4,438			$	8,744			$	639			$	1,248			$	698			$	52			$	160			$	15,979
Allowance for loan losses:
Beginning balance at January 1, 2012		$		653			$	5,658			$	447			$	2,517			$	339			$	3			$	—			$	9,617
Charge-offs				(115	)			(109	)			(16	)			(153	)			—				—				—				(393	)
Recoveries				—				—				—				—				—				32				—				32
Provision for loan losses				1,864				2,196				202				(822	)			278				6				266				3,990
Total ending balance at December 31, 2012		$		2,402			$	7,745			$	633			$	1,542			$	617			$	41			$	266			$	13,246
Allowance for loan losses:
Beginning balance at January 1, 2011		$		634			$	2,902			$	808			$	2,773			$	292			$	5			$	—			$	7,414
Charge-offs				—				—				—				(90	)			—				(62	)			—				(152	)
Recoveries				—				—				—				—				—				—				—				—
Provision for loan losses				19				2,756				(361	)			(166	)			47				60				—				2,355
Total ending balance at December 31, 2011		$		653			$	5,658			$	447			$	2,517			$	339			$	3			$	—			$	9,617

BANK_PREMISES_AND_EQUIPMENT

BANK PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2013
Property, Plant and Equipment [Abstract]	'
Property, Plant and Equipment Disclosure [Text Block]	'
	NOTE 4—BANK PREMISES AND EQUIPMENT
	The components of premises and equipment at December 31, 2013 and 2012, are as follows (dollars in thousands):
		2013				2012
	Building		$	3,422			$	3,422
	Leasehold improvements			6,356				5,933
	Furniture, fixtures and equipment			3,279				2,897
	Computer equipment and data processing software			2,069				1,970
	Vehicles			164				152
				15,290				14,374
	Less: Accumulated depreciation and amortization			(7,764	)			(6,470	)
			$	7,526			$	7,904
	Depreciation expense amounted to $1,294,000, $1,288,000 and $1,219,000 for the years ended December 31, 2013, 2012 and 2011, respectively.
	Capital Leases: The Company has entered into a lease agreement for a building under a capital lease. The lease arrangement requires monthly payments through 2028.
	The Company has included these leases in premises and equipment as follows (dollars in thousands):
		2013				2012
	Building		$	3,422			$	3,422
	Accumulated depreciation			(856	)			(684	)
			$	2,566			$	2,738
	The following is a schedule by year of future minimum lease payments under the capitalized lease, together with the present value of net minimum lease payments at December 31, 2013 (dollars in thousands):
	2014		$	291
	2015			291
	2016			292
	2017			292
	2018			294
	Thereafter			3,340
	Total minimum lease payments			4,800
	Less amount representing interest			1,693
	Present value of net minimum lease payments		$	3,107
	Operating Leases: The Company leases certain branch properties under operating leases. Rent expense was $1,040,000, $1,031,000 and $899,000 for the years ended December 31, 2013, 2012 and 2011, respectively. Rent commitments, before considering renewal options that generally are present were as follows at December 31, 2013 (dollars in thousands):
	2014		$	992
	2015			1,008
	2016			885
	2017			533
	2018			467
	Thereafter			494
			$	4,379

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2013
Disclosure Text Block [Abstract]	'
Deposit Liabilities Disclosures [Text Block]	'
	NOTE 5—DEPOSITS
	The components of deposits at December 31, 2013 and 2012 are as follows (dollars in thousands):
		2013			2012
	Demand, non-interest bearing		$	216,804		$	170,355
	Demand, interest-bearing & NOW			71,421			57,198
	Money market accounts			192,552			193,600
	Savings			69,319			72,693
	Time, $100 and over			219,302			195,088
	Time, other			196,409			80,384
			$	965,807		$	769,318
	At December 31, 2013, the scheduled maturities of time deposits are as follows (dollars in thousands):
	2014		$	278,344
	2015			35,221
	2016			45,480
	2017			29,141
	2018			27,525
			$	415,711
	At December 31, 2013 and 2012, the Company had $103,573,000 and $29,298,000 of brokered certificates of deposit, respectively.

FHLB_BORROWINGS

FHLB BORROWINGS	12 Months Ended
	Dec. 31, 2013
Disclosure Text Block [Abstract]	'
Federal Home Loan Bank Advances, Disclosure [Text Block]	'
	NOTE 6—FHLB BORROWINGS
	The components of FHLB borrowings are as follows (dollars in thousands):
	31-Dec-13							31-Dec-12
	Maturity	Interest			Outstanding			Maturity		Interest			Outstanding
	Date	Rate						Date		Rate
	1/3/14		0.37	%		$	15,000		3/11/13		1.16	%		$   5,000
	5/12/14		2.44				10,000		7/22/13		1.47			2,000
	8/5/14		1.08				3,000		5/12/14		2.44			10,000
	9/8/14		0.28				5,000		8/5/14		1.08			3,000
	2/23/15		0.88				10,000		2/23/15		0.88			10,000
	5/7/15		0.81				15,000		5/7/15		0.81			15,000
	5/11/15		2.17				1,558		5/11/15		2.91			5,000
	5/11/15		2.91				5,000		5/11/15		2.17			2,568
	8/5/15		1.49				2,000		8/5/15		1.49			2,000
	8/3/16		1.93				10,000		8/3/16		1.93			10,000
	8/26/16		1.04				5,000		4/2/18		2.51			2,500
	10/11/16		1.15				5,000		4/2/18		1.98			7,500
	7/18/17		1.29				5,000		7/16/18		2.99			5,000
	9/25/17		1.41				11,000
	4/2/18		2.51				2,500							$79,568
	4/2/18		1.98				7,500
	7/16/18		2.99				5,000
	10/23/18		1.68				10,000
	11/19/18		1.68				10,000
						$	137,558
	Except as noted in the following sentences, each advance is payable at its maturity date, with a prepayment penalty of fixed rate advances.
	Three of the FHLB notes ($2,500,000 and $7,500,000 each due April 2, 2018, and $5,000,000 due July 16, 2018) contain a convertible option which allows the FHLB, at quarterly intervals, to convert the fixed convertible advance into replacement funding for the same or lesser principal based on any advance then offered by the FHLB at their current market rate. The Company has the option to repay these advances, if converted, at par. The advances were collateralized by and $330,100,000 and $341,412,000 and of commercial mortgage loans, net of required over-collateralization amounts, under a blanket lien arrangement at December 31, 2013 and 2012, respectively.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Dec. 31, 2013
Stockholders' Equity Note [Abstract]	'
Stockholders' Equity Note Disclosure [Text Block]	'
	NOTE 7—STOCKHOLDERS’ EQUITY
	In September 2009, the Company completed its offering of Series A preferred stock and issued 125,000 shares of Series A preferred at $20 per share for net proceeds of $2,500,000. The Series A shares had no right to require the Company to redeem the shares. The Series A shares were entitled to receive their liquidation preference before any distribution is made on common stock. The shares were convertible after the third anniversary of issuance by the holder or the Company to that number of common shares equal to the liquidation preference divided by the then current tangible book value per common share of stock. The Series A shares voted together with the common stock and are entitled to noncumulative dividends at the Prime Rate, as reported in the Wall Street Journal, plus 1.5% reset quarterly, with a floor of 4.75%. Dividends were payable only when declared by the Board of Directors.
	In December of 2009, the Company completed its first offering of Series B preferred stock and issued 400,000 shares at $20 per share for net proceeds of $8,000,000. The Series B shares had substantially the same rights as the Series A shares with a few differences. The Series B shares were convertible after the third anniversary of issuance by the holder or the Company to the number of common shares equal to the stated value of the shares divided by one-and-a-half times the then book value per share of the Company’s common stock upon 60 days’ notice. The Series B shares were non- voting and entitled to a 4% non-cumulative dividend for the first year and non-cumulative dividends after the first year at the Prime Rate with a maximum dividend rate of 7%. The Series B shares ranked pari passu with the Series A shares.
	In January of 2010, the Company completed another offering of Series B preferred stock and issued 50,200 shares at $20 per share for net proceeds of $1,004,000.
	In December of 2010, the Company completed a third offering of Series B preferred stock and issued 190,975 shares at $20 per share for net proceeds of $3,820,000.
	In January of 2011, the Company completed another offering of Series B preferred stock and issued 59,025 shares at $20 per share for net proceeds of $1,180,000.
	In March of 2012 the Company completed its first offering of Series C preferred stock and issued 7,500 shares at $1,000 per share for net proceeds of $7,500,000. The Shares did not bear voting rights, except in certain circumstances required by law, and were entitled to non-cumulative dividends at a variable rate equal to the prime rate as reported in the Wall Street Journal from time to time, with a maximum dividend rate of 7% per annum. In addition, the Shares were convertible into shares of our common stock at the election of the holder, and the Company could require conversion of the Shares into shares of our common stock, any time, at a ratio equal to the purchase price ($1,000) divided by the product of 1.25 multiplied by the then current book value per share of our common stock. The series C shares ranked pari passu with Series A and B shares.
	During 2012, the Series A preferred shares were converted into 127,676 common shares at an average conversion price of $19.58, the Series B preferred shares were converted into 475,857 common shares at an average conversion price of $29.44, and the Series C preferred shares were converted into 306,388 common shares at an average price of $24.48.
	On February 11, 2013, the company completed its initial public offering and issued 1,840,000 shares of common stock at $28 per share for net proceeds, after expenses of $3.8 million, of approximately $47.7 million.

STOCK_OPTION_PLANS_AND_EQUITY_

STOCK OPTION PLANS AND EQUITY COMPENSATION PLAN	12 Months Ended
	Dec. 31, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	'
	NOTE 8—STOCK OPTION PLANS AND EQUITY COMPENSATION PLAN
	In 2005, the Company adopted two stock option plans that were approved by stockholders on April 29, 2005. The 2005 A Stock Option Plan provides for granting of stock options to directors and employees to purchase up to 120,000 shares. The determination of the recipients of these options and the vesting of these options is at the discretion of the Board of Directors. The shares granted under this plan may be either non-qualified options or “incentive stock options,” which are subject to the limitations under Section 422 of the Internal Revenue Code. Under this plan, “incentive stock options” must have an exercise price of no less than 100% of the fair market value of the common stock on the date of grant, and non-qualified options may have an exercise price to be determined by the Board of Directors at grant, but no less than 85% of the fair market value of the common stock on the date of grant.
	The 2005 B Stock Option plan permits grants of options to directors and employees to purchase up to 60,000 shares of common stock. The terms of this plan are substantially the same as the A Plan, with the exception that under the B Stock Option Plan, only non-qualified options may be granted.
	In 2006, the Company adopted the 2006 Equity Compensation Plan. This plan provides for granting of 45,300 stock options or restricted stock awards to directors and employees. The determination of the recipients of the equity compensation and the related vesting is at the discretion of the Board of Directors. Stock options granted under this plan may be either non-qualified options or “incentive stock options,” which are subject to the limitations under Section 422 of the Internal Revenue Code. Under this plan, the non-qualified options and “incentive stock options” must have an exercise price of no less than 100% of the fair market value of the common stock on the date of grant.
	In 2008, the Company adopted the 2008 Equity Compensation Plan. The plan provides for granting of 108,099 stock options or restricted awards to directors and employees. The determination of the recipients of the equity compensation and the related vesting is at the discretion of the Board of Directors. Stock options granted under this plan may be either non-qualified options or “incentive stock options,” which are subject to the limitations under Section 422 of the Internal Revenue Code. Under this plan, the non-qualified options and “incentive stock options” must have an exercise price of no less than 100% of the fair market value of the common stock on the date of grant.
	In 2009, the Company adopted the 2009 Equity Compensation Plan. The plan provides for granting of 111,113 stock options or restricted awards to directors and employees. The determination of the recipients of the equity compensation and the related vesting is at the discretion of the Board of Directors. Stock options granted under this plan may be either non-qualified or incentive stock options, which are subject to the limitations under Section 422 of the Internal Revenue Code. Under this plan, the non-qualified options must have an exercise price of no less than 100% of the fair market value of the common stock on the date of grant.
	In 2012, the Company adopted the 2012 Equity Compensation Plan. The plan provides for granting of 125,000 stock options, restricted awards or performance units, or any combination thereof, to directors, employees, members of any advisory committee or any other service provider to the Company. The determination of the recipients of awards, the types of awards granted and the specific terms of each award is at the discretion of the Compensation Committee of the Board of Directors, subject to the terms of the Plan. Stock options granted under this plan may be either non-qualified or incentive stock options, which are subject to the limitations under Section 422 of the Internal Revenue Code. Under this plan, the non-qualified options must have an exercise price of no less than 100% of the fair market value of the common stock on the date of grant.
	The fair value of each option award is estimated on the date of grant using a closed form option valuation (Black-Scholes) model. Expected volatilities are based on estimated historical volatilities of the Company’s common stock. The expected term of options granted is based on historical data and represents the period of time that options granted are expected to be outstanding, which takes into account that the options are not transferable. The risk-free interest rate for the expected term of the option is based on the U.S. Treasury yield curve in effect at the time of the grant. The fair value of stock options granted during 2012 was $4.94 on the date of grant using the Black-Scholes option pricing model with the following assumptions for 2012: stock price volatility of 27.63%, risk free interest rate of .84%, 0% dividend rate and expected life of 5.5 years. No options were granted in 2011.
	At December 31, 2013, there were 106,985 options available for grants under the plans.
	A summary of the activity in the stock option plan for 2013 follows:
		Shares			Weighted			Weighted			Aggregate
					Average			Average			Intrinsic
					Exercise			Remaining			Value
					Price			Contractual
								Term (Years)
	Oustanding at beginning of year		300,438			$	12.32
	Granted		—				—
	Exercised		—				—
	Forfeited		—				—
	Expired		—				—
	Oustanding at end of year		300,438			$	12.32		$	3.4		$	8,202,320
	Fully vested and expected to vest		300,438			$	12.32		$	3.4		$	8,202,320
	Exercisable at end of year		286,687			$	12.04		$	3.18		$	7,911,794
	As of December 31, 2013 and 2012, there was zero unrecognized compensation cost related to nonvested stock options granted under the Plan. Aggregate intrinsic value is based on $39.63, which was the closing market price of our common stock at December 31, 2013. There were no stock options granted in 2013 and 2012. There were no material expenses related to vesting of stock options in 2013 and 2012.
	In conjunction with the plans above, the Company granted restricted shares to certain executive officers. Compensation expense is recognized over the vesting period of the awards based on the fair value of the stock at issue date. The fair value of the stock granted prior to our IPO was based on the book value of stock on the date of the grant. The fair value of the stock granted after our IPO was based on the closing market price of our common stock as of the grant date. Generally, grants of restricted shares vest one-third, each, on the first, second and third anniversaries of the grant date.
	A summary of changes in the Company’s nonvested restricted shares for the year ended December 31, 2013 follows:
	Nonvested Shares	Shares			Weighted-
					Average
					Grant-Date
					Fair Value
	Nonvested at December 31, 2012		10,075			$	18.26
	Granted		14,925				22.76
	Vested		(5,725	)			17.73
	Forfeited		—				—
	Nonvested at December 31, 2013		19,275			$	21.9
	As of December 31, 2013, there was $289,000 of total unrecognized compensation cost related to nonvested shares granted under the plans. The cost is expected to be recognized over a weighted average period of 12.1 months. The total fair value of shares vested during year ended December 31, 2013 and 2012, was $152,000 and 42,000, respectively. There were no material expenses related to vesting of restricted stock expense in 2013 or 2012.
	On August 7, 2013, the Company granted to various key employees performance unit awards, with each unit entitling the holder to one share of the Company’s common stock contingent upon the Company meeting or exceeding certain return on asset targets over the course of a three-year period commencing July 1, 2013. Under the agreement, and assuming the Company has met or exceeded the applicable targets, grants of performance unit awards will vest one-third, each, on the third, fourth and fifth anniversaries of the grant date. At December 31, 2013, the specific number of shares related to performance unit awards that were expected to vest was 85,313, determined by actual performance in consideration of the established range of the performance targets, which is consistent with the level of expense currently being recognized over the vesting period. Should this expectation change, additional compensation expense could be recorded in future periods or previously recognized expense could be reversed. The maximum amount of performance unit awards is 102,375.
	A summary of the status of unearned performance unit awards and the change during the period is presented in the table below:
		Shares			Weighted-
					Average
					Grant-Date
					Fair Value
	Unearned at December 31, 2012		—			$	—
	Awarded		85,313				32.35
	Forfeited		—				—
	Expired		—				—
	Unearned at December 31, 2013		85,313			$	32.35
	The company recognized $253,000 in stock-based compensation expenses for services rendered for the year ended December 31, 2013. At December 31, 2013, compensation cost of $2,506,000 related to nonvested awards not yet recognized is expected to be recognized over a weighted-average period of 3.5 years.

INCOME_TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2013
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	NOTE 9—INCOME TAXES
	The components of income tax expense for the years ended December 31, 2013, 2012 and 2011 are as follows (dollars in thousands):
		2013				2012				2011
	Current expense
	Federal		$	7,773			$	5,931			$	3,224
	State			1,648				1,850				968
	Deferred expense (benefit)
	Federal			(2,288	)			(1,558	)			231
	State			(600	)			(512	)			81
			$	6,533			$	5,711			$	4,504
	A reconciliation of the statutory federal income tax to the income tax expense included in the statements of income for the years ended December 31, 2013, 2012 and 2011 is as follows (dollars in thousands):
		2013				2012				2011
	Income before income tax expense		$	16,803			$	14,132			$	11,170
	Federal statutory rate			35	%			34	%			34	%
	Federal income tax at statutory rate		$	5,881			$	4,805			$	3,798
	State income taxes, net of federal benefit			681				883				693
	Change in cash surrender value of bank-owned life insurance			67				—				—
	Tax-exempt interest income, net			(6	)			—				—
	Non-deductible expenses and other			(90	)			23				13
			$	6,533			$	5,711			$	4,504
	The components of the net deferred tax asset at the years ended December 31, 2013 and 2012 are as follows (dollars in thousands):
	Deferred tax assets:
	Allowance for loan losses		$	6,527			$	5,253
	Equity based compensation			291				185
	Deferred loan fees			488				171
	Accrued compensation			433				—
	Nonaccrual loan interest income			113				—
	Unrealized loss on available for sale securities			77				—
	Other			98				88
	Total deferred tax assets			8,027				5,697
	Deferred tax liabilities
	Premises and equipment			221				802
	Section 481 adjustment			169				134
	Unrealized gain on securities available for sale			—				335
	Other			23				112
				413				1,383
	Net deferred tax asset		$	7,614			$	4,314
	Based upon the level of historical taxable income, management believes it is more likely than not that the Company will realize the benefits of these deductible differences.
	At December 31, 2013 and 2012, the Company had no unrecognized tax benefits. The Company does not expect the total amount of unrecognized tax benefits to significantly increase within the next twelve months. The Company’s policy is to account for interest as a component of interest expense and penalties as a component of other expense. There was no amount of interest and penalties recorded in the income statement for the years ended December 31, 2013, 2012 and 2011.
	The Company and its subsidiary are subject to U.S. federal income tax as well as income tax of the State of New Jersey. The Company is no longer subject to examination by taxing authorities for years before 2010.

TRANSACTIONS_WITH_EXECUTIVE_OF

TRANSACTIONS WITH EXECUTIVE OFFICERS, DIRECTORS AND PRINCIPAL STOCKHOLDERS	12 Months Ended
	Dec. 31, 2013
Related Party Transactions [Abstract]	'
Related Party Transactions Disclosure [Text Block]	'
	NOTE 10—TRANSACTIONS WITH EXECUTIVE OFFICERS, DIRECTORS AND PRINCIPAL STOCKHOLDERS
	Loans to principal officers, directors, and their affiliates during the years ended December 31, 2013 and 2012, were as follows (dollars in thousands):
		2013				2012
	Beginning balance		$	22,185			$	22,984
	New loans			2,560				8,162
	Repayments			(1,423	)			(8,961	)
	Ending balance		$	23,322			$	22,185
	Deposits from principal officers, directors, and their affiliates at December 31, 2013 and 2012, were $34,620,000 and $26,475,000, respectively.
	The Company has had, and may be expected to have in the future, banking transactions in the ordinary course of business with its executive officers, directors, principal stockholders, their immediate families and affiliated companies (commonly referred to as related parties). The company also leases branch facilities from related party entities. Total expenses to these entities were $570,000, $538,000 and $436,000 for the years ended December 31, 2013, 2012 and 2011, respectively. The Company also utilizes an advertising and public relations agency at which one of the Company’s directors is President and CEO and a principal owner. Advertising expenses with this agency were $244,000, $526,000 and $259,000 for the years ended December 31, 2013, 2012 and 2011, respectively. Advertising expenses with this agency declined year over year primarily due to the Company being billed directly from third- party media vendors in 2013 that were previously billed on a pass-through basis. In addition, 2012 expenses included costs affiliated with the re-branding of the Company.

FINANCIAL_INSTRUMENTS_WITH_OFF

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK	12 Months Ended
	Dec. 31, 2013
Disclosure Text Block Supplement [Abstract]	'
Financial Instruments Disclosure [Text Block]	'
	NOTE 11—FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK
	The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit. Such commitments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the balance sheet.
	The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments.
	The contract or notional amount of financial instruments where contract amounts represent credit risk at December 31, 2013 and 2012, are as follows (dollars in thousands):
		2013			2012
	Commitments to grant loans		$	243,600		$	90,858
	Unused lines of credit			35,073			38,365
	Standby letters of credit			2,222			1,696
	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. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. The Company evaluates each customer’s credit worthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation. Collateral held varies but may include personal or commercial real estate, accounts receivable, inventory and equipment.
	Outstanding letters of credit written are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. The majority of these standby letters of credit expire within the next twelve months. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending other loan commitments. The Company requires collateral supporting these letters of credit as deemed necessary. The current amount of the liability as of December 31, 2013 and 2012, for guarantees under standby letters of credit issued was not material.

REGULATORY_MATTERS

REGULATORY MATTERS	12 Months Ended
	Dec. 31, 2013
Disclosure Text Block [Abstract]	'
Regulatory Capital Requirements under Banking Regulations [Text Block]	'
	NOTE 12—REGULATORY MATTERS
	The Company and Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet the minimum capital requirements can initiate certain mandatory and possibly additional discretionary-actions by regulators that, if undertaken, could have a direct material effect on the Company’s and Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and Bank must meet specific capital guidelines that involve quantitative measures of the Company’s and Bank’s assets, liabilities and certain off-balance sheet items as calculated under regulatory accounting practices. The Company’s and Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk-weightings and other factors.
	Quantitative measures established by regulation to ensure capital adequacy require the Bank and the Company to maintain minimum amounts and ratios (set forth below) of total and Tier 1 capital (as defined in the regulations) to risk-weighted asset and of Tier 1 capital to average assets. Management believes, as of December 31, 2013 and 2012, that the Company and the Bank meet all capital adequacy requirements to which they are subject. At year-end 2013 and 2012, the most recent regulatory notifications categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. There are no conditions or events since that notification that management believes have changed the institutions category.
	Actual and required capital and ratios are presented below for December 31, 2013 and 2012 (dollars in thousands):
		Actual						For Capital						To Be Well
								Adequacy						Capitalized
								Requiremnts						Under
														Prompt
														Corrective
														Action
														Provisions
		Amount			Ratio			Amount			Ratio			Amount			Ratio
	31-Dec-13
	Total capital to risk-weighted assets:
	Company		$	143,912		12.91	%		$	89,059		8	%			N/A		N/A
	Bank			143,574		12.88				89,059		8			$	111,323		10	%
	Tier 1 capital to risk-weighted assets:
	Company			129,986		11.68				44,529		4				N/A		N/A
	Bank			129,648		11.65				44,529		4				66,794		6
	Tier 1 capital to total assets:
	Company			129,986		10.74				48,429		4				N/A		N/A
	Bank			129,648		10.71				48,429		4				60,537		5
	31-Dec-12
	Total capital to risk-weighted assets:
	Company		$	81,282		10.52	%		$	61,835		8	%			N/A		N/A
	Bank			81,262		10.51				61,835		8			$	77,294		10	%
	Tier 1 capital to risk-weighted assets:
	Company			71,576		9.26				30,918		4				N/A		N/A
	Bank			71,556		9.26				30,918		4				46,376		6
	Tier 1 capital to total assets:
	Company			71,576		7.84				36,498		4				N/A		N/A
	Bank			71,556		7.84				36,498		4				45,623		5
	The Bank is subject to certain regulatory restrictions on the amount of dividends that it may declare to the parent corporation without regulatory approval.

FAIR_VALUE_MEASUREMENTS_AND_FA

FAIR VALUE MEASUREMENTS AND FAIR VALUE OF FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2013
Disclosure Text Block [Abstract]	'
Fair Value, Measurement Inputs, Disclosure [Text Block]	'
	NOTE 13—FAIR VALUE MEASUREMENTS AND FAIR VALUE OF FINANCIAL INSTRUMENTS
	Management uses its best judgment in estimating the fair value of the Company’s financial instruments; however, there are inherent weaknesses in any estimation technique. The estimated fair value amounts have been measured as of December 31, 2013 and 2012, and have not been re-evaluated or updated for purposes of these consolidated financial statements subsequent to those respective dates. As such, the estimated fair values of these financial instruments subsequent to the respective reporting dates may be different than the amounts reported at each year end.
	Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair values:
	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 Company used the following methods and significant assumptions to estimate fair value:
	An asset’s or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement.
	Investment Securities: The fair values for investment securities are determined by quoted market prices, if available (Level 1). For securities where quoted prices are not available, fair values are calculated based on market prices of similar securities (Level 2). For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows or other market indicators (Level 3). Discounted cash flows are calculated using spread to swap and LIBOR curves that are updated to incorporate loss severities, volatility, credit spread and optionality. During times when trading is more liquid, broker quotes are used (if available) to validate the model. Rating agency and industry research reports as well as defaults and deferrals on individual securities are reviewed and incorporated into the calculations.
	Impaired Loans: The fair value of impaired loans with specific allocations of the allowance for loan losses is generally based on recent real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are usually significant and typically result in a Level 3 classification of the inputs for determining fair value.
	For financial assets measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used at December 31, 2013 and 2012 are as follows (dollars in thousands):
	Assets and Liabilities Measured on a Recurring Basis
		Fair Value Measurements Using
		Quoted Prices						Significant				Significant
		in Active						Other				Unobservable
		Markets for						Observable				Inputs
		Identical Assets						Inputs				(Level 3)
		(Level 1)						(Level 2)
	31-Dec-13
	Securities:
	U.S. Treasury securities		$		1,803				$	—			$	—
	States and political subdivisions				—					4,335				—
	Asset-backed securities:
	Residential mortgages				—					9,657				—
	Student loans				—					4,548				—
	Small business				—					1,391
	Equity securities				—					5,855				—
	31-Dec-12
	Securities:
	U.S. government sponsored agencies		$		—				$	1,005			$	—
	Asset-backed securities:
	Residential mortgages				—					12,029				—
	Equity securities				—					6,218				—
	Assets and Liabilities Measured on a Non-recurring Basis
	Assets measured at fair value on a non-recurring basis are summarized below (dollars in thousands):
		Fair Value Measurements Using
		Quoted Prices						Significant				Significant
		in Active						Other				Unobservable
		Markets for						Observable				Inputs
		Identical Assets						Inputs				(Level 3)
		(Level 1)						(Level 2)
	31-Dec-13
	Impaired loans:
	Commercial real estate		$		—				$	—			$	1,828
	Commercial				—					—				1,865
	31-Dec-12
	Impaired loans:
	Commercial real estate		$		—				$	—			$	2,354
	As of December 31, 2013, impaired loans, which have a specific reserve and are measured for impairment using the fair value of the collateral, had an unpaid principal balance of $4,725,000 with a valuation allowance of $1,032,000, resulting in an additional provision for loan losses of $794,000 for the year ended December 31, 2013.
	As of December 31, 2012, impaired loans, which are measured for impairment using the fair value of the collateral for collateral dependent loans, had an unpaid principal balance of $3,387,000, with a valuation allowance of $1,033,000, resulting in an additional provision for loan losses of $558,000 for the year ended December 31, 2012.
	The following table presents quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at December 31, 2013 (dollars in thousands):
		Fair Value		Valuation		Unobservable Input(s)	Discount			Weighted
				Technique(s)			Range			Average
	Impaired loans:
	Commercial real estate
		$1,828		Sales comparison		Adjustments for differences between the comparable sales.	5%-15%				8%
				Income approach		Adjustments for differences in net operating income expectations.	4%				4%
	Commercial	$1,865		Sales comparison		Adjustments for differences between the comparable sales.	39%				39%
	The following table presents quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at December 31, 2012 (dollars in thousands):
		Fair Value		Valuation		Unobservable Input(s)	Discount			Weighted
				Technique(s)			Range			Average
	Commercial real estate										20%
		$2,354		Sales comparison		Adjustments for differences between the comparable sales.	10%-25%
			Income approach		Adjustments for differences in net operating income expectations.	4%				4%
The carrying value and estimated fair value of financial instruments as of December 31, 2013 and December 31, 2012 are summarized below (dollars in thousands):
2013	Carrying Value						Fair Value Measurements at December 31 Using
							Quoted Prices				Significant			Significant
							in Active				Other			Unobservable
							Markets for				Observable			Inputs
							Identical Assets				Inputs			(Level 3)
							(Level 1)				(Level 2)
Financial assets:
Cash and due from banks		$		2,907				$	2,907			$	—		$	—
Interest bearing deposits				31,459					31,459				—			—
Securities available for sale				27,589					1,803				25,786			—
Securities held to maturity				1,027					—				1,077			—
FHLB Stock				4,744					n/a				n/a			n/a
Loans held for sale				575					—				583			—
Loans receivable, gross				1,151,904					—				—			1,151,870
Accrued interest receivable				4,102					—				99			4,003
Financial liabilities:
Deposits:
Demand, NOW, money market and savings		$		550,096				$	550,096			$	—		$	—
Certificates of deposit				415,711					—				419,467			—
Borrowings				137,558					—				141,902			—
Accrued interest payable				2,762					—				2,762			—
2012
Financial assets:
Cash and due from banks		$		3,242				$	3,242			$	—		$	—
Interest bearing deposits				47,387					47,387				—			—
Securities available for sale				19,252					—				19,252			—
Securities held to maturity				1,985					—				2,084			—
FHLB Stock				7,622					n/a				n/a			n/a
Loans held for sale				405					—				414			—
Loans receivable, gross				849,269					—				—			874,438
Accrued interest receivable				3,361					—				68			3,293
Financial liabilities:
Deposits:
Demand, NOW, money market and savings		$		505,264				$	505,264			$	—		$	—
Certificates of deposit				264,054					—				277,614			—
Borrowings				79,568					—				81,703			—
Accrued interest payable				2,803					—				2,803			—
The methods and assumptions, not previously presented, used to estimate fair values for the periods ended December 31, 2013 and December 31, 2012, are described as follows:
Cash and due from banks and interest bearing deposits: The carrying amounts of cash and short-term instruments approximate fair values and are classified as Level 1.
Loans: Fair value of loans, excluding loans held for sale, is estimated as follows: For variable rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values resulting in a Level 3 classification. Fair values for other loans are estimated using discounted cash flow analyses, using interest rates currently being offered for loans with similar terms to borrowers of similar credit quality resulting in a Level 3 classification. Impaired loans are valued at the lower of cost or fair value as described previously.
The methods utilized to estimate the fair value of loans do not necessarily represent an exit price. The fair value of loans held for sale is estimated based upon binding contracts and quotes from third party investors resulting in a Level 2 classification.
FHLB Stock: It is not practical to determine the fair value of FHLB Stock due to restrictions placed on its transformatility.
Deposits: The fair values disclosed for demand deposits (e.g., interest and non-interest checking, passbook savings, and certain types of money market accounts) are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amount) resulting in a Level 1 classification. The carrying amounts of variable rate, fixed-term money market accounts and certificates of deposit approximate their fair values at the reporting date resulting in a Level 1 classification. Fair values for fixed rate certificates of deposit are estimated using a discounted cash flow calculation that applies interest rates currently being offered on certificates to a schedule of aggregated expected monthly maturities on time deposits resulting in a Level 2 classification.
Borrowings: Borrowings consist of Federal Home Loan Bank of New York borrowings which are estimated using a discounted cash flow calculation that applies interest rates currently being offered to a schedule of aggregated expected monthly Federal Home Loan borrowings maturities.
Accrued interest receivable/payable: The carrying amounts of accrued interest approximate the fair value resulting in a Level 1, Level 2 or Level 3 classification.

PARENT_COMPANY_ONLY_CONDENSED_

PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION	12 Months Ended
	Dec. 31, 2013
Condensed Financial Information of Parent Company Only Disclosure [Abstract]	'
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	'
	NOTE 14—PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION
	CONDENSED STATEMENTS OF FINANCIAL CONDITION
	December 31,
		2013				2012
		(in thousands)
	ASSETS
	Cash and cash equivalents		$	79			$	27
	Other assets			259				—
	Investment in banking subsidiary			129,790				72,342
	Total assets		$	130,128			$	72,369
	LIABILITIES AND EQUITY
	Accrued expenses and other liabilities		$	—			$	7
	Stockholders’ equity			130,128				72,362
	Total liabilities and stockholders’ equity		$	130,128			$	72,369
	CONDENSED STATEMENTS OF COMPREHENSIVE INCOME
	Years Ended December 31,
		2013				2012				2011
	Equity in undistributed subsidary income		$	10,270			$	8,421			$	6,666
	Net Income		$	10,270			$	8,421			$	6,666
	Comprehensive Income		$	9,656			$	8,307			$	6,857
	CONSOLIDATED STATEMENTS OF CASH FLOWS
	Years Ended December 31,
		2013				2012				2011
		(in thousands)
	Cash Flows From Operating Activities:
	Net Income		$	10,270			$	8,421			$	6,666
	Adjustments:
	Equity in undistributed subsidary income			(10,270	)			(8,421	)			(6,666	)
	Change in other liabilities			(7	)			(197	)			33
	Net cash provided by (used in) operating activities			(7	)			(197	)			33
	Cash Flows From Investing Activities:
	Investment in subsidiaries			(47,656	)			(7,094	)			(588	)
	Net cash used in investing activities			(47,656	)			(7,094	)			(588	)
	Cash Flows From Financing Activities:
	Proceeds from preffered stock issuance			47,715				7,500				1,180
	Preferred stock dividends			—				(354	)			(600	)
	Net cash provided by financing activities			47,715				7,146				580
	Net change in cash and cash equivalents			52				(145	)			25
	Beginning cash and cash equivalents			27				172				147
	Ending cash and cash equivalents		$	79			$	27			$	172

EARNINGS_PER_SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2013
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	NOTE 15—EARNINGS PER SHARE
	The factors used in the earnings per share computation follow (in thousands, except per share data):
		2013			2012			2011
	Basic:
	Net income available to common stockholders		$	10,270		$	8,067		$	6,066
	Weighted average common shares outstanding			4,774			2,701			2,242
	Basic earnings per common share		$	2.15		$	2.99		$	2.71
	Diluted:
	Net income available to common stockholders		$	10,270		$	8,067		$	6,066
	Add: Preferred dividends			—			354			600
	Net Income		$	10,270		$	8,421			6,666
	Weighted average common shares outstanding for basic earnings per common share			4,774			2,701			2,242
	Add: Dilutive effects of assumed exercises of stock options and stock awards			145			83			55
	Add: Dilutive effects of assumed vesting of performance units			—			413			766
	Average shares and dilutive potential common shares			4,919			3,197			3,063
	Diluted earnings per common share		$	2.09		$	2.63		$	2.18
	There were no stock options that resulted in anti-dilution for the periods presented.

QUARTERLY_FINANCIAL_DATA_unaud

QUARTERLY FINANCIAL DATA (unaudited)	12 Months Ended
	Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]	'
Quarterly Financial Information [Text Block]	'
	NOTE 16—QUARTERLY FINANCIAL DATA (unaudited)
	Selected Consolidated Quarterly Financial Data	March 31,				June 30,			September 30,			December 31,
	2013 Quarter Ended,
		(in thousands, except per share data)
	Total interest income		$		10,912		$	11,352		$	12,158		$	12,881
	Total interest expense				1,528			1,526			1,608			1,814
	Net interest income				9,384			9,826			10,550			11,067
	Provision for loan losses				925			950			1,300			1,400
	Net interest income after provision for loan losses				8,459			8,876			9,250			9,667
	Non-interest income				259			301			293			349
	Non-interest expense				4,741			4,925			5,220			5,765
	Income before income taxes				3,977			4,252			4,323			4,251
	Income tax expense				1,641			1,755			1,736			1,401
	Net income		$		2,336		$	2,497		$	2,587		$	2,850
	Earnings per share:(1)
	Basic		$		0.58		$	0.5		$	0.52		$	0.57
	Diluted		$		0.56		$	0.49		$	0.5		$	0.55
	Selected Consolidated Quarterly Financial Data	March 31,				June 30,			September 30,			December 31,
	2012 Quarter Ended,
		(in thousands, except per share data)
	Total interest income		$		9,304		$	10,369		$	10,289		$	10,825
	Total interest expense				1,561			1,553			1,611			1,594
	Net interest income				7,743			8,816			8,678			9,231
	Provision for loan losses				750			1,140			950			1,150
	Net interest income after provision for loan losses				6,993			7,676			7,728			8,081
	Non-interest income				245			277			294			326
	Non-interest expense				4,148			4,457			4,335			4,548
	Income before income taxes				3,090			3,496			3,687			3,859
	Income tax expense				1,248			1,418			1,488			1,557
	Net income				1,842			2,078			2,199			2,302
	Dividends on preferred stock				146			206			2			—
	Net income available to common stockholders		$		1,696		$	1,872		$	2,197		$	2,302
	Earnings per share:(1)
	Basic		$		0.76		$	0.83		$	0.7		$	0.73
	Diluted		$		0.62		$	0.62		$	0.68		$	0.71
	-1			Earnings per share (EPS) in each quarter is computed using the weighted-average number of shares outstanding during that quarter while EPS for the full year is computed using the weighted-average number of shares outstanding during the year. Thus, the sum of the four quarters’ EPS will not necessarily equal the full-year EPS.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2013
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	NOTE 17—SUBSEQUENT EVENTS
	On January 20, 2014, the Company, entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Center Bancorp, Inc. (NASDAQ: “CNBC”) (“Center Bancorp”). The Merger Agreement provides that, upon the terms and subject to the conditions set forth therein, the Company will merge with and into Center Bancorp, with Center Bancorp continuing as the surviving entity (the “Merger”). The Merger Agreement also provides that, immediately following the consummation of the Merger, Union Center National Bank, a commercial bank chartered pursuant to the laws of the United States (“Union Center”) and a wholly-owned subsidiary of Center Bancorp, will merge with and into the Bank, with the Bank continuing as the surviving bank. Upon completion of the Merger, each share of common stock of the Company will be converted into and become the right to receive 2.6 shares of common stock, no par value per share, of Center Bancorp. Immediately after consummation of the transaction, the directors of the resulting corporation and the resulting bank shall consist of six individuals who previously served as Center Bancorp Directors and six Directors who previously served as Directors of the Company, each to hold office in accordance with the Amended and Restated Certificate of Incorporation and the by-laws of the surviving corporation until their respective successors are duly elected or appointed and qualified. The officers of the surviving corporation shall consist of (i) Frank S. Sorrentino III as Chairman, President and Chief Executive Officer; (ii) William S. Burns, Chief Financial Officer; and (iii) Anthony Weagley, current President and Chief Executive Officer of Center Bancorp, as Chief Operating Officer.
	Completion of the Merger is subject to various conditions, including, among others, (i) approval by shareholders of Center Bancorp and the Company of the Merger Agreement and the transactions contemplated thereby, (ii) the receipt of all necessary approvals and consents of governmental entities required to consummate the transactions contemplated by the Merger Agreement, (iii) the absence of any order or proceeding which prohibits the Merger or the Bank Merger and (iv) the receipt by each of Center Bancorp and ConnectOne Bancorp of an opinion to the effect that the Merger will be treated as a reorganization qualifying under Section 368(a) of the Internal Revenue Code of 1986, as amended. Each party’s obligation to consummate the Merger is also subject to certain customary conditions, including (i) subject to certain exceptions, the accuracy of the representations and warranties of the other party, (ii) performance in all material respects of its agreements, covenants and obligations and (iii) the delivery of certain certificates and other documents.
	The Company expects the Merger to be completed in either the second or third quarter of 2014.
	On January 27, 2014, a complaint was filed against the Company and the members of its Board of Directors in the Superior Court of New Jersey, BergenCounty, seeking class action status and asserting that the Company and the members of its Board had violated their duties to the Company’s shareholders in connection with the proposed merger with Center Bancorp, Inc. Subsequently, several additional complaints also seeking class action status and raising substantially the same allegations, were filed in the Superior Court of New Jersey, Bergen County. The plaintiffs propose to consolidate these cases. The litigation is in its very early stages, and the Company’s time to answer has not yet run. The Company believes these complaints are without merit, and intends to vigorously defend these complaints.