Poage Bankshares (PBSK) 10-Q 10 Aug 16 2016 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 10, 2016
Document And Entity Information [Abstract]
Entity Registrant Name	Poage Bankshares, Inc.
Entity Central Index Key	1,511,071
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Trading Symbol	pbsk
Entity Common Stock, Shares Outstanding		3,780,342
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Cash and due from financial institutions	$ 11,603	$ 23,876
Interest-bearing deposits in other financial institutions	1,992	1,992
Securities available for sale	62,012	63,975
Loans held for sale	391	367
Loans, net of allowance of $2,067 and $1,858	341,300	314,143
Restricted stock, at cost	3,276	3,276
Other real estate owned, net	1,812	1,306
Premises and equipment, net	11,448	11,514
Company owned life insurance	7,031	6,941
Accrued interest receivable	1,377	1,340
Goodwill	1,277	1,277
Other intangible assets, net	1,179	1,353
Deferred tax asset	956	1,617
Other assets	2,431	2,111
Total assets	448,085	435,088
Deposits
Non-interest bearing	47,485	49,222
Interest bearing	296,744	293,908
Total deposits	344,229	343,130
Federal Home Loan Bank advances	26,432	15,803
Subordinated debenture	2,793	2,761
Accrued interest payable	91	38
Other liabilities	3,541	2,115
Total liabilities	377,086	363,847
Commitments and contingent liabilities
Shareholders' equity
Common stock, $.01 par value, 30,000,000 shares authorized, 3,787,062 and 3,894,282 issued and outstanding at June 30, 2016 and December 31, 2015, respectively	38	39
Additional paid-in-capital	37,108	38,673
Retained earnings	34,998	34,270
Unearned Employee Stock Ownership Plan (ESOP) shares	(2,058)	(2,125)
Accumulated other comprehensive income	913	384
Total shareholders' equity	70,999	71,241
Total liabilities and shareholders' equity	$ 448,085	$ 435,088

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
CONSOLIDATED BALANCE SHEETS
Loans allowance (in dollars)	$ 2,067	$ 1,858
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	30,000,000	30,000,000
Common stock, shares issued	3,787,062	3,894,282
Common stock, shares outstanding	3,787,062	3,894,282

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Interest and dividend income
Loans, including fees	$ 4,361	$ 4,180	$ 8,678	$ 8,389
Taxable securities	241	243	496	504
Tax-exempt securities	111	105	222	207
Federal funds sold and other	49	36	100	70
Total Interest and Dividend Income	4,762	4,564	9,496	9,170
Interest expense
Deposits	485	450	957	897
Federal Home Loan Bank advances and other	100	102	191	205
Total Interest Expense	585	552	1,148	1,102
Net interest income	4,177	4,012	8,348	8,068
Provision for loan losses	85	394	460	485
Net interest income after provision for loan losses	4,092	3,618	7,888	7,583
Non-interest income
Service charges on deposits	513	491	1,006	932
Other service charges	13	11	27	21
Loan servicing fees	139	175	205	266
Gains on mortgage banking activity	54	82	97	150
Net losses on call of securities	(3)		(3)
Income from company owned life insurance	45	45	90	90
Bargain purchase gain		1,555		1,555
Other	7	2	12	47
Total Non-Interest Income	768	2,361	1,434	3,061
Non-interest expense
Salaries and employee benefits	1,843	1,870	3,721	3,713
Occupancy and equipment	508	394	872	791
Data processing	616	548	1,323	1,097
Federal deposit insurance	51	55	116	120
Loan processing and collection	85	90	160	161
Foreclosed assets, net	64	63	115	169
Advertising	68	42	116	80
Professional fees	137	251	258	437
Other taxes	107	87	214	182
Director fees and expenses	34	57	91	110
Amortization of intangible assets	87	80	174	161
Early termination fee and conversion costs		418		418
Other	289	294	515	565
Total Non-Interest Expense	3,889	4,249	7,675	8,004
Income before income taxes	971	1,730	1,647	2,640
Income tax expense	283	14	460	338
Net income	$ 688	$ 1,716	$ 1,187	$ 2,302
Earnings (loss) per share:
Net income, basic	$ 0.19	$ 0.48	$ 0.33	$ 0.64
Net income, dilutive	0.19	0.48	0.33	0.64
Dividend per share	$ 0.06	$ 0.06	$ 0.12	$ 0.11

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
Net income	$ 688	$ 1,716	$ 1,187	$ 2,302
Other comprehensive income (loss):
Unrealized holding gains (losses) on available for sale securities	406	(561)	799	(327)
Reclassification adjustments for (gains) losses recognized in income	3		3
Net unrealized holding gains (losses) on available for sale securities	409	(561)	802	(327)
Tax effect	(139)	191	(273)	111
Other comprehensive income (loss)	270	(370)	529	(216)
Comprehensive income	$ 958	$ 1,346	$ 1,716	$ 2,086

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - 6 months ended Jun. 30, 2016 - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Unearned Employee Stock Ownership Plan Shares [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Balances at Dec. 31, 2015	$ 39	$ 38,673	$ 34,270	$ (2,125)	$ 384	$ 71,241
Net income			1,187			1,187
Stock repurchasing	(1)	(1,839)				(1,840)
Dividends paid			(459)			(459)
ESOP compensation earned		46		67		113
Stock based compensation expense		228				228
Other comprehensive income					529	529
Balances at Jun. 30, 2016	$ 38	$ 37,108	$ 34,998	$ (2,058)	$ 913	$ 70,999

CONSOLIDATED STATEMENTS OF SHA7

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical)	6 Months Ended
	Jun. 30, 2016$ / sharesshares
CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY
Treasury stock, shares, acquired	107,220
Common stock, dividends, per share, cash paid | $ / shares	$ 0.12
Forfeited	1,078

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
CASH FLOW FORM OPERATING ACTIVITIES:
Net income	$ 1,187	$ 2,302
Adjustments to reconcile net income (loss) to net cash from operating activities:
Bargain purchase gain		(1,555)
Depreciation	406	335
Provision for loan losses	460	485
ESOP compensation expense	113	103
Stock based compensation expense	228	262
Loss on call of securities	3
Gain on sale of premises and equipment	(92)
Loss on sale of other real estate owned	46	84
Gains on sales of repossessed assets		(1)
Amortization of core deposit intangible	174	161
Accretion of fair value adjustments related to loans	(427)	(581)
Accretion of fair value adjustments related to deposits	(33)	(33)
Amortization of fair value related to subordinated debenture	32	32
Net amortization on securities	173	265
Deferred income tax expense (benefit)	388	(9)
Net gain on mortgage banking activities	(97)	(150)
Origination of loans held for sale	(3,470)	(2,642)
Proceeds from loans held for sale	3,543	3,504
Increase in cash value of life insurance	(90)	(90)
Change in asset and liabilities, net of assets and liabilities acquired:
Accrued interest receivable	(37)	38
Other assets	(288)	591
Accrued interest payable	53	61
Other liabilities	1,432	772
Net cash from operating activities	3,704	3,934
Securities available for sale:
Proceeds from calls	3,655	1,000
Proceeds from maturities		405
Purchases	(4,510)	(8,030)
Principal payments received	3,444	3,433
Purchase of restricted stock		(56)
Cash paid for acquisition, net of cash acquired		2,355
Loan originations and principal payments on loans, net	(28,243)	(574)
Proceeds from the sale of other real estate owned	463	353
Proceeds from the sale of repossessed assets		55
Purchase of properties and equipment, net	(248)	(534)
Net cash from investing activities	(25,439)	(1,593)
CASH FLOW FROM FINANCING ACTIVITIES
Net change in deposits	1,132	1,908
Proceeds from Federal Home Loan Bank borrowings	60,500	23,000
Payments on Federal Home Loan Bank borrowings	(49,871)	(28,320)
Cash dividend paid	(459)	(420)
Proceeds from issuance of common stock, net of costs		1,675
Stock repurchases	(1,840)	(1,339)
Net cash from financing activities	9,462	(3,496)
CHANGE IN CASH AND CASH EQUIVALENTS	(12,273)	(1,155)
Cash and cash equivalents at beginning of period	23,876	16,967
CASH AND CASH EQUIVALENTS AT END OF PERIOD	11,603	15,812
Cash paid during the year for:
Interest on deposits and advances	1,094	1,026
Income taxes payment		350
Income taxes refund	(600)
Real estate acquired in settlement of loans	$ 1,021	$ 38

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2016
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 – BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying unaudited consolidated financial statements of Poage Bankshares, Inc. (the “Company”) and its wholly owned subsidiary Town Square Bank (which was formerly operated under the name “Home Federal Savings and Loan Association”) (the “Bank”) have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Rule 8-03 of Regulation S-X. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Estimates used in the preparation of the financial statements are based on various factors including the current interest rate environment and the general strength of the local economy. Changes in the overall interest rate environment can significantly affect the Company’s net interest income and the value of its recorded assets and liabilities. Actual results could differ from those estimates used in the preparation of the financial statements. In the opinion of management, the accompanying unaudited financial statements contain all adjustments (consisting only of normal recurring accruals) necessary to present fairly the Company’s financial position as of June 30, 2016 and December 31, 2015 and the results of operations and cash flows for the interim periods ended June 30, 2016 and 2015. All interim amounts have not been audited, and the results of operations for the interim periods herein are not necessarily indicative of the results of operations to be expected for the year. These consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto filed as part of the Company’s 2015 Annual Report on Form 10-K filed with the Securities and Exchange Commission.  

SECURITIES AVAILABLE FOR SALE

SECURITIES AVAILABLE FOR SALE	6 Months Ended
	Jun. 30, 2016
SECURITIES AVAILABLE FOR SALE [Abstract]
Securities Available for Sale	NOTE 2 - SECURITIES AVAILABLE FOR SALE The amortized cost and fair value of securities available for sale at June 30, 2016 and December 31, 2015 and the corresponding amounts of gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) were as follows (in thousands):     Gross Gross  Amortized Unrealized Unrealized Fair  Cost Gains Losses Value  June 30, 2016  States and political subdivisions $ 18,906 $ 713 $ (5) $ 19,614  U.S. Government agencies and sponsored entities 6,500 15 (3) 6,512  Government sponsored entities residential mortgage-backed:  FHLMC 11,366 294 - 11,660  FNMA 10,527 228 - 10,755  Collateralized mortgage obligations 6,484 24 (12) 6,496  SBA loan pools 6,846 129 - 6,975  Total securities $ 60,629 $ 1,403 $ (20) $ 62,012      Gross Gross  Amortized Unrealized Unrealized Fair  Cost Gains Losses Value  December 31, 2015  States and political subdivisions $ 17,398 $ 567 $ (5) $ 17,960  U.S. Government agencies and sponsored entities 9,750 - (112) 9,638  Government sponsored entities residential mortgage-backed:  FHLMC 11,499 156 (11) 11,644  FNMA 11,657 91 (21) 11,727  Collateralized mortgage obligations 7,720 - (86) 7,634  SBA loan pools 5,370 17 (15) 5,372  Total securities $ 63,394 $ 831 $ (250) $ 63,975 There were no sales of securities for the three or six months ended June 30, 2016 and June 30, 2015 .  The amortized cost and fair value of the securities portfolio at June 30, 2016 are shown in the following table by contractual maturity. Expected maturities may differ from contractual maturities if borrowers 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 (in thousands):     June 30,  2016  Amortized Fair  Cost Value   Within one year $ 439 $ 439  One to five years 13,063 13,211  Five to ten years 8,343 8,816  Beyond ten years 3,561 3,660  Mortgage-backed securities and collateralized mortgage obligations 28,377 28,911  SBA loan pools 6,846 6,975  Total $ 60,629 $ 62,012      The following table summarizes the securities with unrealized losses at June 30, 2016 and December 31, 2015, aggregated by major security type and length of time in a continuous unrealized loss position (in thousands):     Less Than 12 Months 12 Months or Longer Total  Fair Unrealized Fair Unrealized Fair Unrealized  Value Losses Value Losses Value Losses  June 30, 2016  States and political subdivisions $ 1,667 $ (5) $ - $ - $ 1,667 $ (5)  U.S. Government agencies and sponsored entities 2,997 (2) 2,500 (1) 5,497 (3)  Collateralized mortgage obligations 703 (2) 2,490 (10) 3,193 (12)  Total available-for-sale securities $ 5,367 $ (9) $ 4,990 $ (11) $ 10,357 $ (20)      Less Than 12 Months 12 Months or Longer Total  Fair Unrealized Fair Unrealized Fair Unrealized  Value Losses Value Losses Value Losses  December 31, 2015  States and political subdivisions $ 1,357 $ (5) $ - $ - $ 1,357 $ (5)  U.S. Government agencies and sponsored entities 4,212 (39) 5,426 (73) 9,638 (112)  Government sponsored entities residential mortgage backed:  FHLMC 1,429 (11) - - 1,429 (11)  FNMA 2,529 (21) - - 2,529 (21)  Collateralized mortgage obligations 5,387 (35) 2,247 (51) 7,634 (86)  SBA loan pools 1,845 (15) - - 1,845 (15)  Total available-for-sale securities $ 16,759 $ (126) $ 7,673 $ (124) $ 24,432 $ (250)   Unrealized losses on bonds have not been recognized into income because the issuers of the bonds are of high credit quality, management does not intend to sell and it is not more likely than not that management would 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 bonds approach maturity. 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 prospects 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 impairment is recognized through earnings.

LOANS

LOANS	6 Months Ended
	Jun. 30, 2016
LOANS [Abstract]
Loans	NOTE 3 – LOANS Loans at June 30, 2016 and December 31, 2015 were as follows (in thousands):     June 30, December 31,  2016 2015  Real estate:  One to four family $ 189,421 $ 184,613  Multi-family 4,259 4,521  Commercial real estate 69,607 62,726  Construction and land 18,709 6,282  281,996 258,142   Commercial and Industrial 34,110 31,841   Consumer  Home equity loans and lines of credit 9,288 8,287  Motor vehicle 10,759 10,735  Other 7,640 7,347  27,687 26,369   Total 343,793 316,352  Less: Net deferred loan fees 426 351  Allowance for loan losses 2,067 1,858  $ 341,300 $ 314,143  The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment based on impairment method as of June 30, 2016 and December 31, 2015. Accrued interest receivable and net deferred loan fees are not considered significant and therefore are not included in the loan balances presented in the table below (in thousands):    June 30, 2016  Allowance for Loan Losses Loan Balances  Individually Purchased Collectively Individually Purchased Collectively  Evaluated for Credit-Impaired Evaluated for Evaluated for Credit-Impaired Evaluated for  Loan Segment Impairment Loans Impairment Total Impairment Loans Impairment Total   Real estate $ 29 $ - $ 1,768 $ 1,797 $ 1,021 $ 2,210 $ 278,765 $ 281,996  Commercial and industrial 1 - 125 $ 126 130 - 33,980 34,110  Consumer - - 144 $ 144 - 6 27,681 27,687  Unallocated - - - - - - - -  Total $ 30 $ - $ 2,037 $ 2,067 $ 1,151 $ 2,216 $ 340,426 $ 343,793     December 31, 2015  Allowance for Loan Losses Loan Balances  Individually Purchased Collectively Individually Purchased Collectively  Evaluated for Credit-Impaired Evaluated for Evaluated for Credit-Impaired Evaluated for  Loan Segment Impairment Loans Impairment Total Impairment Loans Impairment Total  Real estate $ 2 $ - $ 1,674 $ 1,676 $ 1,497 $ 2,624 $ 254,021 $ 258,142  Commercial and industrial - - 77 77 449 - 31,392 31,841  Consumer 13 - 92 105 23 16 26,330 26,369  Unallocated - - - - - - - -  Total $ 15 $ - $ 1,843 $ 1,858 $ 1,969 $ 2,640 $ 311,743 $ 316,352    The following table presents information related to impaired loans by class of loans as of June 30, 2016 and December 31, 2015 (in thousands):      June 30, 2016 December 31, 2015  Allowance Allowance  Unpaid for Loan Unpaid for Loan  Principal Recorded Losses Principal Recorded Losses  Balance Investment Allocated Balance Investment Allocated  With no related allowance recorded:  Real Estate:  One to four family $ 520 $ 520 $ - $ 1,416 $ 1,100 $ -  Multi-family - - - - - -  Commercial real estate 444 444 - 183 183 -  Construction and land - - - - - -  Commercial and Industrial 272 129 - 582 449 -  Consumer:  Home Equity and lines of credit - - - - - -  Motor Vehicle - - - - - -  Other - - - - - -  Subtotal $ 1,236 $ 1,093 $ - $ 2,181 $ 1,732 $ -   With an allowance recorded:  Real Estate:  One to four family $ 57 $ 57 $ 29 $ - $ - $ -  Multi-family - - - - - -  Commercial real estate - - - 214 214 2  Construction and land - - - - - -  Commercial and Industrial 1 1 1 - - -  Consumer:  Home Equity and lines of credit - - - 23 23 13  Motor Vehicle - - - - - -  Other - - - - - -  Subtotal 58 58 30 237 237 15  Total $ 1,294 $ 1,151 $ 30 $ 2,418 $ 1,969 $ 15  For the purpose of this disclosure, the unpaid balance is not reduced for partial charge-offs.  The following tables present the average balance of loans individually evaluated for impairment and interest income recognized on these loans for the three and six months ended June 30, 2016 and 2015 (in thousands):         Three months ended June 30, 2016 Three months ended June 30, 2015  Average Interest Cash Basis Average Interest Cash Basis  Recorded Income Interest Recorded Income Interest  Investment Recognized Recognized Investment Recognized Recognized  Real Estate:  One to four family $ 577 $ 2 $ - $ 886 $ - $ -  Multi-family - - - - - -  Commercial real estate 444 - - 995 - -  Construction and land - - - - - -  Commercial and Industrial 130 - - 239 - -  Consumer:  Home Equity and lines of credit - - - - - -  Motor Vehicle - - - - - -  Other - - - - - -  Total $ 1,151 $ 2 $ - $ 2,120 $ - $ -        Six months ended June 30, 2016 Six months ended June 30, 2015  Average Interest Cash Basis Average Interest Cash Basis  Recorded Income Interest Recorded Income Interest  Investment Recognized Recognized Investment Recognized Recognized  Real Estate:  One to four family $ 745 $ 4 $ - $ 696 $ - $ -  Multi-family - - - - - -  Commercial real estate 446 - - 873 - -  Construction and land - - - - - -  Commercial and Industrial 146 - - 242 - -  Consumer:  Home Equity and lines of credit 12 - - - - -  Motor Vehicle - - - - - -  Other - - - - - -  Total $ 1,349 $ 4 $ - $ 1,811 $ - $ -  The recorded investment in loans excludes accrued interest receivable and loan origination fees, net , due to immateriality. For purposes of this disclosure, the unpaid balance is not reduced for partial charge-offs.  The following tables sets forth an analysis of our allowance for loan losses for the three and six months ended June 30, 2016 and 2015 (in thousands):      Three months ended Commercial  June 30, 2016 Real Estate and Industrial Consumer Unallocated Total   Allowance for loan losses:  Beginning balance $ 1,904 $ 93 $ 138 $ - $ 2,135  Provision for loan losses (20) 82 23 - 85  Loans charged-off (94) (77) (44) - (215)  Recoveries 7 28 27 - 62  Total ending allowance balance $ 1,797 $ 126 $ 144 $ - $ 2,067      Three months ended Commercial  June 30, 2015 Real Estate and Industrial Consumer Unallocated Total   Allowance for loan losses:  Beginning balance $ 1,878 $ 72 $ 63 $ - $ 2,013  Provision for loan losses 279 7 108 - 394  Loans charged-off (266) - (99) - (365)  Recoveries 9 10 12 - 31  Total ending allowance balance $ 1,900 $ 89 $ 84 $ - $ 2,073        Six months ended Commercial  June 30, 2016 Real Estate and Industrial Consumer Unallocated Total   Allowance for loan losses:  Beginning balance $ 1,676 $ 77 $ 105 $ - $ 1,858  Provision for loan losses 278 93 89 - 460  Loans charged-off (167) (77) (114) - (358)  Recoveries 10 33 64 - 107  Total ending allowance balance $ 1,797 $ 126 $ 144 $ - $ 2,067       Six months ended Commercial  June 30, 2015 Real Estate and Industrial Consumer Unallocated Total   Allowance for loan losses:  Beginning balance $ 1,806 $ 43 $ 62 $ - $ 1,911  Provision for loan losses 278 61 146 - 485  Loans charged-off (318) (52) (146) - (516)  Recoveries 134 37 22 - 193  Total ending allowance balance $ 1,900 $ 89 $ 84 $ - $ 2,073   Nonaccrual loans and loans past due 90 days still on accrual consist of smaller balance homogeneous loans that are collectively evaluated for impairment.  The following table presents the recorded investment in nonaccrual and loans past due over 90 days still on accrual status, by class of loans , as of June 30, 2016 and December 31, 2015 (in thousands):     June 30, 2016 December 31, 2015  Loans Past Due Loans Past Due  Over 90 Days Over 90 Days  Nonaccrual Still Accruing Nonaccrual Still Accruing  Real estate:  One to four family $ 2,629 $ - $ 2,967 $ -  Multi-family - - - -  Commercial real estate 763 - 773 -  Construction and land - - 259 -  Commercial and industrial 130 - 449 -  Consumer:  Home equity loans and lines of credit 122 - 23 -  Motor vehicle - - - -  Other 6 - 31 -  Total $ 3,650 $ - $ 4,502 $ -   The following table s present the aging of the recorded investment in past due loans as of June 30, 2016 and December 31, 2015 by class of loans. As of June 30, 2016, consumer residential properties in process of foreclosure was $1.3 million . Non-accrual loans of $3. 6 million as of June 30, 2016 and $4.5 million at December 31, 2015 are included in the tables below and have been categorized based on their payment status (in thousands):     30 - 59 60 - 89 Greater than Purchased  Days Days 89 Days Total Credit-Impaired Loans Not  Past Due Past Due Past Due Past Due Loans Past Due Total  June 30, 2016  Real estate:  One to four family $ 798 $ 595 $ 883 $ 2,276 $ 1,317 $ 185,828 $ 189,421  Multi-family - - - - - 4,259 4,259  Commercial real estate 415 - 222 637 893 68,077 69,607  Construction and land - - - - - 18,709 18,709  Commercial and industrial 705 - 122 827 - 33,283 34,110  Consumer:  Home equity loans and lines of credit - - 122 122 - 9,166 9,288  Motor vehicle 68 15 - 83 2 10,674 10,759  Other 33 - - 33 4 7,603 7,640  Total $ 2,019 $ 610 $ 1,349 $ 3,978 $ 2,216 $ 337,599 $ 343,793      30 - 59 60 - 89 Greater than Purchased  Days Days 89 Days Total Credit-Impaired Loans Not  Past Due Past Due Past Due Past Due Loans Past Due Total  December 31, 2015  Real estate:  One to four family $ 1,152 $ 35 $ 1,226 $ 2,413 $ 1,305 $ 180,895 $ 184,613  Multi-family - - - - - 4,521 4,521  Commercial real estate 44 - 214 258 1,061 61,407 62,726  Construction and land - - - - 258 6,024 6,282  Commercial and industrial 3 19 362 384 - 31,457 31,841  Consumer:  Home equity loans and lines of credit - - 23 23 - 8,264 8,287  Motor vehicle 21 1 - 22 4 10,709 10,735  Other 25 2 1 28 12 7,307 7,347  Total $ 1,245 $ 57 $ 1,826 $ 3,128 $ 2,640 $ 310,584 $ 316,352   Troubled Debt Restructurings :  As of June 30, 2016, the Compan y has a recorded investment in four TDRs which totaled $30 9 ,000. There were three TDRs which totaled $307,000 at December 31, 2015. A less than market rate and extended term was granted as concessions for both TDRs. No additional charge-off or provision has been made for the loan relationships. No additional commitments to lend have been made to the borrower.      June 30, 2016 TDRs on Non-accrual Other TDRs Total TDRs  Real Estate:  One to four family $ 17 $ 105 $ 122  Multi-family - - -  Commercial real estate 168 - 168  Construction and land - - -  Commercial and Industrial 19 - 19  Consumer:  Home equity loans and lines of credit - - -  Motor Vehicle - - -  Other - - -  Total $ 204 $ 105 $ 309     December 31, 2015 TDRs on Non-accrual Other TDRs Total TDRs  Real Estate:  One to four family $ - $ 105 $ 105  Multi-family - - -  Commercial real estate 183 - 183  Construction and land - - -  Commercial and Industrial 19 - 19  Consumer:  Home equity loans and lines of credit - - -  Motor Vehicle - - -  Other - - -  Total $ 202 $ 105 $ 307    There was one TDR that occurred during the three and six months ended June 30, 2016 and one TDR that occurred during the three and six months ended June 30, 2015.  The modification of the Residential real estate loan s above occurred during the three and six months ended June 30, 2016 and June 30, 2015. The modification did not include a permanent reduction of the recorded investment in the loans and did not increase the allowance for loan losses during the three and six months ended June 30, 2016 and 2015. There were no TDR’s that subsequently defaulted within twelve months of modification during the three and six months ended June 30, 2016 and 2015.  The following table presents TDRs that occurred during the six months ended June 30, 2016 and June 30, 2015.     Six months ended June 30, 2016 Six months ended June 30, 2015  Loan Class Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment  Real Estate:  One to four family 1 $ 17 $ 17 1 $ 105 $ 105  Multi-family - - - - - -  Commercial real estate - - - - - -  Construction and land - - - - - -  Commercial and Industrial - - - - - -  Consumer:  Home equity loans and lines of credit - - - - - -  Motor Vehicle - - - - - -  Other - - - - - -  Total 1 $ 17 $ 17 1 $ 105 $ 105    CREDIT QUALITY INDICATORS: The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans as to credit risk. This analysis includes all non-homogeneous loans, such as commercial and commercial real estate loans. The analysis for residential real estate and consumer loans primarily includes review of past due status. This analysis is performed on a quarterly basis. The Company uses 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 of the institution’s credit position at some future date. Substandard. Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful. Loans 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 existing facts, conditions, and values, highly questionable and improbable.  Loss. Loans classified as loss are considered uncollectable and of such little value that continuing to carry them as an asset is not feasible. Loans will be classified as a loss when it is not practical or desirable to defer writing off or reserving all or a portion of a basically worthless asset, even though partial recovery may be possible at some time in the future. Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans. Based on the most recent analysis performed, the risk category of loans by class of loans is as follows (in thousands):     Special  June 30, 2016 Pass Mention Substandard Doubtful Loss Total  One to four family $ 182,771 $ 2,350 $ 4,300 $ - $ - $ 189,421  Multi family 4,259 - - - - 4,259  Commercial real estate 67,342 498 1,767 - - 69,607  Construction and land 18,709 - - - - 18,709  Commercial and industrial 32,795 303 1,012 - - 34,110  Home equity loans and lines of credit 9,143 6 139 - - 9,288  Motor vehicle 10,730 7 22 - - 10,759  Other 7,626 4 10 - - 7,640  Total $ 333,375 $ 3,168 $ 7,250 $ - $ - $ 343,793      Special  December 31, 2015 Pass Mention Substandard Doubtful Loss Total  One to four family $ 176,824 $ 2,716 $ 5,073 $ - $ - $ 184,613  Multi family 4,521 - - - - 4,521  Commercial real estate 60,544 107 2,075 - - 62,726  Construction and land 6,023 0 259 - - 6,282  Commercial and industrial 30,551 5 1,285 - - 31,841  Home equity loans and lines of credit 8,262 0 25 - - 8,287  Motor vehicle 10,703 0 32 - - 10,735  Other 7,306 8 33 - - 7,347  Total $ 304,734 $ 2,836 $ 8,782 $ - $ - $ 316,352  There were $2.0 million and $2.3 million purchased credit impaired (“PCI”) loans included in substandard loans at June 30, 2016 and December 31, 2015, respectively. The Company holds purchased loans without evidence of credit quality deterioration and purchased loans for which there was, at their acquisition date, evidence of deterioration of credit quality since their origination and it was probable that all contractually required payments would not be collected. A summary of non-impaired purchased loans and credit-impaired purchased loans with the carrying amount of those loans is as follows at (in thousands):      Purchased Loans as of June 30, 2016 Non-impaired Credit-impaired  Purchased Purchased  (in thousands) Loans Loans  Real estate:  One to four family $ 34,653 $ 1,317  Commercial real estate 25,786 893  Construction and land 910 -  Commercial and Industrial 4,320 -  Consumer loans:  Home equity loans and lines of credit 1,596 -  Motor vehicle 346 2  Other 877 4  Total loans $ 68,488 $ 2,216      Purchased Loans as of December 31, 2015 Non-impaired Credit-impaired  Purchased Purchased  (in thousands) Loans Loans  Real estate:  One to four family $ 37,557 $ 1,305  Commercial real estate 28,322 1,061  Construction and land 1,058 258  Commercial and Industrial 7,122 -  Consumer loans:  Home equity loans and lines of credit 1,660 -  Motor vehicle 605 4  Other 1,107 12  Total loans $ 77,431 $ 2,640  For the purchased loans disclosed above, the Company did not increase the allowance for loan losses for the three and six months ended June 30, 2016 and June 30, 2015. The following table presents the composition of the acquired loans at June 30, 2016 (in thousands):     As of June 30, 2016  Contractual Fair Value  (in thousands) Amount Adjustments Fair Value  Real estate:  One to four family $ 36,673 $ (703) $ 35,970  Commercial Real Estate 27,122 (443) 26,679  Construction and land 919 (9) 910  Commercial and Industrial 4,371 (51) 4,320  Consumer loans:  Home equity loans and lines of credit 1,613 (17) 1,596  Motor vehicle 352 (4) 348  Other 895 (14) 881  Total loans $ 71,945 $ (1,241) $ 70,704  The following table presents the purchased loans that are included within the scope of ASC Topic 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality, as of June 30, 2016.      (in thousands) June 30, 2016 December 31, 2015   Carrying Amount $ 2,216 $ 2,640  Non-Accretable difference 304 349  Accretable yield 206 292  Contractually-required principal and interest payments $ 2,726 $ 3,281  The Company adjusted interest income to recognize $19,000 , $86,000 , $38,000 , and $110,000 of accretable yield on credit-impaired purchased loans for the three and six months ended June 30, 2016 and 2015, respectively.       (in thousands) June 30, 2016 December 31, 2015  Real Estate:  One to four family $ 1,317 $ 1,305  Commercial real estate 893 1,061  Construction and land - 258  Commercial and industrial - -  Consumer:  Home equity loans and lines of credit - -  Motor vehicle 2 4  Other 4 12  Outstanding Balance $ 2,216 $ 2,640   Carrying amount, net of allowance of $0 , and $0 $ 2,216 $ 2,640    Accretable yield, or income expected to be collected, is as follows for the six months ended June30, 2016 and 2015 (in thousands):     2016 2015   Balance at January 1, $ 292 $ 625  New Loans Purchased - -  Accretion of income (86) (110)  Reclassifications from nonaccretable difference - -  Disposals - -  Balance at June 30, $ 206 $ 515  

FEDERAL HOME LOAN BANK ADVANCES

FEDERAL HOME LOAN BANK ADVANCES	6 Months Ended
	Jun. 30, 2016
Federal Home Loan Bank Advances [Abstract]
Federal Home Loan Bank Advances	NOTE 4 – FEDERAL HOME LOAN BANK ADVANCES Advances from the FHLB at June 30, 2016 and December 31, 2015 were as follows (in thousands):      June 30, 2016 December 31, 2015   Maturities July 2016 through January 2029, fixed rate at rates from 0.44% to 6.86% , weighted average rate of 1.03% at June 30, 2016 and 1.52% at December 31, 2015 $ 26,432 $ 15,803 Payments contractually required over the next five years are as follows (in thousands):          June 30,  2017 $ 23,385  2018 1,629  2019 914  2020 94  2021 80  Thereafter 330  Total $ 26,432  

FAIR VALUE

FAIR VALUE	6 Months Ended
	Jun. 30, 2016
Fair Value [Abstract]
Fair Value	NOTE 5 – FAIR VALUE 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 company’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: Securities : The fair values for securities are determined by quoted market prices, if available (Level 1). If quoted market prices are not available, fair values are based on quoted market prices of similar securities (Level 2). This includes the use of “matrix pricing” used to value debt securities absent the exclusive use of quoted prices. For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows (Level 3). 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. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available for similar loans and collateral underlying such loans. Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business, resulting in a Level 3 fair value classification. Impaired loans are evaluated on a quarterly basis for additional impairment and adjusted in accordance with the allowance policy. Other Real Estate Owned : Nonrecurring adjustments to certain commercial and residential real estate properties classified as other real estate owned (OREO) are measured at the lower of carrying amount or fair value, less costs to sell. Fair values are generally based on third party appraisals of the property resulting in a Level 3 classification. In cases where the carrying amount exceeds the fair value, less costs to sell, an impairment loss is recognized.  Assets and liabilities measured at fair value on a recurring basis are summarized below (in thousands):      Fair Value Measurements at  June 30, 2016 Using:  Quoted Prices in Significant Significant  Active Markets for Other Observable Unobservable  Carrying Identical Assets Inputs Inputs  Value (Level 1) (Level 2) (Level 3)  Financial Assets  Securities:  States and political subdivisions $ 19,614 $ - $ 19,614 $ -  U.S. Government agencies and sponsored entities 6,512 - 6,512 -  Mortgage backed securities: residential 22,415 - 22,415 -  Collateralized mortgage obligations 6,496 - 6,496 -  SBA loan pools 6,975 - 6,975 -  Total securities $ 62,012 $ - $ 62,012 $ -      Fair Value Measurements at  December 31, 2015 Using:  Quoted Prices in Significant Significant  Active Markets for Other Observable Unobservable  Carrying Identical Assets Inputs Inputs  Value (Level 1) (Level 2) (Level 3)  Financial Assets  Securities:  States and political subdivisions $ 17,960 $ - $ 17,960 $ -  U.S. Government agencies and sponsored entities 9,638 - 9,638 -  Mortgage backed securities: residential 23,371 - 23,371 -  Collateralized mortgage obligations 7,634 - 7,634 -  SBA loan pools 5,372 - 5,372 -  Total securities $ 63,975 $ - $ 63,975 $ -  For the periods ended June 30, 2016 and December 31, 2015, there were no transfers between Level 1 and Level 2. Assets measured at fair value on a non-recurring basis are summarized below (in thousands):     Fair Value Measurements at  June 30, 2016 Using:  Quoted Prices in Significant Significant  Active Markets for Other Observable Unobservable  Carrying Identical Assets Inputs Inputs  Value (Level 1) (Level 2) (Level 3)   Impaired loans  Residential real estate, net $ 131 $ - $ - $ 131   Other real estate owned  Residential real estate, net $ 28 $ - $ - $ 28        Fair Value Measurements at  December 31, 2015 Using:  Quoted Prices in Significant Significant  Active Markets for Other Observable Unobservable  Carrying Identical Assets Inputs Inputs  Value (Level 1) (Level 2) (Level 3)  Impaired loans  Commercial real estate, net $ 212 $ - $ - $ 212  Home equity line of credit, net 10 - - 10  Commercial and residential real estate properties classified as OREO are measured at fair value, less costs to sell. Fair values are based on recent real estate appraisals. These appraisals may use 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. Appraisals for real estate properties classified as other real estate owned are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by the Bank’s management. The appraisal values are discounted to allow for selling expenses and fees, and the discounts range from 5% to 10% .  At June 30, 2016, impaired loans re corded at fair value had a net carrying amount of $131,000 equal to the outstanding balance of $160,000 , net of a valuation allowance of $29,000 . There were charge-offs of $31,000 for the three and six months ended June 30, 2016, and $200,000 for the three and six months ended June 30, 2015. At December 31, 2015, impaired loans recorded at fair value had a net carrying amount of $222,000 equal to the outstanding balance of $237,000 , net of a valuation allowance of $15,000 . At June 30, 2016, OREO recorded at fair value had a net carrying amount of $28,000 made up of the outstanding balance of $42,000 net of a valuation allowance of $14,000 , which resulted in a write-down of $14,000 for the three and six months ended June 30, 2016. At December 31, 2015 no OREO was recorded at fair value. There were no write-downs for the three and six months ended June 30, 2015. The carrying amounts and estimated fair values of financial instruments at June 30, 2016 and December 31, 2015 are as follows (in thousands):      Fair Value Measurements  Carrying  Value Level 1 Level 2 Level 3 Total  June 30, 2016  Financial assets  Cash and cash equivalents $ 11,603 $ 11,603 $ - $ - $ 11,603  Interest-bearing deposits 1,992 1,992 - - 1,992  Securities 62,012 - 62,012 - 62,012  Restricted stock 3,276 N/A N/A N/A N/A  Loans held for sale 391 - 391 - 391  Loans, net 341,300 - - 375,557 375,557  Accrued interest receivable 1,377 - 296 1,081 1,377   Financial liabilities  Deposits $ 344,229 $ 184,220 $ 161,457 $ - $ 345,677  Federal Home Loan Bank advances 26,432 21,000 5,441 - 26,441  Subordinated debenture 2,793 - 3,012 - 3,012  Accrued interest payable 91 - 91 - 91        Fair Value Measurements  Carrying  Value Level 1 Level 2 Level 3 Total  December 31, 2015  Financial assets  Cash and cash equivalents $ 23,876 $ 23,876 $ - $ - $ 23,876  Interest bearing deposits 1,992 1,992 - - 1,992  Securities 63,975 - 63,975 - 63,975  Restricted stock 3,276 N/A N/A N/A N/A  Loans held for sale 367 - 367 - 367  Loans, net 314,143 - - 356,337 356,337  Accrued interest receivable 1,340 - 294 1,046 1,340   Financial liabilities  Deposits $ 343,130 $ 184,284 $ 158,328 $ - $ 342,612  Federal Home Loan Bank advances 15,803 9,770 10,943 - 20,713  Subordinated debenture 2,761 - 2,761 - 2,761  Accrued interest payable 38 - 38 - 38  The methods and assumptions, not previously presented, used to estimate fair values are described as follows: Cash and Cash Equivalents: The carrying amounts of cash and short-term instruments approximate fair values and are classified as Level 1. Restricted Stock: It is not practical to determine the fair value of FHLB and Bankers Bank of Kentucky stock due to restrictions placed on its transferability.  Loans: Fair values of loans, excluding loans held for sale, are 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. 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. 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 flows 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. Federal Home Loan Bank advances and subordinate debenture: The fair values of the Company’s long-term borrowings are estimated using discounted cash flow analyses based on the current borrowing rates for similar types of borrowing arrangements resulting in a Level 2 classification. Accrued Interest Receivable/Payable: The carrying amounts of accrued interest approximate fair value and are classified by level consistent with the level of the related assets or liabilities.

ESOP PLAN

ESOP PLAN	6 Months Ended
	Jun. 30, 2016
ESOP Plan [Abstract]
ESOP Plan	NOTE 6 - ESOP PLAN Employees participate in an Employee Stock Ownership Plan (“ESOP”). The ESOP borrowed from the Company to purchase 269,790 shares of the Company’s common stock at $10 per share. The Company makes discretionary contributions to the ESOP, and pays dividends on unallocated shares to the ESOP, and the ESOP uses funds it receives to repay the loan. When loan payments are made, ESOP shares are allocated to participants based on relative compensation and expense is recorded. Dividends on allocated shares increase participant accounts. Participants receive the shares at the end of employment. There were no contributions to the ESOP for the three and six months ended June 30, 2016 and 2015. Shares held by the ESOP at June 30, 2016 and December 31, 2015 were as follows (dollars in thousands):     June 30, December 31,  2016 2015  Allocated to participants 42,832 42,832  Committed to be released 20,234 -  Unearned 205,719 225,953  Total ESOP shares 268,785 268,785   Fair value of unearned shares $ 3,534 $ 3,864

EARNINGS PER SHARE

EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 7 – EARNINGS PER SHARE The factors used in the earnings per share computation for the three months ended June 30, 2016 and 2015, were as follows (dollar amounts in thousands, except per share data):     Three months ended Six months ended  June 30, June 30,  2016 2015 2016 2015  Basic  Net income $ 688 $ 1,716 $ 1,187 $ 2,302  Less: Earnings allocated to participating securities 6 32 13 49  Net income available to common shareholders $ 682 $ 1,684 1,174 2,253   Weighted average common shares outstanding 3,813,989 3,842,894 3,830,699 3,845,905  Less: Average unallocated ESOP shares 207,930 235,436 209,616 237,427  Average participating shares 35,431 72,248 43,204 81,865  Average shares 3,570,628 3,535,210 3,577,879 3,526,613   Basic earnings per common share $ 0.19 $ 0.48 $ 0.33 $ 0.64   Diluted  Net income available to common shareholders $ 682 $ 1,684 $ 1,174 $ 2,253   Weighted average common shares outstanding for basic earnings per common share 3,570,628 3,535,210 3,577,879 3,526,613  Add: Dilutive effects of assumed exercises of stock options 9,579 - 13,973 -  Average shares and dilutive potential common shares 3,580,207 3,535,210 3,591,852 3,526,613   Diluted earnings per common share $ 0.19 $ 0.48 $ 0.33 $ 0.64  Stock options of 205,500 shares of common stock were considered in computing diluted earnings per common share for the three and six months ended June 30, 2016. No stock options were excluded from the calculation of diluted earnings per common share for June 30, 2016. Stock options of 299,500 shares of common stock were not considered in computing diluted earnings per common share for the three and six months ended June 30, 2015 because they were antidilutive.

STOCK BASED COMPENSATION

STOCK BASED COMPENSATION	6 Months Ended
	Jun. 30, 2016
Stock Based Compensation [Abstract]
Stock Based Compensation	NOTE 8 – STOCK BASED COMPENSATION On January 8, 2013, the shareholders of Poage Bankshares, Inc. approved the Poage Bankshares, Inc. 2013 Equity Incentive Plan (the “Plan”) for employees and directors of the Company. The Plan authorizes the issuance of up to 472,132 shares of the Company’s common stock, with no more than 134,895 of shares as restricted stock awards and 337,237 as stock options, either incentive stock options or non-qualified stock options. The exercise price of options granted under the Plan may not be less than the fair market value on the date the stock option is granted. The compensation committee of the board of directors has sole discretion to determine the amount and to whom equity incentive awards are granted. On April 16, 2013, the compensation committee of the board of directors approved the issuance of 134,895 shares of restricted stock to its directors and officers. In addition, on May 10, 2013, the compensation committee of the board of directors approved the issuance of 300,000 stock options to its directors and officers. An additional 20,000 stock option shares were issued on March 19, 2014 as a result of the acquisition of Town Square Financial Corporation by Poage Bankshares, Inc. An additional 5,000 stock option shares were issued on May 31, 2015 to employees. All stock options and restricted stock awards vest ratably over five years. Stock options expire ten years after issuance. Apart from the vesting schedule for both stock options and restricted stock, there are no performance-based conditions or any other material conditions applicable to the awards issued. The following table summarizes stock option activity for the six months ended June 30, 2016:     Weighted Average  Options Exercise Price   Outstanding - December 31, 2015 205,500 $ 14.92  Granted - -  Exercised and settled - -  Forfeited - -  Outstanding - June 30, 2016 205,500 $ 14.92   Fully vested and exercisable at June 30, 2016 121,100  Fully vested and exercisable at December 31, 2015 76,200  Expected to vest in future periods 84,400   Stock options are assumed to be earned ratably over their respective vesting periods and charged to compensation expense based upon their grant date fair value and the number of options assumed to be earned. At June 30, 2016, 205,500 options were outstanding and 121,100 options were fully vested and exercisable with aggregate intrinsic value of $464,000 and $274,000 , respectively. At December 31, 2015, 205,500 options were outstanding and 76,200 options were fully vested and exercisable with aggregate intrinsic value of $446,000 and $165,000 , respectively. During the six months ended June 30, 2016, 44,900 options vested. Stock-based compensation expense for stock options included in salaries and benefits for the three and six months ended June 30, 2016 was $19,000 and $50,000 , respectively. Stock-based compensation for stock options included in salaries and benefits for the three and six months ended June 2015 was $31,000 and $61,000 , respectively. Total unrecognized compensation cost related to non-vested stock options was $157,000 at June 30, 2016 and $208,000 at December 31, 2015 and is expected to be recognized over a period of 2 – 3 years. The following table summarizes non-vested restricted stock activity for the three months ended June 30, 2016:     Balance - December 31, 2015 53,947  Granted -  Forfeited (1,078)  Vested (21,185)  Balance - June 30, 2016 31,684 The fair value of the restricted stock awards is amortized to compensation expense over the vesting period (generally five years) and is based on the market price of the Company’s common stock at the date of the grant multiplied by the number of shares granted that are expected to vest. Stock-based compensation expense for the restricted stock included in salaries and benefits for the three and six months ended June 30, 2016 was $60,000 and $178,000 , respectively. Stock-based compensation expense for restricted stock included in salaries and benefits for the three and six months ended June 30, 2015 was $101,000 and $201,000 , respectively. Unrecognized compensation expense for non-vested restricted stock awards was $443,000 at June 30, 2016 and $623,000 at December 31, 2015 and is expected to be recognized over a weighted-average period of 2.5 years.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME	6 Months Ended
	Jun. 30, 2016
Accumulated Other Comprehensive Income [Abstract]
Accumulated Other Comprehensive Income	NOTE 9 – ACCUMULATED OTHER COMPREHENSIVE INCOME The following table is changes in Accumulated Other Comprehensive Income by component, net of tax , for the three and six months ended June 30, 2016 and June 30, 2015 (in thousands) :           Unrealized Gains and Losses on Available-for-Sale Securities  Three months ended Three months ended Six months ended Six months ended  June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015  Beginning balance $ 643 $ 614 $ 384 $ 460   Other comprehensive income (loss), net of tax before reclassification 268 (370) 527 (216)   Amounts reclassified from accumulated other comprehensive income for loss on call of securities, net of tax benefit of $1 , $0 , $1 and $0 respectively 2 - 2 -   Net current period other comprehensive income (loss) 270 (370) 529 (216)   Ending Balance $ 913 $ 244 $ 913 $ 244  

SECURITIES AVAILABLE FOR SALE (

SECURITIES AVAILABLE FOR SALE (Tables)	6 Months Ended
	Jun. 30, 2016
SECURITIES AVAILABLE FOR SALE [Abstract]
Reconciliation from Amortized Cost to Fair Value of AFS Securities	The amortized cost and fair value of securities available for sale at June 30, 2016 and December 31, 2015 and the corresponding amounts of gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) were as follows (in thousands):     Gross Gross  Amortized Unrealized Unrealized Fair  Cost Gains Losses Value  June 30, 2016  States and political subdivisions $ 18,906 $ 713 $ (5) $ 19,614  U.S. Government agencies and sponsored entities 6,500 15 (3) 6,512  Government sponsored entities residential mortgage-backed:  FHLMC 11,366 294 - 11,660  FNMA 10,527 228 - 10,755  Collateralized mortgage obligations 6,484 24 (12) 6,496  SBA loan pools 6,846 129 - 6,975  Total securities $ 60,629 $ 1,403 $ (20) $ 62,012      Gross Gross  Amortized Unrealized Unrealized Fair  Cost Gains Losses Value  December 31, 2015  States and political subdivisions $ 17,398 $ 567 $ (5) $ 17,960  U.S. Government agencies and sponsored entities 9,750 - (112) 9,638  Government sponsored entities residential mortgage-backed:  FHLMC 11,499 156 (11) 11,644  FNMA 11,657 91 (21) 11,727  Collateralized mortgage obligations 7,720 - (86) 7,634  SBA loan pools 5,370 17 (15) 5,372  Total securities $ 63,394 $ 831 $ (250) $ 63,975 
Investments Classified by Contractual Maturity Date	The amortized cost and fair value of the securities portfolio at June 30, 2016 are shown in the following table by contractual maturity. Expected maturities may differ from contractual maturities if borrowers 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 (in thousands):     June 30,  2016  Amortized Fair  Cost Value   Within one year $ 439 $ 439  One to five years 13,063 13,211  Five to ten years 8,343 8,816  Beyond ten years 3,561 3,660  Mortgage-backed securities and collateralized mortgage obligations 28,377 28,911  SBA loan pools 6,846 6,975  Total $ 60,629 $ 62,012 
Schedule of Investments in Unrealized Loss Position	The following table summarizes the securities with unrealized losses at June 30, 2016 and December 31, 2015, aggregated by major security type and length of time in a continuous unrealized loss position (in thousands):     Less Than 12 Months 12 Months or Longer Total  Fair Unrealized Fair Unrealized Fair Unrealized  Value Losses Value Losses Value Losses  June 30, 2016  States and political subdivisions $ 1,667 $ (5) $ - $ - $ 1,667 $ (5)  U.S. Government agencies and sponsored entities 2,997 (2) 2,500 (1) 5,497 (3)  Collateralized mortgage obligations 703 (2) 2,490 (10) 3,193 (12)  Total available-for-sale securities $ 5,367 $ (9) $ 4,990 $ (11) $ 10,357 $ (20)      Less Than 12 Months 12 Months or Longer Total  Fair Unrealized Fair Unrealized Fair Unrealized  Value Losses Value Losses Value Losses  December 31, 2015  States and political subdivisions $ 1,357 $ (5) $ - $ - $ 1,357 $ (5)  U.S. Government agencies and sponsored entities 4,212 (39) 5,426 (73) 9,638 (112)  Government sponsored entities residential mortgage backed:  FHLMC 1,429 (11) - - 1,429 (11)  FNMA 2,529 (21) - - 2,529 (21)  Collateralized mortgage obligations 5,387 (35) 2,247 (51) 7,634 (86)  SBA loan pools 1,845 (15) - - 1,845 (15)  Total available-for-sale securities $ 16,759 $ (126) $ 7,673 $ (124) $ 24,432 $ (250)  

LOANS (Tables)

LOANS (Tables)	6 Months Ended
	Jun. 30, 2016
LOANS [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Loans at June 30, 2016 and December 31, 2015 were as follows (in thousands):     June 30, December 31,  2016 2015  Real estate:  One to four family $ 189,421 $ 184,613  Multi-family 4,259 4,521  Commercial real estate 69,607 62,726  Construction and land 18,709 6,282  281,996 258,142   Commercial and Industrial 34,110 31,841   Consumer  Home equity loans and lines of credit 9,288 8,287  Motor vehicle 10,759 10,735  Other 7,640 7,347  27,687 26,369   Total 343,793 316,352  Less: Net deferred loan fees 426 351  Allowance for loan losses 2,067 1,858  $ 341,300 $ 314,143 
Schedule of Components of Provision for Loan Loss and Loan Charged Off	The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment based on impairment method as of June 30, 2016 and December 31, 2015. Accrued interest receivable and net deferred loan fees are not considered significant and therefore are not included in the loan balances presented in the table below (in thousands):    June 30, 2016  Allowance for Loan Losses Loan Balances  Individually Purchased Collectively Individually Purchased Collectively  Evaluated for Credit-Impaired Evaluated for Evaluated for Credit-Impaired Evaluated for  Loan Segment Impairment Loans Impairment Total Impairment Loans Impairment Total   Real estate $ 29 $ - $ 1,768 $ 1,797 $ 1,021 $ 2,210 $ 278,765 $ 281,996  Commercial and industrial 1 - 125 $ 126 130 - 33,980 34,110  Consumer - - 144 $ 144 - 6 27,681 27,687  Unallocated - - - - - - - -  Total $ 30 $ - $ 2,037 $ 2,067 $ 1,151 $ 2,216 $ 340,426 $ 343,793     December 31, 2015  Allowance for Loan Losses Loan Balances  Individually Purchased Collectively Individually Purchased Collectively  Evaluated for Credit-Impaired Evaluated for Evaluated for Credit-Impaired Evaluated for  Loan Segment Impairment Loans Impairment Total Impairment Loans Impairment Total  Real estate $ 2 $ - $ 1,674 $ 1,676 $ 1,497 $ 2,624 $ 254,021 $ 258,142  Commercial and industrial - - 77 77 449 - 31,392 31,841  Consumer 13 - 92 105 23 16 26,330 26,369  Unallocated - - - - - - - -  Total $ 15 $ - $ 1,843 $ 1,858 $ 1,969 $ 2,640 $ 311,743 $ 316,352 
Impaired Financing Receivables	The following table presents information related to impaired loans by class of loans as of June 30, 2016 and December 31, 2015 (in thousands):      June 30, 2016 December 31, 2015  Allowance Allowance  Unpaid for Loan Unpaid for Loan  Principal Recorded Losses Principal Recorded Losses  Balance Investment Allocated Balance Investment Allocated  With no related allowance recorded:  Real Estate:  One to four family $ 520 $ 520 $ - $ 1,416 $ 1,100 $ -  Multi-family - - - - - -  Commercial real estate 444 444 - 183 183 -  Construction and land - - - - - -  Commercial and Industrial 272 129 - 582 449 -  Consumer:  Home Equity and lines of credit - - - - - -  Motor Vehicle - - - - - -  Other - - - - - -  Subtotal $ 1,236 $ 1,093 $ - $ 2,181 $ 1,732 $ -   With an allowance recorded:  Real Estate:  One to four family $ 57 $ 57 $ 29 $ - $ - $ -  Multi-family - - - - - -  Commercial real estate - - - 214 214 2  Construction and land - - - - - -  Commercial and Industrial 1 1 1 - - -  Consumer:  Home Equity and lines of credit - - - 23 23 13  Motor Vehicle - - - - - -  Other - - - - - -  Subtotal 58 58 30 237 237 15  Total $ 1,294 $ 1,151 $ 30 $ 2,418 $ 1,969 $ 15  For the purpose of this disclosure, the unpaid balance is not reduced for partial charge-offs.  The following tables present the average balance of loans individually evaluated for impairment and interest income recognized on these loans for the three and six months ended June 30, 2016 and 2015 (in thousands):         Three months ended June 30, 2016 Three months ended June 30, 2015  Average Interest Cash Basis Average Interest Cash Basis  Recorded Income Interest Recorded Income Interest  Investment Recognized Recognized Investment Recognized Recognized  Real Estate:  One to four family $ 577 $ 2 $ - $ 886 $ - $ -  Multi-family - - - - - -  Commercial real estate 444 - - 995 - -  Construction and land - - - - - -  Commercial and Industrial 130 - - 239 - -  Consumer:  Home Equity and lines of credit - - - - - -  Motor Vehicle - - - - - -  Other - - - - - -  Total $ 1,151 $ 2 $ - $ 2,120 $ - $ -        Six months ended June 30, 2016 Six months ended June 30, 2015  Average Interest Cash Basis Average Interest Cash Basis  Recorded Income Interest Recorded Income Interest  Investment Recognized Recognized Investment Recognized Recognized  Real Estate:  One to four family $ 745 $ 4 $ - $ 696 $ - $ -  Multi-family - - - - - -  Commercial real estate 446 - - 873 - -  Construction and land - - - - - -  Commercial and Industrial 146 - - 242 - -  Consumer:  Home Equity and lines of credit 12 - - - - -  Motor Vehicle - - - - - -  Other - - - - - -  Total $ 1,349 $ 4 $ - $ 1,811 $ - $ - 
Allowance for Credit Losses on Financing Receivables	The following tables sets forth an analysis of our allowance for loan losses for the three and six months ended June 30, 2016 and 2015 (in thousands):      Three months ended Commercial  June 30, 2016 Real Estate and Industrial Consumer Unallocated Total   Allowance for loan losses:  Beginning balance $ 1,904 $ 93 $ 138 $ - $ 2,135  Provision for loan losses (20) 82 23 - 85  Loans charged-off (94) (77) (44) - (215)  Recoveries 7 28 27 - 62  Total ending allowance balance $ 1,797 $ 126 $ 144 $ - $ 2,067      Three months ended Commercial  June 30, 2015 Real Estate and Industrial Consumer Unallocated Total   Allowance for loan losses:  Beginning balance $ 1,878 $ 72 $ 63 $ - $ 2,013  Provision for loan losses 279 7 108 - 394  Loans charged-off (266) - (99) - (365)  Recoveries 9 10 12 - 31  Total ending allowance balance $ 1,900 $ 89 $ 84 $ - $ 2,073        Six months ended Commercial  June 30, 2016 Real Estate and Industrial Consumer Unallocated Total   Allowance for loan losses:  Beginning balance $ 1,676 $ 77 $ 105 $ - $ 1,858  Provision for loan losses 278 93 89 - 460  Loans charged-off (167) (77) (114) - (358)  Recoveries 10 33 64 - 107  Total ending allowance balance $ 1,797 $ 126 $ 144 $ - $ 2,067       Six months ended Commercial  June 30, 2015 Real Estate and Industrial Consumer Unallocated Total   Allowance for loan losses:  Beginning balance $ 1,806 $ 43 $ 62 $ - $ 1,911  Provision for loan losses 278 61 146 - 485  Loans charged-off (318) (52) (146) - (516)  Recoveries 134 37 22 - 193  Total ending allowance balance $ 1,900 $ 89 $ 84 $ - $ 2,073 
Schedule of Financing Receivables, Nonaccrual Status	The following table presents the recorded investment in nonaccrual and loans past due over 90 days still on accrual status, by class of loans , as of June 30, 2016 and December 31, 2015 (in thousands):     June 30, 2016 December 31, 2015  Loans Past Due Loans Past Due  Over 90 Days Over 90 Days  Nonaccrual Still Accruing Nonaccrual Still Accruing  Real estate:  One to four family $ 2,629 $ - $ 2,967 $ -  Multi-family - - - -  Commercial real estate 763 - 773 -  Construction and land - - 259 -  Commercial and industrial 130 - 449 -  Consumer:  Home equity loans and lines of credit 122 - 23 -  Motor vehicle - - - -  Other 6 - 31 -  Total $ 3,650 $ - $ 4,502 $ - 
Past Due Financing Receivables	The following table s present the aging of the recorded investment in past due loans as of June 30, 2016 and December 31, 2015 by class of loans. As of June 30, 2016, consumer residential properties in process of foreclosure was $1.3 million . Non-accrual loans of $3. 6 million as of June 30, 2016 and $4.5 million at December 31, 2015 are included in the tables below and have been categorized based on their payment status (in thousands):     30 - 59 60 - 89 Greater than Purchased  Days Days 89 Days Total Credit-Impaired Loans Not  Past Due Past Due Past Due Past Due Loans Past Due Total  June 30, 2016  Real estate:  One to four family $ 798 $ 595 $ 883 $ 2,276 $ 1,317 $ 185,828 $ 189,421  Multi-family - - - - - 4,259 4,259  Commercial real estate 415 - 222 637 893 68,077 69,607  Construction and land - - - - - 18,709 18,709  Commercial and industrial 705 - 122 827 - 33,283 34,110  Consumer:  Home equity loans and lines of credit - - 122 122 - 9,166 9,288  Motor vehicle 68 15 - 83 2 10,674 10,759  Other 33 - - 33 4 7,603 7,640  Total $ 2,019 $ 610 $ 1,349 $ 3,978 $ 2,216 $ 337,599 $ 343,793      30 - 59 60 - 89 Greater than Purchased  Days Days 89 Days Total Credit-Impaired Loans Not  Past Due Past Due Past Due Past Due Loans Past Due Total  December 31, 2015  Real estate:  One to four family $ 1,152 $ 35 $ 1,226 $ 2,413 $ 1,305 $ 180,895 $ 184,613  Multi-family - - - - - 4,521 4,521  Commercial real estate 44 - 214 258 1,061 61,407 62,726  Construction and land - - - - 258 6,024 6,282  Commercial and industrial 3 19 362 384 - 31,457 31,841  Consumer:  Home equity loans and lines of credit - - 23 23 - 8,264 8,287  Motor vehicle 21 1 - 22 4 10,709 10,735  Other 25 2 1 28 12 7,307 7,347  Total $ 1,245 $ 57 $ 1,826 $ 3,128 $ 2,640 $ 310,584 $ 316,352 
Troubled Debt Restructurings on Financing Receivables	      June 30, 2016 TDRs on Non-accrual Other TDRs Total TDRs  Real Estate:  One to four family $ 17 $ 105 $ 122  Multi-family - - -  Commercial real estate 168 - 168  Construction and land - - -  Commercial and Industrial 19 - 19  Consumer:  Home equity loans and lines of credit - - -  Motor Vehicle - - -  Other - - -  Total $ 204 $ 105 $ 309     December 31, 2015 TDRs on Non-accrual Other TDRs Total TDRs  Real Estate:  One to four family $ - $ 105 $ 105  Multi-family - - -  Commercial real estate 183 - 183  Construction and land - - -  Commercial and Industrial 19 - 19  Consumer:  Home equity loans and lines of credit - - -  Motor Vehicle - - -  Other - - -  Total $ 202 $ 105 $ 307    There was one TDR that occurred during the three and six months ended June 30, 2016 and one TDR that occurred during the three and six months ended June 30, 2015.  The modification of the Residential real estate loan s above occurred during the three and six months ended June 30, 2016 and June 30, 2015. The modification did not include a permanent reduction of the recorded investment in the loans and did not increase the allowance for loan losses during the three and six months ended June 30, 2016 and 2015. There were no TDR’s that subsequently defaulted within twelve months of modification during the three and six months ended June 30, 2016 and 2015.  The following table presents TDRs that occurred during the six months ended June 30, 2016 and June 30, 2015.     Six months ended June 30, 2016 Six months ended June 30, 2015  Loan Class Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment  Real Estate:  One to four family 1 $ 17 $ 17 1 $ 105 $ 105  Multi-family - - - - - -  Commercial real estate - - - - - -  Construction and land - - - - - -  Commercial and Industrial - - - - - -  Consumer:  Home equity loans and lines of credit - - - - - -  Motor Vehicle - - - - - -  Other - - - - - -  Total 1 $ 17 $ 17 1 $ 105 $ 105 
Classes of the Loan Portfolio Summarized by the Aggregate Risk Rating	Based on the most recent analysis performed, the risk category of loans by class of loans is as follows (in thousands):     Special  June 30, 2016 Pass Mention Substandard Doubtful Loss Total  One to four family $ 182,771 $ 2,350 $ 4,300 $ - $ - $ 189,421  Multi family 4,259 - - - - 4,259  Commercial real estate 67,342 498 1,767 - - 69,607  Construction and land 18,709 - - - - 18,709  Commercial and industrial 32,795 303 1,012 - - 34,110  Home equity loans and lines of credit 9,143 6 139 - - 9,288  Motor vehicle 10,730 7 22 - - 10,759  Other 7,626 4 10 - - 7,640  Total $ 333,375 $ 3,168 $ 7,250 $ - $ - $ 343,793      Special  December 31, 2015 Pass Mention Substandard Doubtful Loss Total  One to four family $ 176,824 $ 2,716 $ 5,073 $ - $ - $ 184,613  Multi family 4,521 - - - - 4,521  Commercial real estate 60,544 107 2,075 - - 62,726  Construction and land 6,023 0 259 - - 6,282  Commercial and industrial 30,551 5 1,285 - - 31,841  Home equity loans and lines of credit 8,262 0 25 - - 8,287  Motor vehicle 10,703 0 32 - - 10,735  Other 7,306 8 33 - - 7,347  Total $ 304,734 $ 2,836 $ 8,782 $ - $ - $ 316,352 
Schedule of Financing Receivable, Acquired With and Without Evidence of Deteriorated Credit Quality	The Company holds purchased loans without evidence of credit quality deterioration and purchased loans for which there was, at their acquisition date, evidence of deterioration of credit quality since their origination and it was probable that all contractually required payments would not be collected. A summary of non-impaired purchased loans and credit-impaired purchased loans with the carrying amount of those loans is as follows at (in thousands):      Purchased Loans as of June 30, 2016 Non-impaired Credit-impaired  Purchased Purchased  (in thousands) Loans Loans  Real estate:  One to four family $ 34,653 $ 1,317  Commercial real estate 25,786 893  Construction and land 910 -  Commercial and Industrial 4,320 -  Consumer loans:  Home equity loans and lines of credit 1,596 -  Motor vehicle 346 2  Other 877 4  Total loans $ 68,488 $ 2,216      Purchased Loans as of December 31, 2015 Non-impaired Credit-impaired  Purchased Purchased  (in thousands) Loans Loans  Real estate:  One to four family $ 37,557 $ 1,305  Commercial real estate 28,322 1,061  Construction and land 1,058 258  Commercial and Industrial 7,122 -  Consumer loans:  Home equity loans and lines of credit 1,660 -  Motor vehicle 605 4  Other 1,107 12  Total loans $ 77,431 $ 2,640 
Schedule of Composition of Acquired Financing Receivable	The following table presents the composition of the acquired loans at June 30, 2016 (in thousands):     As of June 30, 2016  Contractual Fair Value  (in thousands) Amount Adjustments Fair Value  Real estate:  One to four family $ 36,673 $ (703) $ 35,970  Commercial Real Estate 27,122 (443) 26,679  Construction and land 919 (9) 910  Commercial and Industrial 4,371 (51) 4,320  Consumer loans:  Home equity loans and lines of credit 1,613 (17) 1,596  Motor vehicle 352 (4) 348  Other 895 (14) 881  Total loans $ 71,945 $ (1,241) $ 70,704 
Schedule of Loans and Debt Securities Acquired with Deteriorated Credit Quality	The following table presents the purchased loans that are included within the scope of ASC Topic 310-30, Loans and Debt Securities Acquired with Deteriorated Credit Quality, as of June 30, 2016.      (in thousands) June 30, 2016 December 31, 2015   Carrying Amount $ 2,216 $ 2,640  Non-Accretable difference 304 349  Accretable yield 206 292  Contractually-required principal and interest payments $ 2,726 $ 3,281  The Company adjusted interest income to recognize $19,000 , $86,000 , $38,000 , and $110,000 of accretable yield on credit-impaired purchased loans for the three and six months ended June 30, 2016 and 2015, respectively.       (in thousands) June 30, 2016 December 31, 2015  Real Estate:  One to four family $ 1,317 $ 1,305  Commercial real estate 893 1,061  Construction and land - 258  Commercial and industrial - -  Consumer:  Home equity loans and lines of credit - -  Motor vehicle 2 4  Other 4 12  Outstanding Balance $ 2,216 $ 2,640   Carrying amount, net of allowance of $0 , and $0 $ 2,216 $ 2,640    Accretable yield, or income expected to be collected, is as follows for the six months ended June30, 2016 and 2015 (in thousands):     2016 2015   Balance at January 1, $ 292 $ 625  New Loans Purchased - -  Accretion of income (86) (110)  Reclassifications from nonaccretable difference - -  Disposals - -  Balance at June 30, $ 206 $ 515 

FEDERAL HOME LOAN BANK ADVANC20

FEDERAL HOME LOAN BANK ADVANCES (Tables)	6 Months Ended
	Jun. 30, 2016
Federal Home Loan Bank Advances [Abstract]
Schedule of FHLB Advances	Advances from the FHLB at June 30, 2016 and December 31, 2015 were as follows (in thousands):      June 30, 2016 December 31, 2015   Maturities July 2016 through January 2029, fixed rate at rates from 0.44% to 6.86% , weighted average rate of 1.03% at June 30, 2016 and 1.52% at December 31, 2015 $ 26,432 $ 15,803 
FHLB Advances, Contractually Required Payments	Payments contractually required over the next five years are as follows (in thousands):          June 30,  2017 $ 23,385  2018 1,629  2019 914  2020 94  2021 80  Thereafter 330  Total $ 26,432 

FAIR VALUE (Tables)

FAIR VALUE (Tables)	6 Months Ended
	Jun. 30, 2016
Fair Value [Abstract]
Assets and Liabilities Measured on Recurring Basis	Assets and liabilities measured at fair value on a recurring basis are summarized below (in thousands):      Fair Value Measurements at  June 30, 2016 Using:  Quoted Prices in Significant Significant  Active Markets for Other Observable Unobservable  Carrying Identical Assets Inputs Inputs  Value (Level 1) (Level 2) (Level 3)  Financial Assets  Securities:  States and political subdivisions $ 19,614 $ - $ 19,614 $ -  U.S. Government agencies and sponsored entities 6,512 - 6,512 -  Mortgage backed securities: residential 22,415 - 22,415 -  Collateralized mortgage obligations 6,496 - 6,496 -  SBA loan pools 6,975 - 6,975 -  Total securities $ 62,012 $ - $ 62,012 $ -      Fair Value Measurements at  December 31, 2015 Using:  Quoted Prices in Significant Significant  Active Markets for Other Observable Unobservable  Carrying Identical Assets Inputs Inputs  Value (Level 1) (Level 2) (Level 3)  Financial Assets  Securities:  States and political subdivisions $ 17,960 $ - $ 17,960 $ -  U.S. Government agencies and sponsored entities 9,638 - 9,638 -  Mortgage backed securities: residential 23,371 - 23,371 -  Collateralized mortgage obligations 7,634 - 7,634 -  SBA loan pools 5,372 - 5,372 -  Total securities $ 63,975 $ - $ 63,975 $ - 
Assets Measured at Fair Value on a Non-recurring Basis	Assets measured at fair value on a non-recurring basis are summarized below (in thousands):     Fair Value Measurements at  June 30, 2016 Using:  Quoted Prices in Significant Significant  Active Markets for Other Observable Unobservable  Carrying Identical Assets Inputs Inputs  Value (Level 1) (Level 2) (Level 3)   Impaired loans  Residential real estate, net $ 131 $ - $ - $ 131   Other real estate owned  Residential real estate, net $ 28 $ - $ - $ 28        Fair Value Measurements at  December 31, 2015 Using:  Quoted Prices in Significant Significant  Active Markets for Other Observable Unobservable  Carrying Identical Assets Inputs Inputs  Value (Level 1) (Level 2) (Level 3)  Impaired loans  Commercial real estate, net $ 212 $ - $ - $ 212  Home equity line of credit, net 10 - - 10 
Fair Value, by Balance Sheet Grouping	The carrying amounts and estimated fair values of financial instruments at June 30, 2016 and December 31, 2015 are as follows (in thousands):      Fair Value Measurements  Carrying  Value Level 1 Level 2 Level 3 Total  June 30, 2016  Financial assets  Cash and cash equivalents $ 11,603 $ 11,603 $ - $ - $ 11,603  Interest-bearing deposits 1,992 1,992 - - 1,992  Securities 62,012 - 62,012 - 62,012  Restricted stock 3,276 N/A N/A N/A N/A  Loans held for sale 391 - 391 - 391  Loans, net 341,300 - - 375,557 375,557  Accrued interest receivable 1,377 - 296 1,081 1,377   Financial liabilities  Deposits $ 344,229 $ 184,220 $ 161,457 $ - $ 345,677  Federal Home Loan Bank advances 26,432 21,000 5,441 - 26,441  Subordinated debenture 2,793 - 3,012 - 3,012  Accrued interest payable 91 - 91 - 91        Fair Value Measurements  Carrying  Value Level 1 Level 2 Level 3 Total  December 31, 2015  Financial assets  Cash and cash equivalents $ 23,876 $ 23,876 $ - $ - $ 23,876  Interest bearing deposits 1,992 1,992 - - 1,992  Securities 63,975 - 63,975 - 63,975  Restricted stock 3,276 N/A N/A N/A N/A  Loans held for sale 367 - 367 - 367  Loans, net 314,143 - - 356,337 356,337  Accrued interest receivable 1,340 - 294 1,046 1,340   Financial liabilities  Deposits $ 343,130 $ 184,284 $ 158,328 $ - $ 342,612  Federal Home Loan Bank advances 15,803 9,770 10,943 - 20,713  Subordinated debenture 2,761 - 2,761 - 2,761  Accrued interest payable 38 - 38 - 38 

ESOP PLAN (Tables)

ESOP PLAN (Tables)	6 Months Ended
	Jun. 30, 2016
ESOP Plan [Abstract]
Schedule of Shares Held by the ESOP	Shares held by the ESOP at June 30, 2016 and December 31, 2015 were as follows (dollars in thousands):     June 30, December 31,  2016 2015  Allocated to participants 42,832 42,832  Committed to be released 20,234 -  Unearned 205,719 225,953  Total ESOP shares 268,785 268,785   Fair value of unearned shares $ 3,534 $ 3,864 

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	The factors used in the earnings per share computation for the three months ended June 30, 2016 and 2015, were as follows (dollar amounts in thousands, except per share data):     Three months ended Six months ended  June 30, June 30,  2016 2015 2016 2015  Basic  Net income $ 688 $ 1,716 $ 1,187 $ 2,302  Less: Earnings allocated to participating securities 6 32 13 49  Net income available to common shareholders $ 682 $ 1,684 1,174 2,253   Weighted average common shares outstanding 3,813,989 3,842,894 3,830,699 3,845,905  Less: Average unallocated ESOP shares 207,930 235,436 209,616 237,427  Average participating shares 35,431 72,248 43,204 81,865  Average shares 3,570,628 3,535,210 3,577,879 3,526,613   Basic earnings per common share $ 0.19 $ 0.48 $ 0.33 $ 0.64   Diluted  Net income available to common shareholders $ 682 $ 1,684 $ 1,174 $ 2,253   Weighted average common shares outstanding for basic earnings per common share 3,570,628 3,535,210 3,577,879 3,526,613  Add: Dilutive effects of assumed exercises of stock options 9,579 - 13,973 -  Average shares and dilutive potential common shares 3,580,207 3,535,210 3,591,852 3,526,613   Diluted earnings per common share $ 0.19 $ 0.48 $ 0.33 $ 0.64 

STOCK BASED COMPENSATION (Table

STOCK BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2016
Stock Based Compensation [Abstract]
Schedule of Stock Option Activity	The following table summarizes stock option activity for the six months ended June 30, 2016:     Weighted Average  Options Exercise Price   Outstanding - December 31, 2015 205,500 $ 14.92  Granted - -  Exercised and settled - -  Forfeited - -  Outstanding - June 30, 2016 205,500 $ 14.92   Fully vested and exercisable at June 30, 2016 121,100  Fully vested and exercisable at December 31, 2015 76,200  Expected to vest in future periods 84,400 
Schedule of Non-Vested Restricted Stock Activity	The following table summarizes non-vested restricted stock activity for the three months ended June 30, 2016:     Balance - December 31, 2015 53,947  Granted -  Forfeited (1,078)  Vested (21,185)  Balance - June 30, 2016 31,684 

ACCUMULATED OTHER COMPREHENSI25

ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)	6 Months Ended
	Jun. 30, 2016
Accumulated Other Comprehensive Income [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table is changes in Accumulated Other Comprehensive Income by component, net of tax , for the three and six months ended June 30, 2016 and June 30, 2015 (in thousands) :           Unrealized Gains and Losses on Available-for-Sale Securities  Three months ended Three months ended Six months ended Six months ended  June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015  Beginning balance $ 643 $ 614 $ 384 $ 460   Other comprehensive income (loss), net of tax before reclassification 268 (370) 527 (216)   Amounts reclassified from accumulated other comprehensive income for loss on call of securities, net of tax benefit of $1 , $0 , $1 and $0 respectively 2 - 2 -   Net current period other comprehensive income (loss) 270 (370) 529 (216)   Ending Balance $ 913 $ 244 $ 913 $ 244 

SECURITIES AVAILABLE FOR SALE26

SECURITIES AVAILABLE FOR SALE (Reconciliation from Amortized Cost to Fair Value of AFS Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Total securities	$ 62,012	$ 63,975
Gross Unrealized Gains	1,403	831
Gross Unrealized Losses	(20)	(250)
Amortized Cost	60,629	63,394
US States and Political Subdivisions Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Total securities	19,614	17,960
Gross Unrealized Gains	713	567
Gross Unrealized Losses	(5)	(5)
Amortized Cost	18,906	17,398
US Government Agencies Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Total securities	6,512	9,638
Gross Unrealized Gains	15
Gross Unrealized Losses	(3)	(112)
Amortized Cost	6,500	9,750
Federal Home Loan Mortgage Corporation Certificates and Obligations (FHLMC) [Member]
Schedule of Available-for-sale Securities [Line Items]
Total securities	11,660	11,644
Gross Unrealized Gains	294	156
Gross Unrealized Losses		(11)
Amortized Cost	11,366	11,499
Federal National Mortgage Association Certificates and Obligations (FNMA) [Member]
Schedule of Available-for-sale Securities [Line Items]
Total securities	10,755	11,727
Gross Unrealized Gains	228	91
Gross Unrealized Losses		(21)
Amortized Cost	10,527	11,657
Collateralized Mortgage Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Total securities	6,496	7,634
Gross Unrealized Gains	24
Gross Unrealized Losses	(12)	(86)
Amortized Cost	6,484	7,720
SBA Loan Pools [Member]
Schedule of Available-for-sale Securities [Line Items]
Total securities	6,975	5,372
Gross Unrealized Gains	129	17
Gross Unrealized Losses		(15)
Amortized Cost	$ 6,846	$ 5,370

SECURITIES AVAILABLE FOR SALE27

SECURITIES AVAILABLE FOR SALE (Investments Classified by Contractual Maturity Date) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Amortized Cost, Within one year	$ 439
Amortized Cost, One to five years	13,063
Amortized Cost, Five to ten years	8,343
Amortized Cost, Beyond ten years	3,561
Amortized Cost, Total	60,629
Fair Value, Within one year	439
Fair Value, One to five years	13,211
Fair Value, Five to ten years	8,816
Fair Value, Beyond ten years	3,660
Fair Value, Total	62,012	$ 63,975
Mortgage Backed Securities and Collateralized Mortgage Obligations [Member]
Amortized Cost, without single maturity period	28,377
Fair Value, without single maturity period	28,911
SBA Loan Pools [Member]
Amortized Cost, without single maturity period	6,846
Fair Value, without single maturity period	6,975
Fair Value, Total	$ 6,975	$ 5,372

SECURITIES AVAILABLE FOR SALE28

SECURITIES AVAILABLE FOR SALE (Schedule of Investments in Unrealized Loss Position) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	$ 5,367	$ 16,759
12 Months or Longer, Fair Value	4,990	7,673
Total Securities, Fair Value	10,357	24,432
Less than 12 Months, Unrealized Losses	(9)	(126)
12 Months or Longer, Unrealized Losses	(11)	(124)
Total Securities, Unrealized Losses	(20)	(250)
US States and Political Subdivisions Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	1,667	1,357
Total Securities, Fair Value	1,667	1,357
Less than 12 Months, Unrealized Losses	(5)	(5)
Total Securities, Unrealized Losses	(5)	(5)
US Government Agencies Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	2,997	4,212
12 Months or Longer, Fair Value	2,500	5,426
Total Securities, Fair Value	5,497	9,638
Less than 12 Months, Unrealized Losses	(2)	(39)
12 Months or Longer, Unrealized Losses	(1)	(73)
Total Securities, Unrealized Losses	(3)	(112)
Federal Home Loan Mortgage Corporation Certificates and Obligations (FHLMC) [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value		1,429
Total Securities, Fair Value		1,429
Less than 12 Months, Unrealized Losses		(11)
Total Securities, Unrealized Losses		(11)
Federal National Mortgage Association Certificates and Obligations (FNMA) [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value		2,529
Total Securities, Fair Value		2,529
Less than 12 Months, Unrealized Losses		(21)
Total Securities, Unrealized Losses		(21)
Collateralized Mortgage Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	703	5,387
12 Months or Longer, Fair Value	2,490	2,247
Total Securities, Fair Value	3,193	7,634
Less than 12 Months, Unrealized Losses	(2)	(35)
12 Months or Longer, Unrealized Losses	(10)	(51)
Total Securities, Unrealized Losses	$ (12)	(86)
SBA Loan Pools [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value		1,845
Total Securities, Fair Value		1,845
Less than 12 Months, Unrealized Losses		(15)
Total Securities, Unrealized Losses		$ (15)

LOANS (Narrative) (Details)

LOANS (Narrative) (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)contractloan	Jun. 30, 2015USD ($)contract	Jun. 30, 2016USD ($)loan	Jun. 30, 2015USD ($)loan	Dec. 31, 2015USD ($)
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	$ 343,793,000		$ 343,793,000		$ 316,352,000
Non-accrual loans	3,650,000		3,650,000		4,502,000
Accretion of income	$ 19,000	$ 38,000	$ 86,000	$ 110,000
Financing receivable, modifications, number of contracts | loan	1		1	1
Financing receivable, modifications, subsequent default, number of contracts | contract	0	0
Mortgage loans in process of foreclosure, amount	$ 1,300,000		$ 1,300,000
Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	2,216,000		2,216,000		2,640,000
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	7,250,000		7,250,000		8,782,000
Substandard [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	$ 2,000,000		$ 2,000,000		$ 2,300,000

LOANS (Schedule of Outstanding

LOANS (Schedule of Outstanding Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Accounts Notes and Loans Receivable [Line Items]
Total	$ 343,793	$ 316,352
Less: Net deferred loan fees	426	351
Loans receivable, allowance for losses	2,067	1,858
Loans, net of allowance, Total	341,300	314,143
Real Estate Portfolio Segment [Member]
Accounts Notes and Loans Receivable [Line Items]
Total	281,996	258,142
Commercial Portfolio Segment [Member]
Accounts Notes and Loans Receivable [Line Items]
Total	34,110	31,841
Consumer Portfolio Segment [Member]
Accounts Notes and Loans Receivable [Line Items]
Total	27,687	26,369
One to Four Family [Member] | Real Estate Portfolio Segment [Member]
Accounts Notes and Loans Receivable [Line Items]
Total	189,421	184,613
Multi-Family [Member] | Real Estate Portfolio Segment [Member]
Accounts Notes and Loans Receivable [Line Items]
Total	4,259	4,521
Commercial Real Estate [Member] | Real Estate Portfolio Segment [Member]
Accounts Notes and Loans Receivable [Line Items]
Total	69,607	62,726
Construction and Land [Member] | Real Estate Portfolio Segment [Member]
Accounts Notes and Loans Receivable [Line Items]
Total	18,709	6,282
Home Equity Loan [Member] | Consumer Portfolio Segment [Member]
Accounts Notes and Loans Receivable [Line Items]
Total	9,288	8,287
Motor Vehicle [Member] | Consumer Portfolio Segment [Member]
Accounts Notes and Loans Receivable [Line Items]
Total	10,759	10,735
Other [Member] | Consumer Portfolio Segment [Member]
Accounts Notes and Loans Receivable [Line Items]
Total	$ 7,640	$ 7,347

LOANS (Schedule of Balance in t

LOANS (Schedule of Balance in the Allowance For Loan Losses and Recorded Investment) (Details) - USD ($)	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for Loan Losses, Individually Evaluated for Impairment	$ 30,000		$ 15,000
Allowance for Loan Losses, Collectively Evaluated for Impairment	2,037,000		1,843,000
Allowance for Loan Losses	2,067,000	$ 2,135,000	1,858,000	$ 2,073,000	$ 2,013,000	$ 1,911,000
Loan Balances, Individually Evaluated for Impairment	1,151,000		1,969,000
Notes receivable, net	343,793,000		316,352,000
Loan Balances, Collectively Evaluated for Impairment	340,426,000		311,743,000
Total	343,793,000		316,352,000
Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for Loan Losses	0		0
Notes receivable, net	2,216,000		2,640,000
Total	160,000		237,000
Real Estate Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for Loan Losses, Individually Evaluated for Impairment	29,000		2,000
Allowance for Loan Losses, Collectively Evaluated for Impairment	1,768,000		1,674,000
Allowance for Loan Losses	1,797,000	1,904,000	1,676,000	1,900,000	1,878,000	1,806,000
Loan Balances, Individually Evaluated for Impairment	1,021,000		1,497,000
Loan Balances, Collectively Evaluated for Impairment	278,765,000		254,021,000
Total	281,996,000		258,142,000
Real Estate Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Notes receivable, net	2,210,000		2,624,000
Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for Loan Losses, Individually Evaluated for Impairment	1,000
Allowance for Loan Losses, Collectively Evaluated for Impairment	125,000		77,000
Allowance for Loan Losses	126,000	93,000	77,000	89,000	72,000	43,000
Loan Balances, Individually Evaluated for Impairment	130,000		449,000
Notes receivable, net	34,110,000		31,841,000
Loan Balances, Collectively Evaluated for Impairment	33,980,000		31,392,000
Total	34,110,000		31,841,000
Consumer Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for Loan Losses, Individually Evaluated for Impairment			13,000
Allowance for Loan Losses, Collectively Evaluated for Impairment	144,000		92,000
Allowance for Loan Losses	144,000	$ 138,000	105,000	84,000	$ 63,000	62,000
Loan Balances, Individually Evaluated for Impairment			23,000
Loan Balances, Collectively Evaluated for Impairment	27,681,000		26,330,000
Total	27,687,000		26,369,000
Consumer Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Notes receivable, net	$ 6,000		$ 16,000
Unallocated Financing Receivables [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for Loan Losses

LOANS (Schedule of Impaired Loa

LOANS (Schedule of Impaired Loans by Class I) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
With no related allowance recorded	$ 1,236	$ 2,181
With an allowance recorded	58	237
Total	1,294	2,418
Impaired Financing Receivable, Recorded Investment [Abstract]
With no related allowance recorded	1,093	1,732
With an allowance recorded	58	237
Total	1,151	1,969
Allowance for Loan Losses Allocated	30	15
Real Estate Portfolio Segment [Member] | One to Four Family [Member]
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
With no related allowance recorded	520	1,416
With an allowance recorded	57
Impaired Financing Receivable, Recorded Investment [Abstract]
With no related allowance recorded	520	1,100
With an allowance recorded	57
Allowance for Loan Losses Allocated	29
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member]
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
With no related allowance recorded	444	183
With an allowance recorded		214
Impaired Financing Receivable, Recorded Investment [Abstract]
With no related allowance recorded	444	183
With an allowance recorded		214
Allowance for Loan Losses Allocated		2
Commercial Portfolio Segment [Member]
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
With no related allowance recorded	272	582
With an allowance recorded	1
Impaired Financing Receivable, Recorded Investment [Abstract]
With no related allowance recorded	129	449
With an allowance recorded	1
Allowance for Loan Losses Allocated	$ 1
Consumer Portfolio Segment [Member] | Home Equity Loan [Member]
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
With an allowance recorded		23
Impaired Financing Receivable, Recorded Investment [Abstract]
With an allowance recorded		23
Allowance for Loan Losses Allocated		$ 13

LOANS (Schedule of Impaired L33

LOANS (Schedule of Impaired Loans by Class II) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	$ 1,151	$ 2,120	$ 1,349	$ 1,811
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	2		4
Impaired Financing Receivable, with Related Allowance, Interest Income, Cash Basis Method
Real Estate Portfolio Segment [Member] | One to Four Family [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	577	886	745	696
Impaired Financing Receivable, with Related Allowance, Interest Income, Accrual Method	2		4
Impaired Financing Receivable, with Related Allowance, Interest Income, Cash Basis Method
Real Estate Portfolio Segment [Member] | Multi-Family [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Interest Income, Cash Basis Method
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	444	995	446	873
Impaired Financing Receivable, with Related Allowance, Interest Income, Cash Basis Method
Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Interest Income, Cash Basis Method
Commercial Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	$ 130	239	146	$ 242
Impaired Financing Receivable, with Related Allowance, Interest Income, Cash Basis Method
Consumer Portfolio Segment [Member] | Home Equity Loan [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment			$ 12
Impaired Financing Receivable, with Related Allowance, Interest Income, Cash Basis Method
Consumer Portfolio Segment [Member] | Motor Vehicle [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Interest Income, Cash Basis Method
Consumer Portfolio Segment [Member] | Other [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Interest Income, Cash Basis Method

LOANS (Schedule of Loan Loss Al

LOANS (Schedule of Loan Loss Allowance Analysis) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Accounts Notes and Loans Receivable [Line Items]
Beginning balance	$ 2,135	$ 2,013	$ 1,858	$ 1,911
Provision for loan losses	85	394	460	485
Loans charged-off	(215)	(365)	(358)	(516)
Recoveries	62	31	107	193
Ending balance	2,067	2,073	2,067	2,073
Real Estate Portfolio Segment [Member]
Accounts Notes and Loans Receivable [Line Items]
Beginning balance	1,904	1,878	1,676	1,806
Provision for loan losses	(20)	279	278	278
Loans charged-off	(94)	(266)	(167)	(318)
Recoveries	7	9	10	134
Ending balance	1,797	1,900	1,797	1,900
Commercial Portfolio Segment [Member]
Accounts Notes and Loans Receivable [Line Items]
Beginning balance	93	72	77	43
Provision for loan losses	82	7	93	61
Loans charged-off	(77)		(77)	(52)
Recoveries	28	10	33	37
Ending balance	126	89	126	89
Consumer Portfolio Segment [Member]
Accounts Notes and Loans Receivable [Line Items]
Beginning balance	138	63	105	62
Provision for loan losses	23	108	89	146
Loans charged-off	(44)	(99)	(114)	(146)
Recoveries	27	12	64	22
Ending balance	$ 144	84	$ 144	84
Unallocated Financing Receivables [Member]
Accounts Notes and Loans Receivable [Line Items]
Beginning balance
Provision for loan losses
Loans charged-off
Recoveries
Ending balance

LOANS (Schedule of Recorded Inv

LOANS (Schedule of Recorded Investment in Nonaccrual and Loans Past Due) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Accounts Notes and Loans Receivable [Line Items]
Nonaccrual	$ 3,650	$ 4,502
Real Estate Portfolio Segment [Member] | One to Four Family [Member]
Accounts Notes and Loans Receivable [Line Items]
Nonaccrual	2,629	2,967
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member]
Accounts Notes and Loans Receivable [Line Items]
Nonaccrual	763	773
Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Accounts Notes and Loans Receivable [Line Items]
Nonaccrual		259
Commercial Portfolio Segment [Member]
Accounts Notes and Loans Receivable [Line Items]
Nonaccrual	130	449
Consumer Portfolio Segment [Member] | Home Equity Loan [Member]
Accounts Notes and Loans Receivable [Line Items]
Nonaccrual	122	23
Consumer Portfolio Segment [Member] | Other [Member]
Accounts Notes and Loans Receivable [Line Items]
Nonaccrual	$ 6	$ 31

LOANS (Schedule of Aging of the

LOANS (Schedule of Aging of the Recorded Investment in Past Due Loans) (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	$ 3,978,000	$ 3,128,000
Loans Not Past Due	337,599,000	310,584,000
Total	343,793,000	316,352,000
Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable, gross	2,216,000	2,640,000
Total	160,000	237,000
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	2,019,000	1,245,000
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	610,000	57,000
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	1,349,000	1,826,000
Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	281,996,000	258,142,000
Real Estate Portfolio Segment [Member] | One to Four Family [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	2,276,000	2,413,000
Loans Not Past Due	185,828,000	180,895,000
Total	189,421,000	184,613,000
Real Estate Portfolio Segment [Member] | One to Four Family [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable, gross	1,317,000	1,305,000
Real Estate Portfolio Segment [Member] | One to Four Family [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	798,000	1,152,000
Real Estate Portfolio Segment [Member] | One to Four Family [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	595,000	35,000
Real Estate Portfolio Segment [Member] | One to Four Family [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	883,000	1,226,000
Real Estate Portfolio Segment [Member] | Multi-Family [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Not Past Due	4,259,000	4,521,000
Total	4,259,000	4,521,000
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	637,000	258,000
Loans Not Past Due	68,077,000	61,407,000
Total	69,607,000	62,726,000
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable, gross	893,000	1,061,000
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	415,000	44,000
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	222,000	214,000
Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Not Past Due	18,709,000	6,024,000
Total	18,709,000	6,282,000
Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable, gross		258,000
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	827,000	384,000
Loans Not Past Due	33,283,000	31,457,000
Total	34,110,000	31,841,000
Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	705,000	3,000
Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due		19,000
Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	122,000	362,000
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total	27,687,000	26,369,000
Consumer Portfolio Segment [Member] | Home Equity Loan [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	122,000	23,000
Loans Not Past Due	9,166,000	8,264,000
Total	9,288,000	8,287,000
Consumer Portfolio Segment [Member] | Home Equity Loan [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	122,000	23,000
Consumer Portfolio Segment [Member] | Motor Vehicle [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	83,000	22,000
Loans Not Past Due	10,674,000	10,709,000
Total	10,759,000	10,735,000
Consumer Portfolio Segment [Member] | Motor Vehicle [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable, gross	2,000	4,000
Consumer Portfolio Segment [Member] | Motor Vehicle [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	68,000	21,000
Consumer Portfolio Segment [Member] | Motor Vehicle [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	15,000	1,000
Consumer Portfolio Segment [Member] | Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	33,000	28,000
Loans Not Past Due	7,603,000	7,307,000
Total	7,640,000	7,347,000
Consumer Portfolio Segment [Member] | Other [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Financing receivable, gross	4,000	12,000
Consumer Portfolio Segment [Member] | Other [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	$ 33,000	25,000
Consumer Portfolio Segment [Member] | Other [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due		2,000
Consumer Portfolio Segment [Member] | Other [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due		$ 1,000

LOANS (Troubled Debt Restructur

LOANS (Troubled Debt Restructured During The Period) (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2016USD ($)loan	Jun. 30, 2016USD ($)loan	Jun. 30, 2015USD ($)loan	Dec. 31, 2015USD ($)
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	$ 309	$ 309		$ 307
Financing receivable, modifications, number of contracts | loan	1	1	1
Financing Receivable, Modifications, Pre-Modification Recorded Investment		$ 17	$ 105
Financing Receivable, Modifications, Post-Modification Recorded Investment		17	$ 105
Troubled Debt Restructurings, Non-accrual [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	$ 204	204		202
Troubled Debt Restructurings, Other [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	105	105		105
Commercial Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	19	19		19
Commercial Portfolio Segment [Member] | Troubled Debt Restructurings, Non-accrual [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	19	19		19
One to Four Family [Member] | Real Estate Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	122	$ 122		105
Financing receivable, modifications, number of contracts | loan		1	1
Financing Receivable, Modifications, Pre-Modification Recorded Investment		$ 17	$ 105
Financing Receivable, Modifications, Post-Modification Recorded Investment		17	$ 105
One to Four Family [Member] | Real Estate Portfolio Segment [Member] | Troubled Debt Restructurings, Non-accrual [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	17	17
One to Four Family [Member] | Real Estate Portfolio Segment [Member] | Troubled Debt Restructurings, Other [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	105	105		105
Commercial Real Estate [Member] | Real Estate Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	168	168		183
Commercial Real Estate [Member] | Real Estate Portfolio Segment [Member] | Troubled Debt Restructurings, Non-accrual [Member]
Financing Receivable, Modifications [Line Items]
Financing Receivable, Modifications, Recorded Investment	$ 168	$ 168		$ 183

LOANS (Financing Receivable Cre

LOANS (Financing Receivable Credit Quality Indicators ) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	$ 343,793	$ 316,352
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	333,375	304,734
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	3,168	2,836
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	7,250	8,782
Real Estate Portfolio Segment [Member] | One to Four Family [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	189,421	184,613
Real Estate Portfolio Segment [Member] | One to Four Family [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	182,771	176,824
Real Estate Portfolio Segment [Member] | One to Four Family [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	2,350	2,716
Real Estate Portfolio Segment [Member] | One to Four Family [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	4,300	5,073
Real Estate Portfolio Segment [Member] | Multi-Family [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	4,259	4,521
Real Estate Portfolio Segment [Member] | Multi-Family [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	4,259	4,521
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	69,607	62,726
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	67,342	60,544
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	498	107
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	1,767	2,075
Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	18,709	6,282
Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	18,709	6,023
Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		0
Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		259
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	34,110	31,841
Commercial Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	32,795	30,551
Commercial Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	303	5
Commercial Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	1,012	1,285
Consumer Portfolio Segment [Member] | Home Equity Loan [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	9,288	8,287
Consumer Portfolio Segment [Member] | Home Equity Loan [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	9,143	8,262
Consumer Portfolio Segment [Member] | Home Equity Loan [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	6	0
Consumer Portfolio Segment [Member] | Home Equity Loan [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	139	25
Consumer Portfolio Segment [Member] | Motor Vehicle [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	10,759	10,735
Consumer Portfolio Segment [Member] | Motor Vehicle [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	10,730	10,703
Consumer Portfolio Segment [Member] | Motor Vehicle [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	7	0
Consumer Portfolio Segment [Member] | Motor Vehicle [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	22	32
Consumer Portfolio Segment [Member] | Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	7,640	7,347
Consumer Portfolio Segment [Member] | Other [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	7,626	7,306
Consumer Portfolio Segment [Member] | Other [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	4	8
Consumer Portfolio Segment [Member] | Other [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	$ 10	$ 33

LOANS (Schedule of Purchased Lo

LOANS (Schedule of Purchased Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable, Impaired [Line Items]
Notes receivable, net	$ 343,793	$ 316,352
Non-impaired Purchased Loans [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	68,488	77,431
Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	2,216	2,640
Real Estate Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	2,210	2,624
Real Estate Portfolio Segment [Member] | One to Four Family [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	189,421	184,613
Real Estate Portfolio Segment [Member] | One to Four Family [Member] | Non-impaired Purchased Loans [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	34,653	37,557
Real Estate Portfolio Segment [Member] | One to Four Family [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	1,317	1,305
Real Estate Portfolio Segment [Member] | Multi-Family [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	4,259	4,521
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	69,607	62,726
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Non-impaired Purchased Loans [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	25,786	28,322
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	893	1,061
Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	18,709	6,282
Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Non-impaired Purchased Loans [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	910	1,058
Real Estate Portfolio Segment [Member] | Construction and Land [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net		258
Commercial Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	34,110	31,841
Commercial Portfolio Segment [Member] | Non-impaired Purchased Loans [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	4,320	7,122
Consumer Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	6	16
Consumer Portfolio Segment [Member] | Home Equity Loan [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	9,288	8,287
Consumer Portfolio Segment [Member] | Home Equity Loan [Member] | Non-impaired Purchased Loans [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	1,596	1,660
Consumer Portfolio Segment [Member] | Motor Vehicle [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	10,759	10,735
Consumer Portfolio Segment [Member] | Motor Vehicle [Member] | Non-impaired Purchased Loans [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	346	605
Consumer Portfolio Segment [Member] | Motor Vehicle [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	2	4
Consumer Portfolio Segment [Member] | Other [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	7,640	7,347
Consumer Portfolio Segment [Member] | Other [Member] | Non-impaired Purchased Loans [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	877	1,107
Consumer Portfolio Segment [Member] | Other [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Impaired [Line Items]
Notes receivable, net	$ 4	$ 12

LOANS (Composition of Acquired

LOANS (Composition of Acquired Loans) (Details) $ in Thousands	Jun. 30, 2016USD ($)
Financing Receivable, Impaired [Line Items]
Contractual Amount	$ 71,945
Fair Value Adjustments	(1,241)
Fair Value	70,704
Real Estate Portfolio Segment [Member] | One to Four Family [Member]
Financing Receivable, Impaired [Line Items]
Contractual Amount	36,673
Fair Value Adjustments	(703)
Fair Value	35,970
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Contractual Amount	27,122
Fair Value Adjustments	(443)
Fair Value	26,679
Real Estate Portfolio Segment [Member] | Construction and Land [Member]
Financing Receivable, Impaired [Line Items]
Contractual Amount	919
Fair Value Adjustments	(9)
Fair Value	910
Commercial Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Contractual Amount	4,371
Fair Value Adjustments	(51)
Fair Value	4,320
Consumer Portfolio Segment [Member] | Home Equity Loan [Member]
Financing Receivable, Impaired [Line Items]
Contractual Amount	1,613
Fair Value Adjustments	(17)
Fair Value	1,596
Consumer Portfolio Segment [Member] | Motor Vehicle [Member]
Financing Receivable, Impaired [Line Items]
Contractual Amount	352
Fair Value Adjustments	(4)
Fair Value	348
Consumer Portfolio Segment [Member] | Other [Member]
Financing Receivable, Impaired [Line Items]
Contractual Amount	895
Fair Value Adjustments	(14)
Fair Value	$ 881

LOANS (Loans Acquired with Dete

LOANS (Loans Acquired with Deteriorated Credit Quality, By Class) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
LOANS [Abstract]
Carrying amount	$ 2,216	$ 2,640
Non-Accretable difference	304	349
Accretable yield	206	292
Contractually-required principal and interest payments	$ 2,726	$ 3,281

LOANS (Purchased Loans with Evi

LOANS (Purchased Loans with Evidence of Deterioration of Credit) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Financing receivable, allowance for credit losses	$ 2,067	$ 2,135	$ 1,858	$ 2,073	$ 2,013	$ 1,911
Financing receivable, net, total	343,793		316,352
Certain Loans Acquired in Transfer Accounted for as Debt Securities, Carrying Amount, Net	2,216		2,640
Receivables Acquired with Deteriorated Credit Quality [Member]
Financing receivable, gross	2,216		2,640
Financing receivable, allowance for credit losses	0		0
Financing receivable, net, total	2,216		2,640
Real Estate Portfolio Segment [Member]
Financing receivable, allowance for credit losses	1,797	1,904	1,676	1,900	1,878	1,806
Real Estate Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing receivable, net, total	2,210		2,624
Commercial Portfolio Segment [Member]
Financing receivable, allowance for credit losses	126	93	77	89	72	43
Financing receivable, net, total	34,110		31,841
Consumer Portfolio Segment [Member]
Financing receivable, allowance for credit losses	144	$ 138	105	$ 84	$ 63	$ 62
Consumer Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing receivable, net, total	6		16
One to Four Family [Member] | Real Estate Portfolio Segment [Member]
Financing receivable, net, total	189,421		184,613
One to Four Family [Member] | Real Estate Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing receivable, gross	1,317		1,305
Financing receivable, net, total	1,317		1,305
Multi-Family [Member] | Real Estate Portfolio Segment [Member]
Financing receivable, net, total	4,259		4,521
Commercial Real Estate [Member] | Real Estate Portfolio Segment [Member]
Financing receivable, net, total	69,607		62,726
Commercial Real Estate [Member] | Real Estate Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing receivable, gross	893		1,061
Financing receivable, net, total	893		1,061
Construction and Land [Member] | Real Estate Portfolio Segment [Member]
Financing receivable, net, total	18,709		6,282
Construction and Land [Member] | Real Estate Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing receivable, gross			258
Financing receivable, net, total			258
Home Equity Loan [Member] | Consumer Portfolio Segment [Member]
Financing receivable, net, total	9,288		8,287
Motor Vehicle [Member] | Consumer Portfolio Segment [Member]
Financing receivable, net, total	10,759		10,735
Motor Vehicle [Member] | Consumer Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing receivable, gross	2		4
Financing receivable, net, total	2		4
Other [Member] | Consumer Portfolio Segment [Member]
Financing receivable, net, total	7,640		7,347
Other [Member] | Consumer Portfolio Segment [Member] | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing receivable, gross	4		12
Financing receivable, net, total	$ 4		$ 12

LOANS (Rollforward of Accretabl

LOANS (Rollforward of Accretable yield) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
LOANS [Abstract]
Beginning Balance			$ 292,000	$ 625,000
New Loans Purchased
Accretion of income	$ (19,000)	$ (38,000)	(86,000)	(110,000)
Reclassifications from nonaccretable difference
Disposals
Ending Balance	$ 206,000	$ 515,000	$ 206,000	$ 515,000

FEDERAL HOME LOAN BANK ADVANC44

FEDERAL HOME LOAN BANK ADVANCES (Schedule of FHLB Advances) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Schedule of federal home loan bank advances
Maturities July 2016 through January 2029, fixed rate at rates from 0.44% to 6.86%, weighted average rate of 1.03% at June 30, 2016 and 1.52% at December 31, 2015	$ 26,432	$ 15,803
Minimum [Member]
Schedule of federal home loan bank advances
Maturities fixed rates	0.44%	0.44%
Maximum [Member]
Schedule of federal home loan bank advances
Maturities fixed rates	6.86%	6.86%
Weighted Average [Member]
Schedule of federal home loan bank advances
Maturities fixed rates	1.03%	1.52%

FEDERAL HOME LOAN BANK ADVANC45

FEDERAL HOME LOAN BANK ADVANCES (FHLB Advances, Contractually Required Payments) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Payments contractually required over the next five years
2,017	$ 23,385
2,018	1,629
2,019	914
2,020	94
2,021	80
Thereafter	330
Total	$ 26,432	$ 15,803

FAIR VALUE (Narrative) (Details

FAIR VALUE (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impaired loans, gross	$ 343,793,000		$ 343,793,000		$ 316,352,000
Loans receivable, allowance for losses	2,067,000		2,067,000		1,858,000
Loans receivable, net of allowance	341,300,000		341,300,000		314,143,000
Provision for loan losses	85,000	$ 394,000	460,000	$ 485,000
Other real estate owned write-downs	14,000	0	14,000	0
Other real estate, foreclosed assets, and repossessed assets	28,000		28,000		0
Outstanding balance	42,000		42,000
Other real estate, valuation allowance	14,000		$ 14,000
Minimum [Member] | Bank management [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Appraisal values discounted to allow for selling expenses and fees			5.00%
Maximum [Member] | Bank management [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Appraisal values discounted to allow for selling expenses and fees			10.00%
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans receivable, fair value disclosure	341,300,000		$ 341,300,000		314,143,000
Receivables Acquired with Deteriorated Credit Quality [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Impaired loans, gross	160,000		160,000		237,000
Loans receivable, allowance for losses	29,000		29,000		15,000
Loans receivable, net of allowance	131,000		131,000		$ 222,000
Charge-offs	$ 31,000	$ 200,000	$ 31,000	$ 200,000

FAIR VALUE (Assets and Liabilit

FAIR VALUE (Assets and Liabilities Measured on Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities	$ 62,012	$ 63,975
Fair Value Measurements (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities	62,012	63,975
US States and Political Subdivisions Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities	19,614	17,960
US States and Political Subdivisions Debt Securities [Member] | Fair Value Measurements (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities	19,614	17,960
US Government Agencies Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities	6,512	9,638
US Government Agencies Debt Securities [Member] | Fair Value Measurements (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities	6,512	9,638
Residential Mortgage Backed Securities [Member] | Fair Value Measurements (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities	22,415	23,371
Collateralized Mortgage Obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities	6,496	7,634
Collateralized Mortgage Obligations [Member] | Fair Value Measurements (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities	6,496	7,634
SBA Loan Pools [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities	6,975	5,372
SBA Loan Pools [Member] | Fair Value Measurements (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities	6,975	5,372
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities	62,012	63,975
Carrying (Reported) Amount, Fair Value Disclosure [Member] | US States and Political Subdivisions Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities	19,614	17,960
Carrying (Reported) Amount, Fair Value Disclosure [Member] | US Government Agencies Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities	6,512	9,638
Carrying (Reported) Amount, Fair Value Disclosure [Member] | Residential Mortgage Backed Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities	22,415	23,371
Carrying (Reported) Amount, Fair Value Disclosure [Member] | Collateralized Mortgage Obligations [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities	6,496	7,634
Carrying (Reported) Amount, Fair Value Disclosure [Member] | SBA Loan Pools [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities	$ 6,975	$ 5,372

FAIR VALUE (Assets Measured at

FAIR VALUE (Assets Measured at Fair Value on a Non-recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Impaired Loans [Member] | Real Estate Portfolio Segment [Member] | Fair Value Measurements (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Nonrecurring	$ 131
Impaired Loans [Member] | Commercial Real Estate Portfolio Segment [Member] | Fair Value Measurements (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Nonrecurring		$ 212
Impaired Loans [Member] | Consumer Portfolio Segment [Member] | Fair Value Measurements (Level 3) [Member] | Home Equity Loan [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Nonrecurring		10
Impaired Loans [Member] | Carrying (Reported) Amount, Fair Value Disclosure [Member] | Real Estate Portfolio Segment [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Nonrecurring	131
Impaired Loans [Member] | Carrying (Reported) Amount, Fair Value Disclosure [Member] | Commercial Real Estate Portfolio Segment [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Nonrecurring		212
Impaired Loans [Member] | Carrying (Reported) Amount, Fair Value Disclosure [Member] | Consumer Portfolio Segment [Member] | Home Equity Loan [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Nonrecurring		$ 10
Other Real Estate Owned [Member] | Real Estate Portfolio Segment [Member] | Fair Value Measurements (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Nonrecurring	28
Other Real Estate Owned [Member] | Carrying (Reported) Amount, Fair Value Disclosure [Member] | Real Estate Portfolio Segment [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure, Nonrecurring	$ 28

FAIR VALUE (Fair Value, by Bala

FAIR VALUE (Fair Value, by Balance Sheet Grouping) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities	$ 62,012	$ 63,975
Accrued interest receivable	1,377	1,340
Subordinated debenture	2,793	2,761
Accrued interest payable	91	38
Carrying (Reported) Amount, Fair Value Disclosure [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	11,603	23,876
Interest bearing deposits	1,992	1,992
Securities	62,012	63,975
Restricted stock	3,276	3,276
Loans held for sale	391	367
Loans, net	341,300	314,143
Accrued interest receivable	1,377	1,340
Deposits	344,229	343,130
Federal Home Loan Bank advances	26,432	15,803
Subordinated debenture	2,793	2,761
Accrued interest payable	91	38
Portion at Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	11,603	23,876
Interest bearing deposits	1,992	1,992
Securities	62,012	63,975
Loans held for sale	391	367
Loans, net	375,557	356,337
Accrued interest receivable	1,377	1,340
Deposits	345,677	342,612
Federal Home Loan Bank advances	26,441	20,713
Subordinated debenture	3,012	2,761
Accrued interest payable	91	38
Fair Value Measurements (Level 1) [Member] | Portion at Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	11,603	23,876
Interest bearing deposits	1,992	1,992
Deposits	184,220	184,284
Federal Home Loan Bank advances	21,000	9,770
Fair Value Measurements (Level 2) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities	62,012	63,975
Fair Value Measurements (Level 2) [Member] | Portion at Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities	62,012	63,975
Loans held for sale	391	367
Accrued interest receivable	296	294
Deposits	161,457	158,328
Federal Home Loan Bank advances	5,441	10,943
Subordinated debenture	3,012	2,761
Accrued interest payable	91	38
Fair Value Measurements (Level 3) [Member] | Portion at Fair Value Measurement [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Loans, net	375,557	356,337
Accrued interest receivable	$ 1,081	$ 1,046

ESOP PLAN (Narrative) (Details)

ESOP PLAN (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
ESOP Plan [Abstract]
Number of shares issued for ESOP			269,790
Employee Stock Ownership Plan (ESOP), weighted average purchase price of shares purchased			$ 10
Employee Stock Ownership Plan (ESOP), cash contributions to ESOP	$ 0	$ 0	$ 0	$ 0

ESOP PLAN (Schedule of Shares H

ESOP PLAN (Schedule of Shares Held by the ESOP) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
ESOP Plan [Abstract]
Allocated to participants	42,832	42,832
Committed to be released	20,234
Unearned	205,719	225,953
Total ESOP shares	268,785	268,785
Fair value of unearned shares (in dollars)	$ 3,534	$ 3,864

EARNINGS PER SHARE (Narrative)

EARNINGS PER SHARE (Narrative) (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Incremental common shares attributable to dilutive effect of share-based payment arrangements	9,579		13,973
Antidilutive securities	0
Employee Stock Option [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Antidilutive securities		299,500		299,500
Employee Stock Option [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Stock options considered in computing diluted earnings per common share	205,500		205,500		205,500

EARNINGS PER SHARE (Schedule of

EARNINGS PER SHARE (Schedule of Earnings per Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Basic
Net income	$ 688	$ 1,716	$ 1,187	$ 2,302
Less: Earnings allocated to participating securities	6	32	13	49
Net income available to common shareholders	$ 682	$ 1,684	$ 1,174	$ 2,253
Weighted average common shares outstanding	3,813,989	3,842,894	3,830,699	3,845,905
Less: Average unallocated ESOP shares	207,930	235,436	209,616	237,427
Average participating shares	35,431	72,248	43,204	81,865
Average shares	3,570,628	3,535,210	3,577,879	3,526,613
Basic earnings per common share	$ 0.19	$ 0.48	$ 0.33	$ 0.64
Diluted
Net income	$ 682	$ 1,684	$ 1,174	$ 2,253
Weighted average common shares outstanding for basic earnings per common share	3,570,628	3,535,210	3,577,879	3,526,613
Add: Dilutive effects of assumed exercises of stock options	9,579		13,973
Average shares and dilutive potential common shares	3,580,207	3,535,210	3,591,852	3,526,613
Diluted earnings per common share	$ 0.19	$ 0.48	$ 0.33	$ 0.64

STOCK BASED COMPENSATION (Narra

STOCK BASED COMPENSATION (Narrative) (Details) - USD ($)	Mar. 19, 2014	May 10, 2013	Apr. 16, 2013	May 31, 2015	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015	Jan. 08, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, number of shares authorized										472,132
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, number of shares authorized										337,237
Options, granted	20,000	300,000		5,000
Share-based compensation arrangement by share-based payment award, award vesting period							5 years
Share-based compensation arrangement by share-based payment award, expiration period							10 years
Options, vested					44,900
Allocated share-based compensation expense					$ 19,000	$ 31,000	$ 50,000	$ 61,000
Unrecognized stock-based compensation expense					$ 157,000		$ 157,000		$ 208,000
Options oustanding					205,500		205,500		205,500
Options outstanding, intrinsic value					$ 464,000		$ 464,000		$ 446,000
Fully vested and exercisable					121,100		121,100		76,200
Fully vested and exercisable, intrinsic value					$ 274,000		$ 274,000		$ 165,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, number of shares authorized										134,895
Other than options, granted			134,895
Share-based compensation arrangement by share-based payment award, award vesting period							5 years
Options, vested							21,185
Allocated share-based compensation expense					60,000	$ 101,000	$ 178,000	$ 201,000
Unrecognized stock-based compensation expense					$ 443,000		$ 443,000		$ 623,000
Unrecognized compensation cost, period for recognition							2 years 6 months		2 years 6 months
Minimum [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost, period for recognition							2 years		2 years
Maximum [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost, period for recognition							3 years		3 years

STOCK BASED COMPENSATION (Sched

STOCK BASED COMPENSATION (Schedule of Stock Option Activity) (Details) - $ / shares	Mar. 19, 2014	May 10, 2013	May 31, 2015	Jun. 30, 2016	Dec. 31, 2015
Options
Options Forfeited				(1,078)
Employee Stock Option [Member]
Options
Options Outstanding - Beginning of period				205,500
Options Granted	20,000	300,000	5,000
Options Exercised
Options Forfeited
Options Outstanding - End of period				205,500
Weighted Average Exercise Price
Weighted Average Exercise Price, Outstanding - Beginning of period				$ 14.92
Weighted Average Exercise Price, Granted
Weighted Average Exercise Price, Exercised
Weighted Average Exercise Price, Forfeited
Weighted Average Exercise Price, Outstanding - End of period				$ 14.92
Vested and Expected to Vest
Fully vested and exercisable				121,100	76,200
Expected to vest in future periods				84,400

STOCK BASED COMPENSATION (Sch56

STOCK BASED COMPENSATION (Schedule of Non-Vested Restricted Stock Activity) (Details) - Restricted Stock [Member] - shares	Apr. 16, 2013	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Balance - Beginning of period		53,947
Granted	134,895
Forfeited		(1,078)
Vested		(21,185)
Balance - End of period		31,684

ACCUMULATED OTHER COMPREHENSI57

ACCUMULATED OTHER COMPREHENSIVE INCOME (Schedule of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance			$ 384
Other comprehensive income (loss)	$ 270	$ (370)	529	$ (216)
Ending Balance	913		913
Accumulated Net Investment Gain (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	643	614	384	460
Other comprehensive income, net of tax before reclassification	268	(370)	527	(216)
Amounts reclassified from accumulated other comprehensive income for loss on call of securities, net of tax benefit of $1, $0, $1 and $0 respectively.	2		2
Other comprehensive income (loss)	270	(370)	529	(216)
Ending Balance	913	244	913	244
Other comprehensive income (loss), tax, portion attributable to parent	$ 1	$ 0	$ 1	$ 0