Entegra Financial (ENFC) 10-Q 8 Nov 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Nov. 08, 2017
Document And Entity Information
Entity Registrant Name	ENTEGRA FINANCIAL CORP.
Entity Central Index Key	1,522,327
Document Type	10-Q
Document Period End Date	Sep. 30, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		6,854,345
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,017

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Assets
Cash and due from banks	$ 15,535	$ 10,709
Interest-earning deposits	78,963	32,585
Cash and cash equivalents	94,498	43,294
Investments - trading	5,840	5,211
Investments - available for sale	401,226	398,291
Other investments, at cost	12,633	15,261
Loans held for sale	3,818	4,584
Loans receivable, net	817,034	744,361
Allowance for loan losses	(10,057)	(9,305)
Fixed assets, net	20,888	20,209
Real estate owned	2,437	4,226
Interest receivable	5,436	5,012
Bank owned life insurance	31,950	31,347
Small Business Investment Company Holdings, at cost	3,090	1,655
Net deferred tax asset	14,478	18,985
Loan servicing rights	2,713	2,603
Goodwill	7,144	2,065
Core deposit intangible	2,371	979
Other assets	4,334	4,099
Total assets	1,419,833	1,292,877
Liabilities:
Deposits	1,004,839	830,013
Federal Home Loan Bank advances	233,500	298,500
Junior subordinated notes	14,433	14,433
Other borrowings	8,588	2,725
Post employment benefits	10,145	10,211
Accrued interest payable	910	254
Other liabilities	3,893	3,673
Total liabilities	1,276,308	1,159,809
Equity:
Preferred stock - no par value, 10,000,000 shares authorized; none issued and outstanding
Common stock - no par value, 50,000,000 shares authorized; 6,458,679 and 6,467,550 shares issued and outstanding as of September 30, 2017 and December 31, 2016, respectively
Common stock held by Rabbi Trust, at cost; 14,000 shares at September 30, 2017 and December 31, 2016	(279)	(279)
Additional paid in capital	63,031	62,664
Retained earnings	82,012	76,139
Accumulated other comprehensive loss	(1,239)	(5,456)
Total equity	143,525	133,068
Total liabilities and equity	$ 1,419,833	$ 1,292,877

CONSOLIDATED BALANCE SHEETS (U3

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0	$ 0
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0	$ 0
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	6,458,679	6,467,550
Common stock, shares outstanding	6,458,679	6,467,550
Common Stock held by Rabbi Trust	14,000	14,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Interest income:
Interest and fees on loans	$ 9,175	$ 8,424	$ 26,686	$ 23,885
Interest on tax exempt loans	98	99	285	242
Taxable securities	1,787	1,294	5,367	4,174
Tax-exempt securities	817	432	2,346	881
Interest-earning deposits	216	62	459	152
Other	161	133	478	360
Total interest and dividend income	12,254	10,444	35,621	29,694
Interest expense:
Deposits	1,114	1,007	3,227	2,981
Federal Home Loan Bank advances	641	371	1,713	965
Junior subordinated notes	140	140	418	394
Other borrowings	36	29	100	85
Total interest expense	1,931	1,547	5,458	4,425
Net interest income	10,323	8,897	30,163	25,269
Provision for loan losses	520	100	1,160	100
Net interest income after provision for loan losses	9,803	8,797	29,003	25,169
Noninterest income:
Servicing income, net	59	72	312	263
Mortgage banking	207	387	771	747
Gain on sale of SBA loans	290	124	436	742
Gain on sale of investments, net	(24)	407	19	1,105
Trading securities gains	138	93	445	271
Other than temporary impairment on cost method investment			(700)
Service charges on deposit accounts	436	370	1,239	1,151
Interchange fees	484	385	1,374	1,109
Bank owned life insurance	208	110	603	311
Other	215	118	527	341
Total noninterest income	2,013	2,066	5,026	6,040
Noninterest expenses:
Compensation and employee benefits	4,937	4,471	14,859	12,738
Net occupancy	974	929	2,851	2,580
Federal deposit insurance	140	108	379	468
Professional and advisory	292	208	929	713
Data processing	390	406	1,215	1,157
Marketing and advertising	253	309	727	811
Merger-related expenses	116	107	972	2,023
Net cost of operation of real estate owned	(121)	167	94	663
Other	1,237	1,137	3,666	3,281
Total noninterest expenses	8,218	7,842	25,692	24,434
Income before taxes	3,598	3,021	8,337	6,775
Income tax expense (benefit)	1,127	1,221	2,464	2,751
Net income (loss)	$ 2,471	$ 1,800	$ 5,873	$ 4,024
Earnings per common share:
Earnings per share - basic	$ 0.38	$ 0.28	$ 0.91	$ 0.62
Earnings per share - diluted	$ 0.38	$ 0.28	$ 0.90	$ 0.62
Weighted average common shares outstanding:
Common shares outstanding - Basic	6,458,679	6,466,375	6,460,015	6,483,535
Common shares outstanding - Diluted	6,548,530	6,484,226	6,542,261	6,500,198

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 2,471	$ 1,800	$ 5,873	$ 4,024
Other comprehensive income (loss):
Change in unrealized holding gains and losses on securities available for sale	973	(1,390)	6,404	5,115
Reclassification adjustment for securities losses (gains) realized in net income	24	(407)	(19)	(1,105)
Reclassification adjustment for other than temporary impairment realized in net income			79
Amortization of unrealized loss on securities transferred to held to maturity		324		894
Change in deferred tax valuation allowance attributable to unrealized gains and losses on investment securities available for sale	54	33	163	328
Change in unrealized holding gains and losses on cash flow hedge	25	83	(43)	38
Reclassification adjustment for cash flow effectiveness	(12)	12	8	12
Other comprehensive income (loss), before tax	1,064	(1,345)	6,592	5,282
Income tax effect related to items of other comprehensive income (loss)	(372)	548	(2,375)	(1,836)
Other comprehensive income (loss), after tax	692	(797)	4,217	3,446
Comprehensive income	$ 3,163	$ 1,003	$ 10,090	$ 7,470

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Common Stock held by Rabbi Trust	Total
Beginning Balance at Dec. 31, 2015		$ 63,722	$ 69,763	$ (1,736)	$ (279)	$ 131,469
Beginning Balance (in shares) at Dec. 31, 2015	6,546,375
Net income (loss)			4,024			4,024
Other comprehensive income, net of tax				3,446		3,446
Stock compensation expense		655				655
Repurchase of common stock		(1,390)				(1,390)
Repurchase of common stock (in shares)	(80,000)
Ending Balance at Sep. 30, 2016		62,987	73,786	1,710	(279)	138,204
Ending Balance (in shares) at Sep. 30, 2016	6,466,375
Beginning Balance at Dec. 31, 2016		62,664	76,139	(5,456)	(279)	133,068
Beginning Balance (in shares) at Dec. 31, 2016	6,467,550
Net income (loss)			5,873			5,873
Other comprehensive income, net of tax				4,217		4,217
Stock compensation expense		687				687
Vesting of restricted stock units, net shares surrendered		(19)				(19)
Vesting of restricted stock units (in shares)	4,129
Repurchase of common stock		(301)				(301)
Repurchase of common stock (in shares)	(13,000)
Ending Balance at Sep. 30, 2017		$ 63,031	$ 82,012	$ (1,239)	$ (279)	$ 143,525
Ending Balance (in shares) at Sep. 30, 2017	6,458,679

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Cash flows from operating activities:
Net income (loss)	$ 5,873	$ 4,024
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and leasehold amortization	(36)	830
Investment amortization, net	3,513	1,485
Trading account income	(445)	(271)
Provision for loan losses	1,160	100
Provision for real estate owned	167	575
Share-based compensation expense	687	655
Deferred income tax expense	2,295	2,250
Gain on sales of securities available for sale	(19)	(1,105)
Other than temporary impairment on cost method investment	700
Income on bank owned life insurance, net	(603)	(311)
Mortgage banking income, net	(771)	(747)
Gain on sale of SBA loans	(436)	(742)
Net realized loss on sale of real estate owned	(215)	(182)
Loans originated for sale	(35,718)	(38,402)
Proceeds from sale of loans originated for sale	36,548	39,811
Net change in operating assets and liabilities:
Interest receivable	(424)	(203)
Loan servicing rights	(110)	(82)
Other assets	(285)	754
Postemployment benefits	(66)	25
Accrued interest payable	339	1
Other liabilities	669	2,187
Net cash provided by operating activities	12,823	10,652
Activity for investment securities:
Purchases	(127,989)	(152,034)
Maturities/calls and principal repayments	35,009	28,514
Sales	92,316	115,328
Net increase in loans	(71,578)	(40,859)
Net cash received in branch acquisition	146,750
Proceeds from sale of real estate owned	1,475	1,973
Proceeds from sale of fixed assets	64
Purchase of fixed assets	(594)	(295)
Purchase of bank owned life insurance		(10,000)
Purchase of Small Business Investment Company Holdings, at cost	(1,435)	(652)
Net cash paid in business combination		(5,912)
Purchase of other investments, at cost	(425)	(2,048)
Redemptions of other investments, at cost	3,053
Net cash used in investing activities	76,646	(65,985)
Cash flows from financing activities:
Net increase in deposits	19,384	30,880
Net increase in escrow deposits	1,808	1,247
Net increase in other borrowings	5,863
Proceeds from FHLB advances	808,501	445,100
Repayment of FHLB advances	(873,501)	(399,125)
Cash paid to tax authorities for shares surrendered upon vesting of restricted stock units	(19)
Purchase of common stock	(301)	(1,390)
Net cash provided by financing activities	(38,265)	76,712
Increase in cash and cash equivalents	51,204	21,379
Cash and cash equivalents, beginning of period	43,294	40,650
Cash and cash equivalents, end of period	94,498	62,029
Cash paid during the year for:
Interest on deposits and other borrowings	5,119	4,597
Income taxes	172
Acquisitions
Assets acquired	3,997	110,020
Liabilities assumed	154,505	97,878
Net assets	150,508	12,142
Noncash investing and financing activities:
Real estate acquired in satisfaction of loans	702	698
Investments to be settled		257
Loans originated for the disposition of real estate owned	1,001
Transfer held to maturity investment securities to available for sale investments securities		$ 30,368

ORGANIZATION AND BASIS OF PRESE

ORGANIZATION AND BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION	NOTE 1. ORGANIZATION AND BASIS OF PRESENTATION Organization Entegra Financial Corp. (the “Company”) was incorporated on May 31, 2011 and became the holding company for Entegra Bank (the “Bank”) on September 30, 2014 upon the completion of Macon Bancorp’s merger with and into the Company, pursuant to which Macon Bancorp converted from the mutual to stock form of organization. The Company’s primary operation is its investment in the Bank. The Company also owns 100% of the common stock of Macon Capital Trust I (the “Trust”), a Delaware statutory trust formed in 2003 to facilitate the issuance of trust preferred securities. The Bank is a North Carolina state-chartered commercial bank and has a wholly owned subsidiary, Entegra Services, Inc., which was inactive as of September 30, 2017. The consolidated financials are presented in these financial statements. The Bank operates as a community-focused retail bank, originating primarily real estate based mortgage, consumer and commercial loans and accepting deposits from consumers and small businesses. Estimates The preparation of consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change, in the near term, relate to the determination of the allowance for loan losses, the valuation of acquired loans, separately identifiable intangible assets associated with mergers and acquisitions, the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, and the valuation of deferred tax assets. Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company, the Bank, and its wholly owned subsidiary. The accounts of the Trust are not consolidated with the Company. In consolidation all significant intercompany accounts and transactions have been eliminated. Reclassification Certain amounts in the prior years’ financial statements may have been reclassified to conform to the current year’s presentation. Certain mortgage-backed securities were reclassified to either mortgage-backed securities with guarantees, or mortgage-backed securities with no guarantee to better align the investment securities by risk categories. The reclassifications had no significant effect on our results of operations or financial condition as previously reported. Basis of Presentation The accompanying unaudited interim consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles, or GAAP, for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements and should be read in conjunction with our Annual Report on Form 10-K, filed with the SEC on March 15, 2017. In the opinion of management, these interim financial statements present fairly, in all material respects, the Company’s consolidated financial position and results of operations for each of the interim periods presented. Results of operations for interim periods are not necessarily indicative of the results of operations that may be expected for a full year or any future period. Acquisition Activities The Company accounts for business combinations under the acquisition method of accounting. Assets acquired and liabilities assumed are measured and recorded at fair value at the date of acquisition, including identifiable intangible assets. If the fair value of net assets purchased exceeds the fair value of consideration paid, a bargain purchase gain is recognized at the date of acquisition. Conversely, if the consideration paid exceeds the fair value of the net assets acquired, goodwill is recognized at the acquisition date. Fair values are subject to refinement for a period not to exceed one year after the closing date of an acquisition as information relative to closing date fair values becomes available. The determination of the fair value of loans acquired takes into account credit quality deterioration and probability of loss; therefore, the related allowance for loan losses is not carried forward. All identifiable intangible assets that are acquired in a business combination are recognized at fair value on the acquisition date. Identifiable intangible assets are recognized separately if they arise from contractual or other legal rights or if they are separable (i.e., capable of being sold, transferred, licensed, rented, or exchanged separately from the entity). Deposit liabilities and the related depositor relationship intangible assets may be exchanged in observable exchange transactions. As a result, the depositor relationship intangible asset is considered identifiable, because the separability criterion has been met. Recent Accounting Standards Updates In August 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2017-12 Derivatives and Hedging (Topic 815), Targeted Improvements to Accounting for Hedging Activities In March 2017, the FASB issued amendments to ASU 2017-08 Receivables –Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization of Purchased Callable Debt Securities. In March 2017, the FASB issued amendments to ASU 2017-07 Compensation – Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension cost and Net Periodic Postretirement Benefit Cost. In January 2017, the FASB issued amendments to ASU 2017-04 Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. In January 2017, the FASB issued amendments to ASU 2017-01 Business Combinations (Topic 80): Clarifying the Definition of a Business. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a material impact on the Company’s financial position, results of operations or cash flows.

ACQUISITIONS

ACQUISITIONS	9 Months Ended
	Sep. 30, 2017
Business Combinations [Abstract]
ACQUISITIONS	NOTE 2. ACQUISITIONS The Company has determined that the acquisition described below constitutes a business combination as defined in Accounting Standards Codification (ASC) Topic 805, Business Combinations Fair Value Measurements On February 24, 2017, the Bank completed its acquisition of two branches from Stearns Bank, N.A. (“Stearns”). In accordance with the Purchase and Assumption Agreement, dated October 19, 2016, by and between the Bank and Stearns (the “P&A Agreement”), the Bank acquired approximately $154.2 million of deposits, the bank facilities, and certain other assets. In consideration of the purchased assets and assumed liabilities, the Bank paid (1) the book value, or approximately $1.0 million, for the branch facilities and certain assets, and (2) a deposit premium of $5.7 million, equal to 3.65% of the average daily deposits for the 30- day period ending the tenth (10 th (Dollars in thousands) As Recorded Fair Value As Recorded Assets Cash and cash equivalents $ 1,258 $ — $ 1,258 Loans 7 — 7 Premises and equipment 950 132 1,082 Core deposit intangible — 1,650 1,650 Total assets acquired 2,215 1,782 3,997 Liabilities Deposits: Noninterest-bearing demand $ 16,032 $ — 16,032 Interest-bearing demand 40,525 — 40,525 Money market 15,368 — 15,368 Savings 7,717 — 7,717 Time deposits 73,480 1,062 74,542 Total deposits 153,122 1,062 154,184 Other liabilities 321 — 321 Total liabilities assumed 153,443 1,062 154,505 Excess of liabilities assumed over assets acquired $ 151,228 $ 720 $ 150,508 Cash received to settle the acquisition $ 145,492 Goodwill $ 5,016 Fair values are subject to refinement for a period not to exceed one year after the closing date of an acquisition as information relative to closing date fair values becomes available. In particular, the fair value of collateral dependent loans and real estate owned (REO) may change to the extent that the Company receives updated appraisals indicating changes in valuation assumptions at acquisition. Pro forma disclosures are not significant and not meaningful. On October 1, 2017, the Company completed its acquisition of Chattahoochee Bank of Georgia (“Chattahoochee”) located in Gainesville, Georgia, which was merged with and into Entegra Bank. The Company will continue to operate Chattahoochee’s offices as Chattahoochee Bank of Georgia until a system conversion is completed in March 2018. Shareholders of Chattahoochee received a combination of cash and stock having a value of $14.75 in exchange for each share of Chattahoochee’s common stock held immediately prior to the effective time of the merger. The aggregate merger consideration paid by the Company was approximately $35.3 million, which included $3.3 million for the cash-out of in-the-money stock options and warrants. The Company issued 395,666 shares of common stock in connection with the merger. The acquisition added approximately $176.2 million to the Company’s assets, including $159.0 million of loans, $11.9 million of goodwill, and $166.1 million of deposits.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	9 Months Ended
	Sep. 30, 2017
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	NOTE 3. INVESTMENT SECURITIES The following table presents the holdings of our trading account as of September 30, 2017 and December 31, 2016: September 30, December 31, 2017 2016 (Dollars in thousands) Mutual funds $ 5,840 $ 5,211 The trading account is held in a Rabbi Trust and seeks to generate returns that will fund the cost of certain deferred compensation agreements. There were $0.4 million and $0.3 million of realized gains for the nine months ended September 30, 2017 and 2016, respectively. The Company’s held-to-maturity (HTM) investment portfolio was transferred to available-for-sale (AFS) during the third quarter of 2016 in order to provide the Company more flexibility managing its investment portfolio. As a result of the transfer, the Company is prohibited from classifying any investment securities as HTM for two years from the date of the transfer. On April 28, 2017, the Louisiana Office of Financial Institutions closed First NBC Bank and appointed the FDIC as receiver. The Bank owned $0.7 million par value of subordinated debt issued by the holding company of First NBC Bank with an unrealized loss of $79,000 prior to the impairment. The Company concluded the investment to be other than temporarily impaired. As such, the financial information for the nine months ended September 30, 2017 includes other than temporary impairment of $0.7 million before tax. The amortized cost and estimated fair values of AFS securities as of September 30, 2017 and December 31, 2016 are summarized as follows: September 30, 2017 Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gains Losses Value (Dollars in thousands) U.S. Treasury & Government Agencies $ 3,500 $ 15 $ (2 ) $ 3,513 Municipal Securities 145,382 606 (2,260 ) 143,728 Mortgage-backed Securities - Guaranteed 163,193 261 (1,339 ) 162,115 Mortgage-backed Securities - Non Guaranteed 64,802 279 (263 ) 64,818 Collateralized Loan Obligations 5,564 1 — 5,565 Corporate bonds 20,505 411 (47 ) 20,869 Mutual funds 626 — (8 ) 618 $ 403,572 $ 1,573 $ (3,919 ) $ 401,226 December 31, 2016 Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gains Losses Value (Dollars in thousands) U.S. Treasury & Government Agencies $ 14,577 $ 46 $ (2 ) $ 14,621 Municipal Securities 152,208 337 (5,774 ) 146,771 Mortgage-backed Securities - Guaranteed 162,379 134 (2,332 ) 160,181 Mortgage-backed Securities - Non Guaranteed 58,967 2 (1,213 ) 57,756 Corporate bonds 18,354 171 (167 ) 18,358 Mutual funds 616 — (12 ) 604 $ 407,101 $ 690 $ (9,500 ) $ 398,291 Information pertaining to securities with gross unrealized losses at September 30, 2017 and December 31, 2016, aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows: September 30, 2017 Less Than 12 Months More Than 12 Months Total Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Available-for-Sale: U.S. Treasury & Government Agencies $ 998 $ 2 $ — $ — $ 998 $ 2 Municipal Securities 42,896 516 53,018 1,744 95,914 2,260 Mortgage-backed Securities - Guaranteed 68,196 456 50,449 883 118,645 1,339 Mortgage-backed Securities - Non Guaranteed 31,027 192 8,574 71 39,601 263 Corporate bonds 2,657 47 — — 2,657 47 Mutual funds 618 8 — — 618 8 $ 146,392 $ 1,221 $ 112,041 $ 2,698 $ 258,433 $ 3,919 December 31, 2016 Less Than 12 Months More Than 12 Months Total Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Available-for-Sale: U.S. Treasury & Government Agencies $ 1,000 $ 2 $ — $ — $ 1,000 $ 2 Municipal Securities 122,468 5,759 331 15 122,799 5,774 Mortgage-backed Securities - Guaranteed 115,539 2,035 17,594 297 133,133 2,332 Mortgage-backed Securities - Non Guaranteed 54,555 1,213 — — 54,555 1,213 Corporate bonds 6,741 167 — — 6,741 167 Mutual funds 616 12 — — 616 12 $ 300,919 $ 9,188 $ 17,925 $ 312 $ 318,844 $ 9,500 Information pertaining to the number of securities with unrealized losses is detailed in the table below. The Company believes all unrealized losses as of September 30, 2017 and December 31, 2016 represent temporary impairment. The unrealized losses have resulted from temporary changes in the interest rate market and not as a result of credit deterioration. We do not intend to sell and it is not likely that we will be required to sell any of the securities referenced in the table below before recovery of their amortized cost. September 30, 2017 Less Than More Than Total U.S. Treasury & Government Agencies 1 — 1 Municipal Securities 41 38 79 Mortgage-backed Securities - Guaranteed 43 36 79 Mortgage-backed Securities - Non Guaranteed 17 6 23 Corporate bonds 3 — 3 Mutual funds 1 — 1 106 80 186 December 31, 2016 Less Than 12 Months More Than 12 Months Total U.S. Treasury & Government Agencies 1 — 1 Municipal Securities 129 1 130 Mortgage-backed Securities - Guaranteed 77 13 90 Mortgage-backed Securities - Non Guaranteed 24 1 25 Corporate bonds 8 — 8 Mutual funds 1 — 1 240 15 255 At September 30, 2017, the Company held 186 investment securities that were in an unrealized loss position of which 80 had been in unrealized loss positions for over twelve months. Market changes in interest rates and credit spreads may result in temporary unrealized losses as market prices of securities fluctuate. The Company reviews its investment portfolio on a quarterly basis for indications of other than temporary impairment. The severity and duration of impairment and the likelihood of potential recovery of impairment is considered along with the intent and ability to hold any impaired security to maturity or recovery of carrying value. When reviewing the securities in loss positions, pricing is reviewed for deterioration, bond ratings are reviewed for downgrades, and credit enhancement levels are reviewed for erosion. For the three and nine months ended September 30, 2017 and 2016 the Company received proceeds from sales of securities classified as AFS and corresponding gross realized gains and losses as follows: Three Months Ended Nine Months Ended 2017 2016 2017 2016 (Dollars in thousands) (Dollars in thousands) Gross proceeds $ 55,474 $ 39,619 $ 92,316 $ 115,328 Gross realized gains 229 407 352 1,139 Gross realized losses 253 — 333 34 The Company had securities pledged against deposits and borrowings of approximately $161.4 million and $237.1 million at September 30, 2017 and December 31, 2016, respectively. The amortized cost and estimated fair value of investments in debt securities at September 30, 2017, by contractual maturity, is shown below. Mortgage-backed securities have not been scheduled because expected maturities will differ from contractual maturities when borrowers have the right to prepay the obligations. Available-for-Sale Amortized Fair (Dollars in thousands) Less than 1 year $ 1,626 $ 1,616 Over 1 year through 5 years 5,579 5,640 After 5 years through 10 years 23,349 23,664 Over 10 years 145,023 143,374 175,577 174,294 Mortgage-backed securities 227,995 226,932 Total $ 403,572 $ 401,226

LOANS RECEIVABLE

LOANS RECEIVABLE	9 Months Ended
	Sep. 30, 2017
Receivables [Abstract]
LOANS RECEIVABLE	NOTE 4. LOANS RECEIVABLE Loans receivable as of September 30, 2017 and December 31, 2016 are summarized as follows: September 30, December 31, 2017 2016 (Dollars in thousands) Real estate mortgage loans: One-to-four family residential $ 291,042 $ 278,437 Commercial real estate 328,931 292,879 Home equity loans and lines of credit 47,687 50,334 Residential construction 20,391 18,531 Other construction and land 82,035 60,605 Total real estate loans 770,086 700,786 Commercial and industrial 44,097 41,306 Consumer 5,278 4,594 Total commercial and consumer 49,375 45,900 Loans receivable, gross 819,461 746,686 Less: Net deferred loan fees (1,545 ) (923 ) Fair value discount (487 ) (857 ) Unamortized premium 495 605 Unamortized discount (890 ) (1,150 ) Loans receivable, net of deferred fees $ 817,034 $ 744,361 The Bank had $215.0 million and $144.3 million of loans pledged as collateral to secure funding with the Federal Home Loan Bank of Atlanta (“FHLB”) at September 30, 2017 and December 31, 2016, respectively. The Bank also had $100.7 million and $89.1 million of loans pledged as collateral to secure funding with the Federal Reserve Bank (“FRB”) Discount Window at September 30, 2017 and December 31, 2016, respectively. Included in loans receivable and other borrowings at September 30, 2017 are $3.6 million in participated loans that did not qualify for sale accounting. Interest expense on the other borrowings accrues at the same rate as the interest income recognized on the loans receivable, resulting in no effect to net income. The following tables present the activity related to the discount on individually purchased loans for the three and nine month periods ended September 30, 2017 and 2016: For the Three Months Ended For the Nine Months Ended September 30, September 30, (Dollars in thousands) 2017 2016 2017 2016 Discount on purchased loans, beginning of $ 956 $ 1,233 $ 1,150 $ 1,366 Accretion (66 ) (5 ) (260 ) (138 ) Discount on purchased loans, end of period $ 890 $ 1,228 $ 890 $ 1,228 The following table presents the activity related to the fair value discount on loans from business combinations for the three and nine month periods ended September 30, 2017 and 2016: For the Three Months Ended Nine Months Ended September 30, September 30, (Dollars in thousands) 2017 2016 2017 2016 Fair value discount, beginning of period $ 704 $ 840 $ 857 $ 72 Additional discount for acquisitions — 132 — 1,092 Accretion (217 ) (101 ) (370 ) (293 ) Fair value discount, end of period $ 487 $ 871 $ 487 $ 871

ALLOWANCE FOR LOAN LOSSES

ALLOWANCE FOR LOAN LOSSES	9 Months Ended
	Sep. 30, 2017
Receivables [Abstract]
ALLOWANCE FOR LOAN LOSSES	NOTE 5. ALLOWANCE FOR LOAN LOSSES The following tables present, by portfolio segment, the changes in the allowance for loan losses: Three Months Ended September 30, 2017 One-to four Commercial Home Equity and Residential Other Commercial Consumer Total (Dollars in thousands) Beginning balance $ 3,386 $ 4,096 $ 572 $ 248 $ 907 $ 585 $ 140 $ 9,934 Provision 320 (80 ) 236 (28 ) 113 (5 ) (36 ) 520 Charge-offs — (105 ) (266 ) — (114 ) — (18 ) (503 ) Recoveries 2 32 — — 9 7 56 106 Ending balance $ 3,708 $ 3,943 $ 542 $ 220 $ 915 $ 587 $ 142 $ 10,057 Three Months Ended September 30, 2016 One-to four Commercial Home Equity and Residential Other Commercial Consumer Total (Dollars in thousands) Beginning balance $ 2,679 $ 3,379 $ 887 $ 175 $ 1,064 $ 530 $ 226 $ 8,940 Provision (376 ) 494 (137 ) (60 ) (95 ) 79 195 100 Charge-offs (19 ) — (28 ) — (44 ) (52 ) (146 ) (289 ) Recoveries 27 170 44 — 28 13 71 353 Ending balance $ 2,311 $ 4,043 $ 766 $ 115 $ 953 $ 570 $ 346 $ 9,104 Nine Months Ended September 30, 2017 One-to four Commercial Home Equity and Residential Other Commercial Consumer Total (Dollars in thousands) Beginning balance $ 2,812 $ 3,979 $ 677 $ 185 $ 848 $ 599 $ 205 $ 9,305 Provision 875 82 127 35 280 (34 ) (205 ) 1,160 Charge-offs (50 ) (193 ) (267 ) — (289 ) — (42 ) (841 ) Recoveries 71 75 5 — 76 22 184 433 Ending balance $ 3,708 $ 3,943 $ 542 $ 220 $ 915 $ 587 $ 142 $ 10,057 Nine Months Ended September 30, 2016 One-to four Commercial Home Equity and Residential Other Commercial Consumer Total (Dollars in thousands) Beginning balance $ 2,455 $ 3,221 $ 1,097 $ 278 $ 1,400 $ 603 $ 407 $ 9,461 Provision (83 ) 1,081 (351 ) (195 ) (78 ) (106 ) (168 ) 100 Charge-offs (117 ) (431 ) (158 ) — (481 ) (62 ) (172 ) (1,421 ) Recoveries 56 172 178 32 112 135 279 964 Ending balance $ 2,311 $ 4,043 $ 766 $ 115 $ 953 $ 570 $ 346 $ 9,104 The following tables present, by portfolio segment and reserving methodology, the allocation of the allowance for loan losses and the net investment in loans: September 30, 2017 One-to-four Commercial Home Equity and Residential Other Commercial Consumer Total (Dollars in thousands) Allowance for loan losses Individually evaluated for impairment $ 206 $ 65 $ — $ — $ 51 $ 16 $ — $ 338 Collectively evaluated for impairment 3,502 3,878 542 220 864 571 142 9,719 $ 3,708 $ 3,943 $ 542 $ 220 $ 915 $ 587 $ 142 $ 10,057 Loans Receivable Individually evaluated for impairment $ 4,118 $ 5,813 $ 313 $ — $ 1,303 $ 293 $ — $ 11,840 Collectively evaluated for impairment 286,172 321,787 47,480 20,337 80,487 43,580 5,351 805,194 $ 290,290 $ 327,600 $ 47,793 $ 20,337 $ 81,790 $ 43,873 $ 5,351 $ 817,034 December 31, 2016 One-to four Commercial Home Equity and Residential Other Commercial Consumer Total (Dollars in thousands) Allowance for loan losses Individually evaluated for impairment $ 201 $ 178 $ 2 $ — $ 175 $ 28 $ — $ 584 Collectively evaluated for impairment 2,611 3,801 675 185 673 571 205 8,721 $ 2,812 $ 3,979 $ 677 $ 185 $ 848 $ 599 $ 205 $ 9,305 Loans Receivable Individually evaluated for impairment $ 3,769 $ 7,601 $ 313 $ — $ 1,682 $ 306 $ — $ 13,671 Collectively evaluated for impairment 273,169 284,502 50,087 18,439 58,444 41,397 4,652 730,690 $ 276,938 $ 292,103 $ 50,400 $ 18,439 $ 60,126 $ 41,703 $ 4,652 $ 744,361 Portfolio Quality Indicators The Company’s portfolio grading analysis estimates the capability of the borrower to repay the contractual obligations of the loan agreements as scheduled. The Company’s internal credit risk grading system is based on experiences with similarly graded loans, industry best practices, and regulatory guidance. Credit risk grades are refreshed each quarter, at which time management analyzes the resulting information, as well as other external statistics and factors, to track loan performance. The Company’s internally assigned grades pursuant to the Board-approved lending policy are as follows: · Pass (1-5) – Acceptable loans with any identifiable weaknesses appropriately mitigated. · Special Mention (6) – Potential weakness or identifiable weakness present without appropriate mitigating factors; however, loan continues to perform satisfactorily with no material delinquency noted. This may include some deterioration in repayment capacity and/or loan-to-value of securing collateral. · Substandard (7) – Significant weakness that remains unmitigated, most likely due to diminished repayment capacity, serious delinquency, and/or marginal performance based upon restructured loan terms. · Doubtful (8) – Significant weakness that remains unmitigated and collection in full is highly questionable or improbable. · Loss (9) – Collectability is unlikely resulting in immediate charge-off. Description of segment and class risks Each of our portfolio segments and the classes within those segments are subject to risks that could have an adverse impact on the credit quality of our loan portfolio. Management has identified the most significant risks as described below which are generally similar among our segments and classes. While the list in not exhaustive, it provides a description of the risks that management has determined are the most significant. One-to-four family residential We centrally underwrite each of our one-to-four family residential loans using credit scoring and analytical tools consistent with the Board-approved lending policy and internal procedures based upon industry best practices and regulatory directives. Loans to be sold to secondary market investors must also adhere to investor guidelines. We also evaluate the value and marketability of that collateral. Common risks to each class of non-commercial loans, including one-to-four family residential, include risks that are not specific to individual transactions such as general economic conditions within our markets, particularly unemployment and potential declines in real estate values. Personal events such as death, disability or change in marital status also add risk to non-commercial loans. Commercial real estate Commercial mortgage loans are primarily dependent on the ability of our customers to achieve business results consistent with those projected at loan origination resulting in cash flow sufficient to service the debt. To the extent that a customer’s business results are significantly unfavorable versus the original projections, the ability for our loan to be serviced on a basis consistent with the contractual terms may be at risk. While these loans are secured by real property and possibly other business assets such as inventory or accounts receivable, it is possible that the liquidation of the collateral will not fully satisfy the obligation. Other commercial real estate loans consist primarily of loans secured by multifamily housing and agricultural loans. The primary risk associated with multifamily loans is the ability of the income-producing property that collateralizes the loan to produce adequate cash flow to service the debt. High unemployment or generally weak economic conditions may result in our customer having to provide rental rate concessions to achieve adequate occupancy rates. The performance of agricultural loans are highly dependent on favorable weather, reasonable costs for seed and fertilizer, and the ability to successfully market the product at a profitable margin. The demand for these products is also dependent on macroeconomic conditions that are beyond the control of the borrower. Home equity and lines of credit Home equity loans are often secured by first or second liens on residential real estate, thereby making such loans particularly susceptible to declining collateral values. A substantial decline in collateral value could render our second lien position to be effectively unsecured. Additional risks include lien perfection inaccuracies and disputes with first lienholders that may further weaken our collateral position. Further, the open-end structure of these loans creates the risk that customers may draw on the lines in excess of the collateral value if there have been significant declines since origination. Residential construction and other construction and land Residential mortgage construction loans are typically secured by undeveloped or partially developed land with funds to be disbursed as home construction is completed contingent upon receipt and satisfactory review of invoices and inspections. Declines in real estate values can result in residential mortgage loan borrowers having debt levels in excess of the collateral’s current market value. Non-commercial construction and land development loans can experience delays in completion and/or cost overruns that exceed the borrower’s financial ability to complete the project. Cost overruns can result in foreclosure of partially completed collateral with unrealized value and diminished marketability. Commercial construction and land development loans are dependent on the supply and demand for commercial real estate in the markets we serve as well as the demand for newly constructed residential homes and building lots. Deterioration in demand could result in significant decreases in the underlying collateral values and make repayment of the outstanding loans more difficult for our customers. Commercial We centrally underwrite each of our commercial loans based primarily upon the customer’s ability to generate the required cash flow to service the debt in accordance with the contractual terms and conditions of the loan agreement. We strive to gain a complete understanding of our borrower’s businesses including the experience and background of the principals. To the extent that the loan is secured by collateral, which is a predominant feature of the majority of our commercial loans, or other assets including accounts receivable and inventory, we gain an understanding of the likely value of the collateral and what level of strength it brings to the loan transaction. To the extent that the principals or other parties are obligated under the note or guaranty agreements, we analyze the relative financial strength and liquidity of each guarantor. Common risks to each class of commercial loans include risks that are not specific to individual transactions such as general economic conditions within our markets, as well as risks that are specific to each transaction including volatility or seasonality of cash flows, changing demand for products and services, personal events such as death, disability or change in marital status, and reductions in the value of our collateral. Consumer The consumer loan portfolio includes loans secured by personal property such as automobiles, marketable securities, other titled recreational vehicles including boats and motorcycles, as well as unsecured consumer debt. The value of underlying collateral within this class is especially volatile due to potential rapid depreciation in values since date of loan origination in excess of principal repayment. The following tables present the recorded investment in gross loans by loan grade: September 30, 2017 Loan Grade One-to Four- Commercial Home Equity and Residential Other Commercial Consumer Total (Dollars in thousands) 1 $ — $ 9,202 $ — $ — $ — $ 1,018 $ — $ 10,220 2 1,174 4,164 — — — 1,206 — 6,544 3 26,989 38,919 2,197 496 1,827 5,652 — 76,080 4 93,206 157,385 4,633 10,886 45,104 21,596 363 333,173 5 22,521 96,192 1,065 2,806 17,681 13,733 8 154,006 6 2,118 9,023 — — 2,085 264 — 13,490 7 2,191 5,163 — — 438 404 — 8,196 $ 148,199 $ 320,048 $ 7,895 $ 14,188 $ 67,135 $ 43,873 $ 371 $ 601,709 Ungraded Loan Exposure: Performing $ 140,609 $ 7,552 $ 39,819 $ 6,149 $ 14,538 $ — $ 4,933 $ 213,600 Nonperforming 1,482 — 79 — 117 — 47 1,725 Subtotal $ 142,091 $ 7,552 $ 39,898 $ 6,149 $ 14,655 $ — $ 4,980 $ 215,325 Total $ 290,290 $ 327,600 $ 47,793 $ 20,337 $ 81,790 $ 43,873 $ 5,351 $ 817,034 December 31, 2016 Loan Grade One-to Four- Commercial Home Equity and Residential Other Commercial Consumer Total (Dollars in thousands) 1 $ — $ 10,203 $ — $ — $ — $ 431 $ — $ 10,634 2 — 4,287 — — — 1,465 — 5,752 3 27,975 24,626 1,814 586 2,164 2,803 — 59,968 4 75,246 130,857 3,363 10,646 22,293 21,942 51 264,398 5 26,306 95,408 3,476 2,347 17,930 11,344 324 157,135 6 2,587 11,501 — 284 2,470 270 — 17,112 7 1,713 6,686 — — 869 421 — 9,689 $ 133,827 $ 283,568 $ 8,653 $ 13,863 $ 45,726 $ 38,676 $ 375 $ 524,688 Ungraded Loan Exposure: Performing $ 142,222 $ 8,535 $ 41,497 $ 4,576 $ 14,149 $ 3,027 $ 4,230 $ 218,236 Nonperforming 889 — 250 — 251 — 47 1,437 Subtotal $ 143,111 $ 8,535 $ 41,747 $ 4,576 $ 14,400 $ 3,027 $ 4,277 $ 219,673 Total $ 276,938 $ 292,103 $ 50,400 $ 18,439 $ 60,126 $ 41,703 $ 4,652 $ 744,361 Delinquency Analysis of Loans by Class The following tables include an aging analysis of the recorded investment of past-due financing receivables by class. The Company does not accrue interest on loans greater than 90 days past due. September 30, 2017 30-59 Days 60-89 Days 90 Days and Total Current Total Loans (Dollars in thousands) One-to four-family residential $ 2,250 $ 616 $ 1,471 $ 4,337 $ 285,953 $ 290,290 Commercial real estate 2,596 179 719 3,494 324,106 327,600 Home equity and lines of credit 889 47 70 1,006 46,787 47,793 Residential construction 283 — — 283 20,054 20,337 Other construction and land 178 50 126 354 81,436 81,790 Commercial 235 — 150 385 43,488 43,873 Consumer 29 5 42 76 5,275 5,351 Total $ 6,460 $ 897 $ 2,578 $ 9,935 $ 807,099 $ 817,034 December 31, 2016 30-59 Days 60-89 Days 90 Days and Total Current Total Loans (Dollars in thousands) One-to four-family residential $ 4,917 $ 1,108 $ 427 $ 6,452 $ 270,486 $ 276,938 Commercial real estate 1,382 1,800 1,638 4,820 287,283 292,103 Home equity and lines of credit 126 44 231 401 49,999 50,400 Residential construction 180 — — 180 18,259 18,439 Other construction and land 468 — 794 1,262 58,864 60,126 Commercial 368 — — 368 41,335 41,703 Consumer 62 1 — 63 4,589 4,652 Total $ 7,503 $ 2,953 $ 3,090 $ 13,546 $ 730,815 $ 744,361 Impaired Loans The following table presents investments in loans considered to be impaired and related information on those impaired loans as of September 30, 2017 and December 31, 2016. September 30, 2017 December 31, 2016 Recorded Unpaid Specific Recorded Unpaid Specific (Dollars in thousands) Loans without a valuation allowance One-to four-family residential $ 3,006 $ 3,122 $ — $ 2,625 $ 2,723 $ — Commercial real estate 4,142 6,170 — 5,526 7,710 — Home equity and lines of credit 213 328 — 213 328 — Residential construction — — — — — — Other construction and land 579 682 — 771 911 — Commercial — — — — — — $ 7,940 $ 10,302 $ — $ 9,135 $ 11,672 $ — Loans with a valuation allowance One-to four-family residential $ 1,112 $ 1,112 $ 206 $ 1,144 $ 1,144 $ 201 Commercial real estate 1,671 1,671 65 2,075 2,075 178 Home equity and lines of credit 100 100 — 100 100 2 Residential construction — — — — — — Other construction and land 724 724 51 911 911 175 Commercial 293 293 16 306 306 28 $ 3,900 $ 3,900 $ 338 $ 4,536 $ 4,536 $ 584 Total One-to four-family residential $ 4,118 $ 4,234 $ 206 $ 3,769 $ 3,867 $ 201 Commercial real estate 5,813 7,841 65 7,601 9,785 178 Home equity and lines of credit 313 428 — 313 428 2 Residential construction — — — — — — Other construction and land 1,303 1,406 51 1,682 1,822 175 Commercial 293 293 16 306 306 28 $ 11,840 $ 14,202 $ 338 $ 13,671 $ 16,208 $ 584 The following table presents average impaired loans and interest income recognized on those impaired loans, by class segment, for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Average Interest Average Interest Average Interest Average Interest (Dollars in thousands) (Dollars in thousands) Loans without a valuation allowance One-to four-family residential $ 3,122 $ 18 $ 2,391 $ 23 $ 3,156 $ 87 $ 2,415 $ 70 Commercial real estate 6,170 32 8,978 29 6,199 95 9,036 86 Home equity and lines of credit 328 13 328 2 328 37 328 7 Other construction and land 682 5 917 7 687 15 926 20 $ 10,302 $ 68 $ 12,614 $ 61 $ 10,370 $ 234 $ 12,705 $ 183 Loans with a valuation allowance One-to four-family residential $ 1,115 $ 13 $ 1,500 $ 17 $ 1,129 $ 38 $ 1,518 $ 51 Commercial real estate 1,673 21 1,752 20 1,690 64 1,769 60 Home equity and lines of credit 100 2 100 1 100 4 100 3 Other construction and land 724 9 1,017 9 753 28 1,032 26 Commercial 294 5 307 4 301 16 313 14 $ 3,906 $ 50 $ 4,676 $ 51 $ 3,973 $ 150 $ 4,732 $ 154 Total One-to four-family residential $ 4,237 $ 31 $ 3,891 $ 40 $ 4,285 $ 125 $ 3,933 $ 121 Commercial real estate 7,843 53 10,730 49 7,889 159 10,805 146 Home equity and lines of credit 428 15 428 3 428 41 428 10 Other construction and land 1,406 14 1,934 16 1,440 43 1,958 46 Commercial 294 5 307 4 301 16 313 14 $ 14,208 $ 118 $ 17,290 $ 112 $ 14,343 $ 384 $ 17,437 $ 337 Nonperforming Loans The following table summarizes the balances of nonperforming loans as of September 30, 2017 and December 31, 2016. Certain loans classified as Troubled Debt Restructurings (“TDRs”) and impaired loans may be on non-accrual status even though they are not contractually delinquent. September 30, December 31, (Dollars in thousands) One-to four-family residential $ 2,064 $ 1,125 Commercial real estate 2,761 3,536 Home equity loans and lines of credit 79 250 Residential construction — — Other construction and land 503 1,042 Commercial 150 41 Consumer 47 47 Non-performing loans $ 5,604 $ 6,041 Troubled Debt Restructurings (TDR) The following tables summarize TDR loans as of the dates indicated: September 30, 2017 Performing Nonperforming Total TDR’s TDR’s TDR’s (Dollars in thousands) One-to-four family residential $ 3,107 $ 579 $ 3,686 Commercial real estate 4,519 1,480 5,999 Home equity and lines of credit 313 — 313 Other construction and land 1,107 378 1,485 Commercial 293 — 293 $ 9,339 $ 2,437 $ 11,776 December 31, 2016 Performing Nonperforming Total TDR’s TDR’s TDR’s (Dollars in thousands) One-to-four family residential $ 3,560 $ 210 $ 3,770 Commercial real estate 4,327 2,366 6,693 Home equity and lines of credit 313 — 313 Other construction and land 1,377 206 1,583 Commercial 305 — 305 $ 9,882 $ 2,782 $ 12,664 There were no loan modifications that were deemed TDRs at the time of the modification during the three and nine month periods ended September 30, 2017 or 2016. There were no TDR’s that defaulted during the three and nine month periods ending September 30, 2017 or 2016 and which were modified as TDR’s within the previous 12 months.

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	9 Months Ended
	Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	NOTE 6. GOODWILL AND OTHER INTANGIBLES The Company had $7.1 million and $2.1 million of goodwill as of September 30, 2017 and December 31, 2016, respectively. The following is a summary of changes in the carrying amounts of goodwill: As of and for the As of and for the September 30, December 31, 2017 2016 Dollars in thousands Balance at beginning of period $ 2,065 $ 711 Additions: Prior acquisitions measurement period adjustments 63 — Goodwill from current year acquisitions 5,016 1,354 Balance at end of period $ 7,144 $ 2,065 The Company’s other intangible assets consist of core deposit intangibles related to acquired core deposits. The following is a summary of gross carrying amounts and accumulated amortization of core deposit intangibles: As of and for the As of and for the September 30, December 31, 2017 2016 Dollars in thousands Gross balance at beginning of period $ 1,120 $ 590 Additions from acquisitions 1,650 530 Gross balance at end of period 2,770 1,120 Less accumulated amortization (399 ) (141 ) Core deposit intangible, net $ 2,371 $ 979 Core deposit intangibles are amortized using the straight-line method over their estimated useful lives of seven years. Estimated amortization expense for core deposit intangibles for each of the next five years is approximately $0.4 million per year.

DEPOSITS

DEPOSITS	9 Months Ended
	Sep. 30, 2017
Banking and Thrift [Abstract]
DEPOSITS	NOTE 7. DEPOSITS The following table summarizes deposit balances and interest expense by type of deposit as of and for the nine months ended September 30, 2017 and 2016 and the year ended December 31, 2016. As of and for the As of and for the Year Ended Nine Months Ended September 30, December 31, 2017 2016 2016 (Dollars in thousands) Balance Interest Balance Interest Balance Interest Noninterest-bearing demand $ 160,718 $ — $ 142,174 $ — $ 139,136 $ — Interest-bearing demand 179,398 149 115,874 127 122,271 160 Money Market 261,901 703 240,990 548 239,387 770 Savings 50,827 39 38,476 38 40,014 49 Time Deposits 351,995 2,336 299,764 2,268 289,205 2,985 $ 1,004,839 $ 3,227 $ 837,278 $ 2,981 $ 830,013 $ 3,964

BORROWINGS

BORROWINGS	9 Months Ended
	Sep. 30, 2017
Debt Disclosure [Abstract]
BORROWINGS	NOTE 8. BORROWINGS The scheduled maturities and respective weighted average rates of outstanding FHLB advances are as follows for the dates indicated: September 30, 2017 December 31, 2016 Year of Maturity Balance Weighted Balance Weighted (Dollars in thousands) 2017 $ 135,500 1.14 % $ 273,500 0.64 % 2018 95,000 1.30 % 25,000 1.17 % 2019 3,000 1.56 % — — $ 233,500 1.21 % $ 298,500 0.68 % On September 15, 2017, the Company established a $15.0 million revolving credit loan facility with NexBank SSB. The loan facility, which is secured by Entegra Bank stock, bears interest at LIBOR plus 350 basis points and is intended to be used for general corporate purposes. The Company had drawn $5.0 million on the revolving credit loan facility as of September 30, 2017.

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES	9 Months Ended
	Sep. 30, 2017
Derivative Financial Instruments And Hedging Activities
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES	NOTE 9. DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposure to business and operational risks through management of its core business activities. The Company manages interest rate risk primarily by managing the amount, sources, and duration of its investment securities portfolio and borrowings and through the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. Derivative financial instruments are used to manage differences in the amount, timing, and duration of known or expected cash receipts or payments principally related to loans and borrowings. The table below presents the fair value of the Company’s derivative financial instruments as of the dates indicated as well as their classification on the consolidated balance sheet (in thousands). Fair Value Balance Sheet Location September 30, December 31, Designated as hedges: Cash flow hedge of borrowings - interest rate swap Other assets $ 441 $ 476 Total $ 441 $ 476 Not designated as hedges: Mortgage banking - loan commitment Other assets $ 50 $ 41 Mortgage banking - forward sales commitment Other assets 22 19 Total $ 72 $ 60 Mortgage banking - loan commitment Other liabilities $ — $ — Mortgage banking - forward sales commitment Other liabilities 3 $ — Total $ 3 $ — Derivative contracts that are not accounted for as hedging instruments under ASC 815, Derivatives and Hedging The Company’s objectives in using interest rate derivatives are to add stability to net interest revenue and to manage its exposure to interest rate movements. To accomplish this objective, the Company uses interest rate swaps as part of its interest rate risk management strategy. The structure of the swap agreements is described in the table below (dollars in thousands): Underlyings Designation Notional Payment Provision Life of Swap Contract Junior Subordinated Debt Cash Flow Hedge $ 14,000 Pay 0.958%/Receive 3 month LIBOR 4 yrs FHLB Variable Rate Advance Cash Flow Hedge $ 15,000 Pay 1.054%/Receive 3 month LIBOR 2 yrs FHLB Variable Rate Advance Cash Flow Hedge $ 20,500 Pay 1.354%/Receive 3 month LIBOR 2 yrs The swap contracts involve the payment of fixed-rate amounts to a counterparty in exchange for the Company receiving variable-rate payments without exchange of the underlying notional amounts. The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The ineffectiveness of the cash flow hedge is recognized through earnings. There was no ineffectiveness during the three and nine months ended September 30, 2017 or 2016. The table below presents the effect of the Company’s cash flow hedge on the Consolidated Statement of Income (in thousands). Amount of Gain (Loss) Recognized in AOCI on Gain (Loss) Reclassified from AOCI into Income (Effective Portion) For the three months For the nine months September 30, 2017 December 31, 2016 Location 2017 2016 2017 2016 Interest rate swap $ 278 $ 476 Interest Expense $ (12 ) $ 12 $ 8 $ 12 The Company is exposed to credit risk in the event of non-performance by the counterparties to its interest rate derivative agreements. The Company assesses the credit risk of its financial institution counterparties by monitoring publicly available credit rating and financial information. The Company manages dealer credit risk by entering into interest rate derivatives only with primary and highly rated counterparties, the use of ISDA master agreements and counterparty limits. The agreements contain collateral arrangements with the amount of collateral to be posted generally governed by the settlement value of outstanding swaps. The Company does not currently anticipate any losses from failure of interest rate derivative counterparties to honor their obligations. The Company has agreements with its derivative counterparties that contain a provision in which if the Company defaults on any of its indebtedness, including default where repayment of the indebtedness has not been accelerated by the lender, the Company could also be declared in default on its derivative obligations. Furthermore, certain agreements covering the Company’s derivative instruments contain provisions that require the Company to maintain its status as a well / adequately capitalized institution. These provisions enable the counterparties to the derivative instruments to request immediate payment or require the Company to post additional collateral.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 10. INCOME TAXES The components of net deferred taxes as of September 30, 2017 and December 31, 2016 are summarized as follows: September 30, December 31, 2017 2016 (Dollars in thousands) Deferred tax assets: Federal net operating loss $ 6,430 $ 8,560 Allowance for loan losses 3,556 3,245 Deferred compensation and post employment benefits 3,286 3,365 State net operating loss 370 557 Valuation reserve for other real estate 486 693 Non-accrual interest 320 375 Loan basis differences 123 238 Unrealized losses on securities 702 3,079 Fixed Assets 30 — Deposit premium 61 155 Other 2,011 1,380 Gross deferred tax assets 17,375 21,647 Deferred tax liabilities: Fixed assets — 263 Loan servicing rights 995 962 Deferred loan costs 1,163 1,002 Prepaid expenses 53 57 Core deposit intangible 124 158 Other 562 220 Total deferred tax liabilities 2,897 2,662 Net deferred tax asset $ 14,478 $ 18,985 As of September 30, 2017 and December 31, 2016, $39 thousand and $0.2 million, respectively, in valuation allowance related to net deferred tax assets on investment securities remains in accumulated other comprehensive income. This valuation allowance will be recognized as tax expense on a security-by-security basis upon the sale or maturity of the individual securities. The tax expense is expected to be recognized over the remaining life of the securities of approximately 3 months. The following table summarizes the amount and expiration dates of the Company’s unused net operating losses: (Dollars in thousands) Amount Expiration Dates Federal $ 18,372 2031-2034 North Carolina $ 20,174 2026-2027

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2017
Earnings Per Share [Abstract]
EARNINGS PER SHARE	NOTE 11. EARNINGS PER SHARE The following is a reconciliation of the numerator and denominator of basic and diluted net income per share of common stock: Three Months Ended Nine Months Ended (Dollars in thousands, except per share amounts) 2017 2016 2017 2016 Numerator: Net income $ 2,471 $ 1,800 $ 5,873 $ 4,024 Denominator: Weighted-average common shares outstanding - basic 6,458,679 6,466,375 6,460,015 6,483,535 Effect of dilutive securities: Stock options 42,973 — 39,165 — Restricted stock units 46,878 17,851 43,081 16,663 Weighted-average common shares outstanding - diluted 6,548,530 6,484,226 6,542,261 6,500,198 Earnings per share - basic $ 0.38 $ 0.28 $ 0.91 $ 0.62 Earnings per share - diluted $ 0.38 $ 0.28 $ 0.90 $ 0.62 At September 30, 2017, the Company had 9,000 potentially dilutive shares of common stock that were excluded from diluted earnings per share because their effect would be anti-dilutive. These potentially dilutive shares of common stock are issuable upon exercise of stock options granted to employees with a weighted average exercise price of $21.96. At September 30, 2016, the Company had 411,500 potentially dilutive shares of common stock that were excluded from diluted earnings per share because their effect would be anti-dilutive. These potentially dilutive shares of common stock are issuable upon exercise of stock options granted to employees and directors with a weighted average exercise price of $18.42.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	9 Months Ended
	Sep. 30, 2017
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	NOTE 12. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table summarizes the components of accumulated other comprehensive income and changes in those components as of and for the three and nine months ended September 30, 2017 and 2016. Three Months Ended September 30, 2017 Available Held to Deferred Tax Cash Flow Total (Dollars in thousands) Balance, beginning of period $ (2,108 ) $ — $ (93 ) $ 270 $ (1,931 ) Change in deferred tax valuation allowance attributable to net unrealized losses on investment securities available for sale — — 54 — 54 Change in net unrealized holding losses on securities available for sale 973 — — — 973 Reclassification adjustment for net securities gains realized in net income 24 — — — 24 Change in unrealized holding gains on cash flow hedge — — — 25 25 Reclassification adjustment for cash flow hedge effectiveness — — — (12 ) (12 ) Income tax effect (367 ) — — (5 ) (372 ) Balance, end of period $ (1,478 ) $ — $ (39 ) $ 278 $ (1,239 ) Three Months Ended September 30, 2016 (Dollars in thousands) Balance, beginning of period $ 3,030 $ (211 ) $ (284 ) $ (28 ) $ 2,507 Change in deferred tax valuation allowance attributable to net unrealized losses on investment securities available for sale — — 33 — 33 Change in net unrealized holding losses on securities available for sale (1,390 ) — — — (1,390 ) Reclassification adjustment for net securities gains realized in net income (407 ) — — — (407 ) Amortization of unrealized gains and losses on securities transferred to held to maturity — 324 — — 324 Change in unrealized holding gains on cash flow hedge — — — 83 83 Reclassification adjustment for cash flow hedge effectiveness — — — 12 12 Income tax effect 696 (113 ) — (35 ) 548 Balance, end of period $ 1,929 $ — $ (251 ) $ 32 $ 1,710 Nine Months Ended September 30, 2017 Available Held to Deferred Tax Cash Flow Total (Dollars in thousands) Balance, beginning of period $ (5,554 ) $ — $ (202 ) $ 300 $ (5,456 ) Change in deferred tax valuation allowance attributable to net unrealized losses on investment securities available for sale — — 163 — 163 Change in net unrealized holding losses on securities available for sale 6,404 — — — 6,404 Reclassification adjustment for net securities gains realized in net income (19 ) — — — (19 ) Reclassification adjustment for other than temporary impairment of securities available for sale 79 — — — 79 Change in unrealized holding gains on cash flow hedge — — — (43 ) (43 ) Reclassification adjustment for cash flow effectiveness — — — 8 8 Income tax effect (2,388 ) — — 13 (2,375 ) Balance, end of period $ (1,478 ) $ — $ (39 ) $ 278 $ (1,239 ) Nine Months Ended September 30, 2016 (Dollars in thousands) Balance, beginning of period $ (594 ) $ (563 ) $ (579 ) $ — $ (1,736 ) Change in deferred tax valuation allowance attributable to net unrealized losses on investment securities available for sale — — 328 — 328 Change in net unrealized holding losses on securities available for sale 5,115 — — — 5,115 Reclassification adjustment for net securities gains realized in net income (1,105 ) — — — (1,105 ) Amortization of unrealized gains and losses on securities transferred to held to maturity — 894 — — 894 Change in unrealized holding gains on cash flow hedge — — — 38 38 Reclassification adjustment for cash flow effectiveness — — — 12 12 Income tax effect (1,487 ) (331 ) — (18 ) (1,836 ) Balance, end of period $ 1,929 $ — $ (251 ) $ 32 $ 1,710 The following table shows the line items in the Consolidated Statements of Income affected by amounts reclassified from accumulated other comprehensive income: Three Months Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2017 2016 2017 2016 Income Statement Line Item Affected Available-for-sale securities Gains recognized $ (24 ) $ 407 $ 19 $ 1,105 Gain on sale of investments, net of loss Other than temporary impairment — — (79 ) — Other than temporary impairment of AFS securities Income tax effect 9 (150 ) 22 (408 ) Income tax expense Reclassified out of AOCI, net of tax (15 ) 257 (38 ) 697 Net income Held-to-maturity securities Amortization of unrealized losses — (13 ) — (917 ) Interest income - taxable securities Income tax effect — 5 — 339 Income tax expense Reclassified out of AOCI, net of tax — (8 ) — (578 ) Net income Cash flow hedge Interest expense - effective portion — — (28 ) — Interest expense - FHLB advances Interest expense - effective portion 12 (12 ) 20 (12 ) Interest expense - Junior subordinated notes Income tax effect (4 ) 4 3 4 Income tax expense Reclassified out of AOCI, net of tax 8 (8 ) (5 ) (8 ) Net income Deferred tax valuation allowance Recognition of reversal of valuation allowance (54 ) 33 (163 ) 328 Income tax expense Total reclassified out of AOCI, net of tax $ (61 ) $ 274 $ (206 ) $ 439 Net income

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 13. COMMITMENTS AND CONTINGENCIES To accommodate the financial needs of its customers, the Company makes commitments under various terms to lend funds. These commitments include revolving credit agreements, term loan commitments and short-term borrowing agreements. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness. The amount of collateral obtained, if it is deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the counterparty. Collateral held includes first and second mortgages on one-to-four family dwellings, accounts receivable, inventory, and commercial real estate. Certain lines of credit are unsecured. The following summarizes the Company’s approximate commitments to extend credit: September 30, 2017 (Dollars in thousands) Lines of credit $ 114,872 Standby letters of credit 840 $ 115,712 As of September 30, 2017, the Company had outstanding commitments to originate loans as follows: September 30, 2017 Amount Range of Rates (Dollar in thousands) Fixed $ 24,586 3.125% to 6.50% Variable 13,560 3.75% to 7.00% $ 38,146 The allowance for unfunded commitments was $0.1 million at September 30, 2017 and December 31, 2016. The Company is exposed to loss as a result of its obligation for representations and warranties on loans sold to Fannie Mae and maintained a reserve of $0.3 million as of September 30, 2017 and December 31, 2016. In the normal course of business, the Company is periodically involved in litigation. In the opinion of the Company’s management, none of this litigation is expected to have a material adverse effect on the accompanying consolidated financial statements.

FAIR VALUE DISCLOSURES

FAIR VALUE DISCLOSURES	9 Months Ended
	Sep. 30, 2017
Fair Value Disclosures [Abstract]
FAIR VALUE DISCLOSURES	NOTE 14. FAIR VALUE DISCLOSURES We use fair value measurements when recording and disclosing certain financial assets and liabilities. AFS securities, loan servicing rights and mortgage derivatives are recorded at fair value on a recurring basis. Additionally, from time to time, we may be required to record other assets at fair value on a nonrecurring basis, such as loans held for sale, impaired loans and real estate owned. Fair value is the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market in an orderly transaction between market participants at the measurement date. An orderly transaction is a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets or liabilities; it is not a forced transaction. In determining fair value, we use various valuation approaches, including market, income and cost approaches. The fair value standard establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing an asset or liability, which is developed, based on market data we have obtained from independent sources. Unobservable inputs reflect our estimate of assumptions that market participants would use in pricing an asset or liability, which are developed based on the best information available in the circumstances. The fair value hierarchy gives the highest priority to unadjusted quoted market prices in active markets for identical assets or liabilities (Level 1 measurement) and the lowest priority to unobservable inputs (Level 3 measurement). The fair value hierarchy is broken down into three levels based on the reliability of inputs as follows: · Level 1: valuation is based upon unadjusted quoted market prices for identical instruments traded in active markets. · Level 2: valuation is based upon quoted market prices for similar instruments traded in active markets, quoted market prices for identical or similar instruments traded in markets that are not active and model-based valuation techniques for which all significant assumptions are observable in the market or can be corroborated by market data. · Level 3: valuation is derived from other valuation methodologies, including discounted cash flow models and similar techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in determining fair value. A financial instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. Fair value estimates are made at a specific point of time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale the Company’s entire holdings of a particular financial instrument. Because no active market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, current interest rates and prepayment trends, risk characteristics of various financial instruments, and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in any of these assumptions used in calculating fair value also would affect significantly the estimates. In addition, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in any of these estimates. Following is a description of valuation methodologies used for assets and liabilities recorded at fair value on a recurring basis: Investment Securities We obtain fair values for debt securities from a third-party pricing service, which utilizes several sources for valuing fixed-income securities. The market evaluation sources for debt securities include observable inputs rather than significant unobservable inputs and are classified as Level 2. The service provider utilizes pricing models that vary by asset class and include available trade, bid and other market information. Generally, the methodologies include broker quotes, proprietary models, vast descriptive terms and conditions databases, as well as extensive quality control programs. Included in securities are investments in an exchange traded bond fund and U.S. Treasury bonds which are valued by reference to quoted market prices and considered a Level 1 security. Also included in securities are corporate bonds which are valued using significant unobservable inputs and are classified as Level 2 or Level 3 based on market information available during the period. Trading securities represent investments in exchange traded mutual funds which are valued by reference to quoted market prices and considered a Level 1 security. Loan Servicing Rights Loan servicing rights are carried at fair value as determined by a third party valuation firm. The valuation model utilizes a discounted cash flow analysis using discount rates and prepayment speed assumptions used by market participants. The Company classifies loan servicing rights fair value measurements as Level 3. Derivative Instruments Derivative instruments include interest rate lock commitments, forward sale commitments, and interest rate swaps. Interest rate lock commitments and forward sale commitments are valued based on the change in the value of the underlying loan between the commitment date and the end of the period. The Company classifies these instruments as Level 3. Interest rate swaps are valued by a third party using significant assumptions that are observable in the market and can be corroborated by market data. The Company classifies interest rate swaps as Level 2. Following is a description of valuation methodologies used for assets and liabilities recorded at fair value on a nonrecurring basis: Loans Held for Sale Loans held for sale are carried at the lower of cost or fair value. The fair value of loans held for sale is based on what secondary markets are currently offering for portfolios with similar characteristics. Loans held for sale carried at fair value are classified as Level 2. Impaired Loans Impaired loans are carried at the lower of recorded investment or fair value. The fair value of collateral dependent impaired loans is estimated using the value of the collateral less selling costs if repayment is expected from liquidation of the collateral. Appraisals may be discounted based on our historical knowledge, changes in market conditions from the time of appraisal or our knowledge of the borrower and the borrower’s business. Impaired loans carried at fair value are classified as Level 3. Impaired loans measured using the present value of expected future cash flows are not deemed to be measured at fair value. Real Estate Owned Real estate owned, obtained in partial or total satisfaction of a loan is recorded at the lower of recorded investment in the loan or fair value less cost to sell. Subsequent to foreclosure, these assets are carried at the lower of the amount recorded at acquisition date or fair value less cost to sell. Accordingly, it may be necessary to record nonrecurring fair value adjustments. Fair value, when recorded, is generally based upon appraisals by approved, independent, state certified appraisers. Like impaired loans, appraisals may be discounted based on our historical knowledge, changes in market conditions from the time of appraisal or other information available to us. Real estate owned carried at fair value is classified as Level 3. Small Business Investment Company Holdings Small Business Investment Company holdings (SBIC) are carried at the lower of cost or fair value. From time to time impairment of SBIC is evident as a result of underlying financial review and a valuation allowance for other-than-temporary impairment is established. SBIC carried at fair value is classified as Level 3. In addition to financial instruments recorded at fair value in our financial statements, fair value accounting guidance requires disclosure of the fair value of all of an entity’s assets and liabilities that are considered financial instruments. The majority of our assets and liabilities are considered financial instruments. Many of these instruments lack an available trading market as characterized by a willing buyer and willing seller engaged in an exchange transaction. Also, it is our general practice and intent to hold our financial instruments to maturity and to not engage in trading or sales activities. For fair value disclosure purposes, we substantially utilize the fair value measurement criteria as required and explained above. In cases where quoted fair values are not available, we use present value methods to determine the fair value of our financial instruments. Following is a description of valuation methodologies used for the disclosure of the fair value of financial instruments not carried at fair value: Cash and Cash Equivalents The carrying amount of such instruments is deemed to be a reasonable estimate of fair value. Loans The fair value of variable rate performing loans is based on carrying values adjusted for credit risk. The fair value of fixed rate performing loans is estimated using discounted cash flow analyses, utilizing interest rates currently being offered for loans with similar terms, adjusted for credit risk. The fair value of nonperforming loans is based on their carrying values less any specific reserve. A prepayment assumption is used to estimate the portion of loans that will be repaid prior to their scheduled maturity. No adjustment has been made for the illiquidity in the market for loans as there is no active market for many of the Company’s loans on which to reasonably base this estimate. Bank Owned Life Insurance Fair values approximate net cash surrender values. Other Investments, at cost No ready market exists for this stock and it has no quoted market value. However, redemption of this stock has historically been at par value. Accordingly, the carrying amount is deemed to be a reasonable estimate of fair value. Deposits The fair values disclosed for demand deposits are equal to the amounts payable on demand at the reporting date. The fair value of certificates of deposit are estimated by discounting the amounts payable at the certificate rates using the rates currently offered for deposits of similar remaining maturities. Advances from the FHLB The fair values disclosed for fixed rate long-term borrowings are determined by discounting their contractual cash flows using current interest rates for long-term borrowings of similar remaining maturities. The carrying amounts of variable rate long-term borrowings approximate their fair values. Junior Subordinated Notes The carrying amount approximates fair value because the debt is variable rate tied to LIBOR. Other Borrowings The fair values disclosed for fixed rate long-term borrowings are determined by discounting their contractual cash flows using current interest rates for long-term borrowings of similar remaining maturities. Accrued Interest Receivable and Payable Since these financial instruments will typically be received or paid within three months, the carrying amounts of such instruments are deemed to be a reasonable estimate of fair value. Loan Commitments Estimates of the fair value of these off-balance sheet items are not made because of the short-term nature of these arrangements and the credit standing of the counterparties. Assets and Liabilities Recorded at Fair Value on a Recurring Basis Below is a table that presents information about certain assets and liabilities measured at fair value on a recurring basis: September 30, 2017 Level 1 Level 2 Level 3 Total (Dollars in thousands) Trading account assets $ 5,840 $ — $ — $ 5,840 Securities available for sale: U.S. Treasury & Government Agencies 2,510 1,003 — 3,513 Municipal Securities — 143,728 — 143,728 Mortgage-backed Securities - Guaranteed — 162,115 — 162,115 Mortgage-backed Securities - Non Guaranteed — 64,818 — 64,818 Collateralized Loan Obligations — 5,565 — 5,565 Corporate bonds — 19,817 1,052 20,869 Mutual funds 618 — — 618 Total securities available for sale 3,128 397,046 1,052 401,226 Loan servicing rights — — 2,713 2,713 Derivative assets — 441 — 441 Forward sales commitments — — 22 22 Interest rate lock commitments — — 50 50 Total assets $ 8,968 $ 397,487 $ 3,837 $ 410,292 Forward sales commitments $ — $ — $ 3 $ 3 Interest rate lock commitments — — — — Total liabilities $ — $ — $ 3 $ 3 December 31, 2016 Level 1 Level 2 Level 3 Total (Dollars in thousands) Trading account assets $ 5,211 $ — $ — $ 5,211 Securities available for sale: U.S. Treasury & Government Agencies 2,514 12,107 — 14,621 Municipal Securities — 146,771 — 146,771 Mortgage-backed Securities - Guaranteed — 160,181 — 160,181 Mortgage-backed Securities - Non Guaranteed — 57,756 — 57,756 Corporate bonds — 16,214 2,144 18,358 Mutual funds 604 — — 604 Total securities available for sale 3,118 393,029 2,144 398,291 Loan servicing rights — — 2,603 2,603 Derivative assets — 476 — 476 Forward sales commitments — — 19 19 Interest rate lock commitments — — 41 41 Total assets $ 8,329 $ 393,505 $ 4,807 $ 406,641 There were no liabilities measured at fair value on a recurring basis as of December 31, 2016. The following table presents the changes in assets and liabilities measured at fair value on a recurring basis for which we have utilized Level 3 inputs to determine fair value: Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 (Dollars in thousands) (Dollars in thousands) Balance at beginning of period $ 3,836 $ 2,510 $ 4,807 $ 2,390 Corporate bonds Fair value adjustment — — (4 ) — Transfer to Level 2 — — (1,086 ) — Transfer from Level 2 — 2,758 — 2,758 Loan servicing right activity, included in servicing income, net Capitalization from loans sold 154 185 446 444 Fair value adjustment (158 ) (150 ) (335 ) (362 ) Mortgage derivative gains(losses) included in other income 5 (38 ) 9 35 Balance at end of period $ 3,837 $ 5,265 $ 3,837 $ 5,265 Assets and Liabilities Recorded at Fair Value on a Nonrecurring Basis The table below presents information about certain assets and liabilities measured at fair value on a nonrecurring basis. There were no loans held for sale carried at fair value at either September 30, 2017 or December 31, 2016. September 30, 2017 Level 1 Level 2 Level 3 Total (Dollars in thousands) Collateral dependent impaired loans: One-to four family residential $ — $ — $ 2,553 $ 2,553 Commercial real estate — — 4,111 4,111 Home equity loans and lines of credit — — 213 213 Other construction and land — — 579 579 Commercial — — — — Real estate owned: One-to-four family residential — — 25 25 Commercial real estate — — 644 644 Other construction and land — — 1,768 1,768 SBIC — — 3,090 3,090 Total assets $ — $ — $ 12,983 $ 12,983 December 31, 2016 Level 1 Level 2 Level 3 Total (Dollars in thousands) Collateral dependent impaired loans: One-to-four family residential $ — $ — $ 2,205 $ 2,205 Commercial real estate — — 6,329 6,329 Home equity loans and lines of credit — — 213 213 Other construction and land — — 809 809 Real estate owned: One-to-four family residential — — 1,336 1,336 Commercial real estate — — 722 722 Other construction and land — — 2,168 2,168 SBIC — — 1,655 1,655 Total assets $ — $ — $ 15,437 $ 15,437 There were no liabilities measured at fair value on a nonrecurring basis as of September 30, 2017 or December 31, 2016. Impaired loans totaling $4.4 million at September 30, 2017 and $4.6 million at December 31, 2016, were measured using the present value of expected future cash flows. These impaired loans were not deemed to be measured at fair value on a nonrecurring basis. The following table provides information describing the unobservable inputs used in Level 3 fair value measurements at September 30, 2017. Valuation Technique Unobservable Input General Range Impaired loans Discounted Appraisals Collateral discounts and estimated selling cost 0% - 30% Real estate owned Discounted Appraisals Collateral discounts and estimated selling cost 0% - 30% Corporate bonds Discounted Cash Flows Recent trade pricing 0% - 8% Loan servicing rights Discounted Cash Flows Prepayment speed 5% - 35% Discount rate 12% - 14% SBIC Indicative value provided by fund Current operations and financial condition 0% - 13% The approximate carrying and estimated fair value of financial instruments are summarized below: Carrying Fair Value Measurements at September 30, 2017 (Dollars in thousands) Amount Total Level 1 Level 2 Level 3 Assets: Cash and equivalents $ 94,498 $ 94,498 $ 94,498 $ — $ — Trading securities 5,840 5,840 5,840 — — Securities available for sale 401,226 401,226 3,128 397,046 1,052 Loans held for sale 3,818 4,132 — 4,132 — Loans receivable, net 817,034 809,564 — — 809,564 Other investments, at cost 12,633 12,633 — 12,633 — Interest receivable 5,436 5,436 — 5,436 — Bank owned life insurance 31,950 31,950 — 31,950 — Loan servicing rights 2,713 2,713 — — 2,713 Forward sales commitments 22 22 — — 22 Interest rate lock commitments 50 50 — — 50 Derivative asset 441 441 — 441 — SBIC investments 3,090 3,090 — — 3,090 Liabilities: Demand deposits $ 652,844 $ 652,844 $ — $ 652,844 $ — Time deposits 351,995 348,444 — — 348,444 Federal Home Loan Bank advances 233,500 233,610 — 233,610 — Junior subordinated debentures 14,433 14,433 — 14,433 — Other borrowings 8,588 8,604 — 8,604 — Accrued interest payable 910 910 — 910 — Forward sales commitments 3 3 — — 3 Carrying Fair Value Measurements at December 31, 2016 (Dollars in thousands) Amount Total Level 1 Level 2 Level 3 Assets: Cash and equivalents $ 43,294 $ 43,294 $ 43,294 $ — $ — Trading securities 5,211 5,211 5,211 — — Securities available for sale 398,291 398,291 3,118 393,029 2,144 Loans held for sale 4,584 5,093 — 5,093 — Loans receivable, net 744,361 741,612 — — 741,612 Other investments, at cost 15,261 15,261 — 15,261 — Interest receivable 5,012 5,012 — 5,012 — Bank owned life insurance 31,347 31,347 — 31,347 — Loan servicing rights 2,603 2,603 — — 2,603 Forward sales commitments 19 19 — — 19 Interest rate lock commitments 41 41 — — 41 Derivative asset 476 476 — 476 — SBIC investments 1,655 1,655 — — 1,655 Liabilities: Demand deposits $ 540,808 540,808 $ — $ 540,808 $ — Time deposits 289,205 286,611 — — 286,611 Federal Home Loan Bank advances 298,500 298,667 — 298,667 — Junior subordinated debentures 14,433 14,433 — 14,433 — Other borrowings 2,725 2,907 — 2,907 — Accrued interest payable 254 254 — 254 —

SHARE REPURCHASES

SHARE REPURCHASES	9 Months Ended
	Sep. 30, 2017
Banking and Thrift [Abstract]
SHARE REPURCHASES	NOTE 15. SHARE REPURCHASES On January 28, 2016, the Company announced that the Board of Directors had authorized the repurchase of up to 327,318 shares of the Company’s common stock. On February 24, 2017, the Company announced the extension of the stock repurchase program through February 23, 2018. The following table summarizes repurchase activity for the nine months ended September 30, 2017. Period Total Number of Average Price Paid Total Number of Shares Maximum Number of January 1, 2017 to January 31, 2017 — $ — — 222,750 February 1, 2017 to February 28, 2017 — $ — — 222,750 March 1, 2017 to March 31, 2017 13,000 $ 23.12 13,000 209,750 April 1, 2017 to June 30, 2017 — $ — — 209,750 July 1, 2017 to September 30, 2017 — $ — — 209,750 Total year-to-date 2017 13,000 $ 23.12 13,000 209,750

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2017
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 16. SUBSEQUENT EVENTS On October 1, 2017, the Company completed its acquisition of Chattahoochee Bank of Georgia (“Chattahoochee”) located in Gainesville, Georgia, which was merged with and into Entegra Bank. The Company will continue to operate Chattahoochee’s offices as Chattahoochee Bank of Georgia until a system conversion is completed in March 2018. Shareholders of Chattahoochee received a combination of cash and stock having a value of $14.75 in exchange for each share of Chattahoochee’s common stock held immediately prior to the effective time of the merger. The aggregate merger consideration paid by the Company was approximately $35.3 million, which included $3.3 million for the cash-out of in-the-money stock options and warrants. The Company issued 395,666 shares of common stock in connection with the merger. The acquisition added approximately $176.2 million to the Company’s assets, including $159.0 million of loans, $11.9 million of goodwill, and $166.1 million of deposits.

ORGANIZATION AND BASIS OF PRE24

ORGANIZATION AND BASIS OF PRESENTATION (Policies)	9 Months Ended
	Sep. 30, 2017
Organization And Basis Of Presentation Policies
Organization	Organization Entegra Financial Corp. (the “Company”) was incorporated on May 31, 2011 and became the holding company for Entegra Bank (the “Bank”) on September 30, 2014 upon the completion of Macon Bancorp’s merger with and into the Company, pursuant to which Macon Bancorp converted from the mutual to stock form of organization. The Company’s primary operation is its investment in the Bank. The Company also owns 100% of the common stock of Macon Capital Trust I (the “Trust”), a Delaware statutory trust formed in 2003 to facilitate the issuance of trust preferred securities. The Bank is a North Carolina state-chartered commercial bank and has a wholly owned subsidiary, Entegra Services, Inc., which was inactive as of September 30, 2017. The consolidated financials are presented in these financial statements. The Bank operates as a community-focused retail bank, originating primarily real estate based mortgage, consumer and commercial loans and accepting deposits from consumers and small businesses.
Estimates	Estimates The preparation of consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change, in the near term, relate to the determination of the allowance for loan losses, the valuation of acquired loans, separately identifiable intangible assets associated with mergers and acquisitions, the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, and the valuation of deferred tax assets.
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company, the Bank, and its wholly owned subsidiary. The accounts of the Trust are not consolidated with the Company. In consolidation all significant intercompany accounts and transactions have been eliminated.
Reclassification	Reclassification Certain amounts in the prior years’ financial statements may have been reclassified to conform to the current year’s presentation. Certain mortgage-backed securities were reclassified to either mortgage-backed securities with guarantees, or mortgage-backed securities with no guarantee to better align the investment securities by risk categories. The reclassifications had no significant effect on our results of operations or financial condition as previously reported.
Basis of Presentation	Basis of Presentation The accompanying unaudited interim consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles, or GAAP, for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements and should be read in conjunction with our Annual Report on Form 10-K, filed with the SEC on March 15, 2017. In the opinion of management, these interim financial statements present fairly, in all material respects, the Company’s consolidated financial position and results of operations for each of the interim periods presented. Results of operations for interim periods are not necessarily indicative of the results of operations that may be expected for a full year or any future period.
Acquisition Activities	Acquisition Activities The Company accounts for business combinations under the acquisition method of accounting. Assets acquired and liabilities assumed are measured and recorded at fair value at the date of acquisition, including identifiable intangible assets. If the fair value of net assets purchased exceeds the fair value of consideration paid, a bargain purchase gain is recognized at the date of acquisition. Conversely, if the consideration paid exceeds the fair value of the net assets acquired, goodwill is recognized at the acquisition date. Fair values are subject to refinement for a period not to exceed one year after the closing date of an acquisition as information relative to closing date fair values becomes available. The determination of the fair value of loans acquired takes into account credit quality deterioration and probability of loss; therefore, the related allowance for loan losses is not carried forward. All identifiable intangible assets that are acquired in a business combination are recognized at fair value on the acquisition date. Identifiable intangible assets are recognized separately if they arise from contractual or other legal rights or if they are separable (i.e., capable of being sold, transferred, licensed, rented, or exchanged separately from the entity). Deposit liabilities and the related depositor relationship intangible assets may be exchanged in observable exchange transactions. As a result, the depositor relationship intangible asset is considered identifiable, because the separability criterion has been met.
Recently Issued Accounting Standards	Recent Accounting Standards Updates In August 2017, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2017-12 Derivatives and Hedging (Topic 815), Targeted Improvements to Accounting for Hedging Activities In March 2017, the FASB issued amendments to ASU 2017-08 Receivables –Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization of Purchased Callable Debt Securities. In March 2017, the FASB issued amendments to ASU 2017-07 Compensation – Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension cost and Net Periodic Postretirement Benefit Cost. In January 2017, the FASB issued amendments to ASU 2017-04 Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. In January 2017, the FASB issued amendments to ASU 2017-01 Business Combinations (Topic 80): Clarifying the Definition of a Business. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a material impact on the Company’s financial position, results of operations or cash flows.

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	9 Months Ended
	Sep. 30, 2017
As Recorded by Stearns [Member]
Schedule of Assets and Liabilities assumed at the date of acquisition and their initial fair values	The following table summarizes the assets acquired and liabilities assumed at the date of acquisition and their initial fair values: (Dollars in thousands) As Recorded Fair Value As Recorded Assets Cash and cash equivalents $ 1,258 $ — $ 1,258 Loans 7 — 7 Premises and equipment 950 132 1,082 Core deposit intangible — 1,650 1,650 Total assets acquired 2,215 1,782 3,997 Liabilities Deposits: Noninterest-bearing demand $ 16,032 $ — 16,032 Interest-bearing demand 40,525 — 40,525 Money market 15,368 — 15,368 Savings 7,717 — 7,717 Time deposits 73,480 1,062 74,542 Total deposits 153,122 1,062 154,184 Other liabilities 321 — 321 Total liabilities assumed 153,443 1,062 154,505 Excess of liabilities assumed over assets acquired $ 151,228 $ 720 $ 150,508 Cash received to settle the acquisition $ 145,492 Goodwill $ 5,016

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2017
Investment Securities Tables
Schedule of holdings of our trading account	The following table presents the holdings of our trading account as of September 30, 2017 and December 31, 2016: September 30, December 31, 2017 2016 (Dollars in thousands) Mutual funds $ 5,840 $ 5,211
Schedule of investment securities available for sale	The amortized cost and estimated fair values of AFS securities as of September 30, 2017 and December 31, 2016 are summarized as follows: September 30, 2017 Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gains Losses Value (Dollars in thousands) U.S. Treasury & Government Agencies $ 3,500 $ 15 $ (2 ) $ 3,513 Municipal Securities 145,382 606 (2,260 ) 143,728 Mortgage-backed Securities - Guaranteed 163,193 261 (1,339 ) 162,115 Mortgage-backed Securities - Non Guaranteed 64,802 279 (263 ) 64,818 Collateralized Loan Obligations 5,564 1 — 5,565 Corporate bonds 20,505 411 (47 ) 20,869 Mutual funds 626 — (8 ) 618 $ 403,572 $ 1,573 $ (3,919 ) $ 401,226 December 31, 2016 Gross Gross Estimated Amortized Unrealized Unrealized Fair Cost Gains Losses Value (Dollars in thousands) U.S. Treasury & Government Agencies $ 14,577 $ 46 $ (2 ) $ 14,621 Municipal Securities 152,208 337 (5,774 ) 146,771 Mortgage-backed Securities - Guaranteed 162,379 134 (2,332 ) 160,181 Mortgage-backed Securities - Non Guaranteed 58,967 2 (1,213 ) 57,756 Corporate bonds 18,354 171 (167 ) 18,358 Mutual funds 616 — (12 ) 604 $ 407,101 $ 690 $ (9,500 ) $ 398,291
Unrealized Losses Related to Available-for-Sale Previously Recognized in Other Comprehensive Income	Information pertaining to securities with gross unrealized losses at September 30, 2017 and December 31, 2016, aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows: September 30, 2017 Less Than 12 Months More Than 12 Months Total Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Available-for-Sale: U.S. Treasury & Government Agencies $ 998 $ 2 $ — $ — $ 998 $ 2 Municipal Securities 42,896 516 53,018 1,744 95,914 2,260 Mortgage-backed Securities - Guaranteed 68,196 456 50,449 883 118,645 1,339 Mortgage-backed Securities - Non Guaranteed 31,027 192 8,574 71 39,601 263 Corporate bonds 2,657 47 — — 2,657 47 Mutual funds 618 8 — — 618 8 $ 146,392 $ 1,221 $ 112,041 $ 2,698 $ 258,433 $ 3,919 December 31, 2016 Less Than 12 Months More Than 12 Months Total Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Available-for-Sale: U.S. Treasury & Government Agencies $ 1,000 $ 2 $ — $ — $ 1,000 $ 2 Municipal Securities 122,468 5,759 331 15 122,799 5,774 Mortgage-backed Securities - Guaranteed 115,539 2,035 17,594 297 133,133 2,332 Mortgage-backed Securities - Non Guaranteed 54,555 1,213 — — 54,555 1,213 Corporate bonds 6,741 167 — — 6,741 167 Mutual funds 616 12 — — 616 12 $ 300,919 $ 9,188 $ 17,925 $ 312 $ 318,844 $ 9,500
Securities Gross Unrealized Losses Position	Information pertaining to the number of securities with unrealized losses is detailed in the table below. September 30, 2017 Less Than More Than Total U.S. Treasury & Government Agencies 1 — 1 Municipal Securities 41 38 79 Mortgage-backed Securities - Guaranteed 43 36 79 Mortgage-backed Securities - Non Guaranteed 17 6 23 Corporate bonds 3 — 3 Mutual funds 1 — 1 106 80 186 December 31, 2016 Less Than 12 Months More Than 12 Months Total U.S. Treasury & Government Agencies 1 — 1 Municipal Securities 129 1 130 Mortgage-backed Securities - Guaranteed 77 13 90 Mortgage-backed Securities - Non Guaranteed 24 1 25 Corporate bonds 8 — 8 Mutual funds 1 — 1 240 15 255
Proceeds from Sales of Securities Available For Sale and Their Corresponding Gross Realized Gains and Losses	For the three and nine months ended September 30, 2017 and 2016 the Company received proceeds from sales of securities classified as AFS and corresponding gross realized gains and losses as follows: Three Months Ended Nine Months Ended 2017 2016 2017 2016 (Dollars in thousands) (Dollars in thousands) Gross proceeds $ 55,474 $ 39,619 $ 92,316 $ 115,328 Gross realized gains 229 407 352 1,139 Gross realized losses 253 — 333 34
Amortized Cost and Estimated Fair Value of Securities by Contractual Maturity	The amortized cost and estimated fair value of investments in debt securities at September 30, 2017, by contractual maturity, is shown below. Available-for-Sale Amortized Fair (Dollars in thousands) Less than 1 year $ 1,626 $ 1,616 Over 1 year through 5 years 5,579 5,640 After 5 years through 10 years 23,349 23,664 Over 10 years 145,023 143,374 175,577 174,294 Mortgage-backed securities 227,995 226,932 Total $ 403,572 $ 401,226

LOANS RECEIVABLE (Tables)

LOANS RECEIVABLE (Tables)	9 Months Ended
	Sep. 30, 2017
Loans Receivable Tables
Loan Receivable	Loans receivable as of September 30, 2017 and December 31, 2016 are summarized as follows: September 30, December 31, 2017 2016 (Dollars in thousands) Real estate mortgage loans: One-to-four family residential $ 291,042 $ 278,437 Commercial real estate 328,931 292,879 Home equity loans and lines of credit 47,687 50,334 Residential construction 20,391 18,531 Other construction and land 82,035 60,605 Total real estate loans 770,086 700,786 Commercial and industrial 44,097 41,306 Consumer 5,278 4,594 Total commercial and consumer 49,375 45,900 Loans receivable, gross 819,461 746,686 Less: Net deferred loan fees (1,545 ) (923 ) Fair value discount (487 ) (857 ) Unamortized premium 495 605 Unamortized discount (890 ) (1,150 ) Loans receivable, net of deferred fees $ 817,034 $ 744,361
Activity Related to Discount on Purchased Loans	The following tables present the activity related to the discount on individually purchased loans for the three and nine month periods ended September 30, 2017 and 2016: For the Three Months Ended For the Nine Months Ended September 30, September 30, (Dollars in thousands) 2017 2016 2017 2016 Discount on purchased loans, beginning of $ 956 $ 1,233 $ 1,150 $ 1,366 Accretion (66 ) (5 ) (260 ) (138 ) Discount on purchased loans, end of period $ 890 $ 1,228 $ 890 $ 1,228 The following table presents the activity related to the fair value discount on loans from business combinations for the three and nine month periods ended September 30, 2017 and 2016: For the Three Months Ended Nine Months Ended September 30, September 30, (Dollars in thousands) 2017 2016 2017 2016 Fair value discount, beginning of period $ 704 $ 840 $ 857 $ 72 Additional discount for acquisitions — 132 — 1,092 Accretion (217 ) (101 ) (370 ) (293 ) Fair value discount, end of period $ 487 $ 871 $ 487 $ 871

ALLOWANCE FOR LOAN LOSSES (Tabl

ALLOWANCE FOR LOAN LOSSES (Tables)	9 Months Ended
	Sep. 30, 2017
Allowance For Loan Losses Tables
Changes in Allowance for Loan Losses	The following tables present, by portfolio segment, the changes in the allowance for loan losses: Three Months Ended September 30, 2017 One-to four Commercial Home Equity and Residential Other Commercial Consumer Total (Dollars in thousands) Beginning balance $ 3,386 $ 4,096 $ 572 $ 248 $ 907 $ 585 $ 140 $ 9,934 Provision 320 (80 ) 236 (28 ) 113 (5 ) (36 ) 520 Charge-offs — (105 ) (266 ) — (114 ) — (18 ) (503 ) Recoveries 2 32 — — 9 7 56 106 Ending balance $ 3,708 $ 3,943 $ 542 $ 220 $ 915 $ 587 $ 142 $ 10,057 Three Months Ended September 30, 2016 One-to four Commercial Home Equity and Residential Other Commercial Consumer Total (Dollars in thousands) Beginning balance $ 2,679 $ 3,379 $ 887 $ 175 $ 1,064 $ 530 $ 226 $ 8,940 Provision (376 ) 494 (137 ) (60 ) (95 ) 79 195 100 Charge-offs (19 ) — (28 ) — (44 ) (52 ) (146 ) (289 ) Recoveries 27 170 44 — 28 13 71 353 Ending balance $ 2,311 $ 4,043 $ 766 $ 115 $ 953 $ 570 $ 346 $ 9,104 Nine Months Ended September 30, 2017 One-to four Commercial Home Equity and Residential Other Commercial Consumer Total (Dollars in thousands) Beginning balance $ 2,812 $ 3,979 $ 677 $ 185 $ 848 $ 599 $ 205 $ 9,305 Provision 875 82 127 35 280 (34 ) (205 ) 1,160 Charge-offs (50 ) (193 ) (267 ) — (289 ) — (42 ) (841 ) Recoveries 71 75 5 — 76 22 184 433 Ending balance $ 3,708 $ 3,943 $ 542 $ 220 $ 915 $ 587 $ 142 $ 10,057 Nine Months Ended September 30, 2016 One-to four Commercial Home Equity and Residential Other Commercial Consumer Total (Dollars in thousands) Beginning balance $ 2,455 $ 3,221 $ 1,097 $ 278 $ 1,400 $ 603 $ 407 $ 9,461 Provision (83 ) 1,081 (351 ) (195 ) (78 ) (106 ) (168 ) 100 Charge-offs (117 ) (431 ) (158 ) — (481 ) (62 ) (172 ) (1,421 ) Recoveries 56 172 178 32 112 135 279 964 Ending balance $ 2,311 $ 4,043 $ 766 $ 115 $ 953 $ 570 $ 346 $ 9,104
Investment in Loans by Portfolio Segment	The following tables present, by portfolio segment and reserving methodology, the allocation of the allowance for loan losses and the net investment in loans: September 30, 2017 One-to-four Commercial Home Equity and Residential Other Commercial Consumer Total (Dollars in thousands) Allowance for loan losses Individually evaluated for impairment $ 206 $ 65 $ — $ — $ 51 $ 16 $ — $ 338 Collectively evaluated for impairment 3,502 3,878 542 220 864 571 142 9,719 $ 3,708 $ 3,943 $ 542 $ 220 $ 915 $ 587 $ 142 $ 10,057 Loans Receivable Individually evaluated for impairment $ 4,118 $ 5,813 $ 313 $ — $ 1,303 $ 293 $ — $ 11,840 Collectively evaluated for impairment 286,172 321,787 47,480 20,337 80,487 43,580 5,351 805,194 $ 290,290 $ 327,600 $ 47,793 $ 20,337 $ 81,790 $ 43,873 $ 5,351 $ 817,034 December 31, 2016 One-to four Commercial Home Equity and Residential Other Commercial Consumer Total (Dollars in thousands) Allowance for loan losses Individually evaluated for impairment $ 201 $ 178 $ 2 $ — $ 175 $ 28 $ — $ 584 Collectively evaluated for impairment 2,611 3,801 675 185 673 571 205 8,721 $ 2,812 $ 3,979 $ 677 $ 185 $ 848 $ 599 $ 205 $ 9,305 Loans Receivable Individually evaluated for impairment $ 3,769 $ 7,601 $ 313 $ — $ 1,682 $ 306 $ — $ 13,671 Collectively evaluated for impairment 273,169 284,502 50,087 18,439 58,444 41,397 4,652 730,690 $ 276,938 $ 292,103 $ 50,400 $ 18,439 $ 60,126 $ 41,703 $ 4,652 $ 744,361
Credit Risk Profile by Rating	The following tables present the recorded investment in gross loans by loan grade: September 30, 2017 Loan Grade One-to Four- Commercial Home Equity and Residential Other Commercial Consumer Total (Dollars in thousands) 1 $ — $ 9,202 $ — $ — $ — $ 1,018 $ — $ 10,220 2 1,174 4,164 — — — 1,206 — 6,544 3 26,989 38,919 2,197 496 1,827 5,652 — 76,080 4 93,206 157,385 4,633 10,886 45,104 21,596 363 333,173 5 22,521 96,192 1,065 2,806 17,681 13,733 8 154,006 6 2,118 9,023 — — 2,085 264 — 13,490 7 2,191 5,163 — — 438 404 — 8,196 $ 148,199 $ 320,048 $ 7,895 $ 14,188 $ 67,135 $ 43,873 $ 371 $ 601,709 Ungraded Loan Exposure: Performing $ 140,609 $ 7,552 $ 39,819 $ 6,149 $ 14,538 $ — $ 4,933 $ 213,600 Nonperforming 1,482 — 79 — 117 — 47 1,725 Subtotal $ 142,091 $ 7,552 $ 39,898 $ 6,149 $ 14,655 $ — $ 4,980 $ 215,325 Total $ 290,290 $ 327,600 $ 47,793 $ 20,337 $ 81,790 $ 43,873 $ 5,351 $ 817,034 December 31, 2016 Loan Grade One-to Four- Commercial Home Equity and Residential Other Commercial Consumer Total (Dollars in thousands) 1 $ — $ 10,203 $ — $ — $ — $ 431 $ — $ 10,634 2 — 4,287 — — — 1,465 — 5,752 3 27,975 24,626 1,814 586 2,164 2,803 — 59,968 4 75,246 130,857 3,363 10,646 22,293 21,942 51 264,398 5 26,306 95,408 3,476 2,347 17,930 11,344 324 157,135 6 2,587 11,501 — 284 2,470 270 — 17,112 7 1,713 6,686 — — 869 421 — 9,689 $ 133,827 $ 283,568 $ 8,653 $ 13,863 $ 45,726 $ 38,676 $ 375 $ 524,688 Ungraded Loan Exposure: Performing $ 142,222 $ 8,535 $ 41,497 $ 4,576 $ 14,149 $ 3,027 $ 4,230 $ 218,236 Nonperforming 889 — 250 — 251 — 47 1,437 Subtotal $ 143,111 $ 8,535 $ 41,747 $ 4,576 $ 14,400 $ 3,027 $ 4,277 $ 219,673 Total $ 276,938 $ 292,103 $ 50,400 $ 18,439 $ 60,126 $ 41,703 $ 4,652 $ 744,361
Aging Analysis of Recorded Investment of Past-Due Financing Receivables	The following tables include an aging analysis of the recorded investment of past-due financing receivables by class. The Company does not accrue interest on loans greater than 90 days past due. September 30, 2017 30-59 Days 60-89 Days 90 Days and Total Current Total Loans (Dollars in thousands) One-to four-family residential $ 2,250 $ 616 $ 1,471 $ 4,337 $ 285,953 $ 290,290 Commercial real estate 2,596 179 719 3,494 324,106 327,600 Home equity and lines of credit 889 47 70 1,006 46,787 47,793 Residential construction 283 — — 283 20,054 20,337 Other construction and land 178 50 126 354 81,436 81,790 Commercial 235 — 150 385 43,488 43,873 Consumer 29 5 42 76 5,275 5,351 Total $ 6,460 $ 897 $ 2,578 $ 9,935 $ 807,099 $ 817,034 December 31, 2016 30-59 Days 60-89 Days 90 Days and Total Current Total Loans (Dollars in thousands) One-to four-family residential $ 4,917 $ 1,108 $ 427 $ 6,452 $ 270,486 $ 276,938 Commercial real estate 1,382 1,800 1,638 4,820 287,283 292,103 Home equity and lines of credit 126 44 231 401 49,999 50,400 Residential construction 180 — — 180 18,259 18,439 Other construction and land 468 — 794 1,262 58,864 60,126 Commercial 368 — — 368 41,335 41,703 Consumer 62 1 — 63 4,589 4,652 Total $ 7,503 $ 2,953 $ 3,090 $ 13,546 $ 730,815 $ 744,361
Summary of Average Impaired Loans	The following table presents investments in loans considered to be impaired and related information on those impaired loans as of September 30, 2017 and December 31, 2016. September 30, 2017 December 31, 2016 Recorded Unpaid Specific Recorded Unpaid Specific (Dollars in thousands) Loans without a valuation allowance One-to four-family residential $ 3,006 $ 3,122 $ — $ 2,625 $ 2,723 $ — Commercial real estate 4,142 6,170 — 5,526 7,710 — Home equity and lines of credit 213 328 — 213 328 — Residential construction — — — — — — Other construction and land 579 682 — 771 911 — Commercial — — — — — — $ 7,940 $ 10,302 $ — $ 9,135 $ 11,672 $ — Loans with a valuation allowance One-to four-family residential $ 1,112 $ 1,112 $ 206 $ 1,144 $ 1,144 $ 201 Commercial real estate 1,671 1,671 65 2,075 2,075 178 Home equity and lines of credit 100 100 — 100 100 2 Residential construction — — — — — — Other construction and land 724 724 51 911 911 175 Commercial 293 293 16 306 306 28 $ 3,900 $ 3,900 $ 338 $ 4,536 $ 4,536 $ 584 Total One-to four-family residential $ 4,118 $ 4,234 $ 206 $ 3,769 $ 3,867 $ 201 Commercial real estate 5,813 7,841 65 7,601 9,785 178 Home equity and lines of credit 313 428 — 313 428 2 Residential construction — — — — — — Other construction and land 1,303 1,406 51 1,682 1,822 175 Commercial 293 293 16 306 306 28 $ 11,840 $ 14,202 $ 338 $ 13,671 $ 16,208 $ 584 The following table presents average impaired loans and interest income recognized on those impaired loans, by class segment, for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Average Interest Average Interest Average Interest Average Interest (Dollars in thousands) (Dollars in thousands) Loans without a valuation allowance One-to four-family residential $ 3,122 $ 18 $ 2,391 $ 23 $ 3,156 $ 87 $ 2,415 $ 70 Commercial real estate 6,170 32 8,978 29 6,199 95 9,036 86 Home equity and lines of credit 328 13 328 2 328 37 328 7 Other construction and land 682 5 917 7 687 15 926 20 $ 10,302 $ 68 $ 12,614 $ 61 $ 10,370 $ 234 $ 12,705 $ 183 Loans with a valuation allowance One-to four-family residential $ 1,115 $ 13 $ 1,500 $ 17 $ 1,129 $ 38 $ 1,518 $ 51 Commercial real estate 1,673 21 1,752 20 1,690 64 1,769 60 Home equity and lines of credit 100 2 100 1 100 4 100 3 Other construction and land 724 9 1,017 9 753 28 1,032 26 Commercial 294 5 307 4 301 16 313 14 $ 3,906 $ 50 $ 4,676 $ 51 $ 3,973 $ 150 $ 4,732 $ 154 Total One-to four-family residential $ 4,237 $ 31 $ 3,891 $ 40 $ 4,285 $ 125 $ 3,933 $ 121 Commercial real estate 7,843 53 10,730 49 7,889 159 10,805 146 Home equity and lines of credit 428 15 428 3 428 41 428 10 Other construction and land 1,406 14 1,934 16 1,440 43 1,958 46 Commercial 294 5 307 4 301 16 313 14 $ 14,208 $ 118 $ 17,290 $ 112 $ 14,343 $ 384 $ 17,437 $ 337
Financing Receivables on Nonaccrual Status	The following table summarizes the balances of nonperforming loans as of September 30, 2017 and December 31, 2016. Certain loans classified as Troubled Debt Restructurings (“TDRs”) and impaired loans may be on non-accrual status even though they are not contractually delinquent. September 30, December 31, (Dollars in thousands) One-to four-family residential $ 2,064 $ 1,125 Commercial real estate 2,761 3,536 Home equity loans and lines of credit 79 250 Residential construction — — Other construction and land 503 1,042 Commercial 150 41 Consumer 47 47 Non-performing loans $ 5,604 $ 6,041
Summary of TDR Loans	The following tables summarize TDR loans as of the dates indicated: September 30, 2017 Performing Nonperforming Total TDR’s TDR’s TDR’s (Dollars in thousands) One-to-four family residential $ 3,107 $ 579 $ 3,686 Commercial real estate 4,519 1,480 5,999 Home equity and lines of credit 313 — 313 Other construction and land 1,107 378 1,485 Commercial 293 — 293 $ 9,339 $ 2,437 $ 11,776 December 31, 2016 Performing Nonperforming Total TDR’s TDR’s TDR’s (Dollars in thousands) One-to-four family residential $ 3,560 $ 210 $ 3,770 Commercial real estate 4,327 2,366 6,693 Home equity and lines of credit 313 — 313 Other construction and land 1,377 206 1,583 Commercial 305 — 305 $ 9,882 $ 2,782 $ 12,664

GOODWILL AND OTHER INTANGIBLE29

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	9 Months Ended
	Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of changes in the carrying amounts of goodwill	The following is a summary of changes in the carrying amounts of goodwill: As of and for the As of and for the September 30, December 31, 2017 2016 Dollars in thousands Balance at beginning of period $ 2,065 $ 711 Additions: Prior acquisitions measurement period adjustments 63 — Goodwill from current year acquisitions 5,016 1,354 Balance at end of period $ 7,144 $ 2,065
Schedule of gross carrying amounts and accumulated amortization of core deposit intangibles	The Company’s other intangible assets consist of core deposit intangibles related to acquired core deposits. The following is a summary of gross carrying amounts and accumulated amortization of core deposit intangibles: As of and for the As of and for the September 30, December 31, 2017 2016 Dollars in thousands Gross balance at beginning of period $ 1,120 $ 590 Additions from acquisitions 1,650 530 Gross balance at end of period 2,770 1,120 Less accumulated amortization (399 ) (141 ) Core deposit intangible, net $ 2,371 $ 979

DEPOSITS (Tables)

DEPOSITS (Tables)	9 Months Ended
	Sep. 30, 2017
Deposits Tables
Summary of Deposit Balances and Interest Expenses	The following table summarizes deposit balances and interest expense by type of deposit as of and for the nine months ended September 30, 2017 and 2016 and the year ended December 31, 2016. As of and for the As of and for the Year Ended Nine Months Ended September 30, December 31, 2017 2016 2016 (Dollars in thousands) Balance Interest Balance Interest Balance Interest Noninterest-bearing demand $ 160,718 $ — $ 142,174 $ — $ 139,136 $ — Interest-bearing demand 179,398 149 115,874 127 122,271 160 Money Market 261,901 703 240,990 548 239,387 770 Savings 50,827 39 38,476 38 40,014 49 Time Deposits 351,995 2,336 299,764 2,268 289,205 2,985 $ 1,004,839 $ 3,227 $ 837,278 $ 2,981 $ 830,013 $ 3,964

BORROWINGS (Tables)

BORROWINGS (Tables)	9 Months Ended
	Sep. 30, 2017
Borrowings Tables
Scheduled maturities of FHLB advances and respective weighted average rates	The scheduled maturities and respective weighted average rates of outstanding FHLB advances are as follows for the dates indicated: September 30, 2017 December 31, 2016 Year of Maturity Balance Weighted Balance Weighted (Dollars in thousands) 2017 $ 135,500 1.14 % $ 273,500 0.64 % 2018 95,000 1.30 % 25,000 1.17 % 2019 3,000 1.56 % — — $ 233,500 1.21 % $ 298,500 0.68 %

DERIVATIVE FINANCIAL INSTRUME32

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables)	9 Months Ended
	Sep. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of fair value of the Company's derivative financial instruments	The table below presents the fair value of the Company’s derivative financial instruments as of the dates indicated as well as their classification on the consolidated balance sheet (in thousands). Fair Value Balance Sheet Location September 30, December 31, Designated as hedges: Cash flow hedge of borrowings - interest rate swap Other assets $ 441 $ 476 Total $ 441 $ 476 Not designated as hedges: Mortgage banking - loan commitment Other assets $ 50 $ 41 Mortgage banking - forward sales commitment Other assets 22 19 Total $ 72 $ 60 Mortgage banking - loan commitment Other liabilities $ — $ — Mortgage banking - forward sales commitment Other liabilities 3 $ — Total $ 3 $ —
Schedule of Structure of the Swap Agreements	The structure of the swap agreements is described in the table below (dollars in thousands): Underlyings Designation Notional Payment Provision Life of Swap Contract Junior Subordinated Debt Cash Flow Hedge $ 14,000 Pay 0.958%/Receive 3 month LIBOR 4 yrs FHLB Variable Rate Advance Cash Flow Hedge $ 15,000 Pay 1.054%/Receive 3 month LIBOR 2 yrs FHLB Variable Rate Advance Cash Flow Hedge $ 20,500 Pay 1.354%/Receive 3 month LIBOR 2 yrs
Schedule of Cash Flow Hedges Included in Statement of Income	The table below presents the effect of the Company’s cash flow hedge on the Consolidated Statement of Income (in thousands). Amount of Gain (Loss) Recognized in AOCI on Gain (Loss) Reclassified from AOCI into Income (Effective Portion) For the three months For the nine months September 30, 2017 December 31, 2016 Location 2017 2016 2017 2016 Interest rate swap $ 278 $ 476 Interest Expense $ (12 ) $ 12 $ 8 $ 12

INCOME TAXES (Tables)

INCOME TAXES (Tables)	9 Months Ended
	Sep. 30, 2017
Income Taxes Tables
Schedule of Deferred Tax Assets and Liabilities	The components of net deferred taxes as of September 30, 2017 and December 31, 2016 are summarized as follows: September 30, December 31, 2017 2016 (Dollars in thousands) Deferred tax assets: Federal net operating loss $ 6,430 $ 8,560 Allowance for loan losses 3,556 3,245 Deferred compensation and post employment benefits 3,286 3,365 State net operating loss 370 557 Valuation reserve for other real estate 486 693 Non-accrual interest 320 375 Loan basis differences 123 238 Unrealized losses on securities 702 3,079 Fixed Assets 30 — Deposit premium 61 155 Other 2,011 1,380 Gross deferred tax assets 17,375 21,647 Deferred tax liabilities: Fixed assets — 263 Loan servicing rights 995 962 Deferred loan costs 1,163 1,002 Prepaid expenses 53 57 Core deposit intangible 124 158 Other 562 220 Total deferred tax liabilities 2,897 2,662 Net deferred tax asset $ 14,478 $ 18,985
Schedule of Unused net operating losses and expiration dates	The following table summarizes the amount and expiration dates of the Company’s unused net operating losses: (Dollars in thousands) Amount Expiration Dates Federal $ 18,372 2031-2034 North Carolina $ 20,174 2026-2027

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2017
Earnings Per Share Tables
Schedule of reconciliation of average shares outstanding	The following is a reconciliation of the numerator and denominator of basic and diluted net income per share of common stock: Three Months Ended Nine Months Ended (Dollars in thousands, except per share amounts) 2017 2016 2017 2016 Numerator: Net income $ 2,471 $ 1,800 $ 5,873 $ 4,024 Denominator: Weighted-average common shares outstanding - basic 6,458,679 6,466,375 6,460,015 6,483,535 Effect of dilutive securities: Stock options 42,973 — 39,165 — Restricted stock units 46,878 17,851 43,081 16,663 Weighted-average common shares outstanding - diluted 6,548,530 6,484,226 6,542,261 6,500,198 Earnings per share - basic $ 0.38 $ 0.28 $ 0.91 $ 0.62 Earnings per share - diluted $ 0.38 $ 0.28 $ 0.90 $ 0.62

ACCUMULATED OTHER COMPREHENSI35

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	9 Months Ended
	Sep. 30, 2017
Accumulated Other Comprehensive Income Loss Tables
Schedule of Accumulated other comprehensive income (loss)	The following table summarizes the components of accumulated other comprehensive income and changes in those components as of and for the three and nine months ended September 30, 2017 and 2016. Three Months Ended September 30, 2017 Available Held to Deferred Tax Cash Flow Total (Dollars in thousands) Balance, beginning of period $ (2,108 ) $ — $ (93 ) $ 270 $ (1,931 ) Change in deferred tax valuation allowance attributable to net unrealized losses on investment securities available for sale — — 54 — 54 Change in net unrealized holding losses on securities available for sale 973 — — — 973 Reclassification adjustment for net securities gains realized in net income 24 — — — 24 Change in unrealized holding gains on cash flow hedge — — — 25 25 Reclassification adjustment for cash flow hedge effectiveness — — — (12 ) (12 ) Income tax effect (367 ) — — (5 ) (372 ) Balance, end of period $ (1,478 ) $ — $ (39 ) $ 278 $ (1,239 ) Three Months Ended September 30, 2016 (Dollars in thousands) Balance, beginning of period $ 3,030 $ (211 ) $ (284 ) $ (28 ) $ 2,507 Change in deferred tax valuation allowance attributable to net unrealized losses on investment securities available for sale — — 33 — 33 Change in net unrealized holding losses on securities available for sale (1,390 ) — — — (1,390 ) Reclassification adjustment for net securities gains realized in net income (407 ) — — — (407 ) Amortization of unrealized gains and losses on securities transferred to held to maturity — 324 — — 324 Change in unrealized holding gains on cash flow hedge — — — 83 83 Reclassification adjustment for cash flow hedge effectiveness — — — 12 12 Income tax effect 696 (113 ) — (35 ) 548 Balance, end of period $ 1,929 $ — $ (251 ) $ 32 $ 1,710 Nine Months Ended September 30, 2017 Available Held to Deferred Tax Cash Flow Total (Dollars in thousands) Balance, beginning of period $ (5,554 ) $ — $ (202 ) $ 300 $ (5,456 ) Change in deferred tax valuation allowance attributable to net unrealized losses on investment securities available for sale — — 163 — 163 Change in net unrealized holding losses on securities available for sale 6,404 — — — 6,404 Reclassification adjustment for net securities gains realized in net income (19 ) — — — (19 ) Reclassification adjustment for other than temporary impairment of securities available for sale 79 — — — 79 Change in unrealized holding gains on cash flow hedge — — — (43 ) (43 ) Reclassification adjustment for cash flow effectiveness — — — 8 8 Income tax effect (2,388 ) — — 13 (2,375 ) Balance, end of period $ (1,478 ) $ — $ (39 ) $ 278 $ (1,239 ) Nine Months Ended September 30, 2016 (Dollars in thousands) Balance, beginning of period $ (594 ) $ (563 ) $ (579 ) $ — $ (1,736 ) Change in deferred tax valuation allowance attributable to net unrealized losses on investment securities available for sale — — 328 — 328 Change in net unrealized holding losses on securities available for sale 5,115 — — — 5,115 Reclassification adjustment for net securities gains realized in net income (1,105 ) — — — (1,105 ) Amortization of unrealized gains and losses on securities transferred to held to maturity — 894 — — 894 Change in unrealized holding gains on cash flow hedge — — — 38 38 Reclassification adjustment for cash flow effectiveness — — — 12 12 Income tax effect (1,487 ) (331 ) — (18 ) (1,836 ) Balance, end of period $ 1,929 $ — $ (251 ) $ 32 $ 1,710
Schedule of Consolidated Statements of Operations affected by amounts reclassified from accumulated other comprehensive income (loss)	The following table shows the line items in the Consolidated Statements of Income affected by amounts reclassified from accumulated other comprehensive income: Three Months Ended September 30, Nine Months Ended September 30, (Dollars in thousands) 2017 2016 2017 2016 Income Statement Line Item Affected Available-for-sale securities Gains recognized $ (24 ) $ 407 $ 19 $ 1,105 Gain on sale of investments, net of loss Other than temporary impairment — — (79 ) — Other than temporary impairment of AFS securities Income tax effect 9 (150 ) 22 (408 ) Income tax expense Reclassified out of AOCI, net of tax (15 ) 257 (38 ) 697 Net income Held-to-maturity securities Amortization of unrealized losses — (13 ) — (917 ) Interest income - taxable securities Income tax effect — 5 — 339 Income tax expense Reclassified out of AOCI, net of tax — (8 ) — (578 ) Net income Cash flow hedge Interest expense - effective portion — — (28 ) — Interest expense - FHLB advances Interest expense - effective portion 12 (12 ) 20 (12 ) Interest expense - Junior subordinated notes Income tax effect (4 ) 4 3 4 Income tax expense Reclassified out of AOCI, net of tax 8 (8 ) (5 ) (8 ) Net income Deferred tax valuation allowance Recognition of reversal of valuation allowance (54 ) 33 (163 ) 328 Income tax expense Total reclassified out of AOCI, net of tax $ (61 ) $ 274 $ (206 ) $ 439 Net income

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2017
Commitments And Contingencies Tables
Schedule of commitments to fund lines of credit	The following summarizes the Company’s approximate commitments to extend credit: September 30, 2017 (Dollars in thousands) Lines of credit $ 114,872 Standby letters of credit 840 $ 115,712
Schedule of Outstanding commitments to originate mortgage loans	As of September 30, 2017, the Company had outstanding commitments to originate loans as follows: September 30, 2017 Amount Range of Rates (Dollar in thousands) Fixed $ 24,586 3.125% to 6.50% Variable 13,560 3.75% to 7.00% $ 38,146

FAIR VALUE DISCLOSURES (Tables)

FAIR VALUE DISCLOSURES (Tables)	9 Months Ended
	Sep. 30, 2017
Fair Value Disclosures Tables
Summary of assets and liabilities measured at fair value on a recurring basis	Below is a table that presents information about certain assets and liabilities measured at fair value on a recurring basis: September 30, 2017 Level 1 Level 2 Level 3 Total (Dollars in thousands) Trading account assets $ 5,840 $ — $ — $ 5,840 Securities available for sale: U.S. Treasury & Government Agencies 2,510 1,003 — 3,513 Municipal Securities — 143,728 — 143,728 Mortgage-backed Securities - Guaranteed — 162,115 — 162,115 Mortgage-backed Securities - Non Guaranteed — 64,818 — 64,818 Collateralized Loan Obligations — 5,565 — 5,565 Corporate bonds — 19,817 1,052 20,869 Mutual funds 618 — — 618 Total securities available for sale 3,128 397,046 1,052 401,226 Loan servicing rights — — 2,713 2,713 Derivative assets — 441 — 441 Forward sales commitments — — 22 22 Interest rate lock commitments — — 50 50 Total assets $ 8,968 $ 397,487 $ 3,837 $ 410,292 Forward sales commitments $ — $ — $ 3 $ 3 Interest rate lock commitments — — — — Total liabilities $ — $ — $ 3 $ 3 December 31, 2016 Level 1 Level 2 Level 3 Total (Dollars in thousands) Trading account assets $ 5,211 $ — $ — $ 5,211 Securities available for sale: U.S. Treasury & Government Agencies 2,514 12,107 — 14,621 Municipal Securities — 146,771 — 146,771 Mortgage-backed Securities - Guaranteed — 160,181 — 160,181 Mortgage-backed Securities - Non Guaranteed — 57,756 — 57,756 Corporate bonds — 16,214 2,144 18,358 Mutual funds 604 — — 604 Total securities available for sale 3,118 393,029 2,144 398,291 Loan servicing rights — — 2,603 2,603 Derivative assets — 476 — 476 Forward sales commitments — — 19 19 Interest rate lock commitments — — 41 41 Total assets $ 8,329 $ 393,505 $ 4,807 $ 406,641 There were no liabilities measured at fair value on a recurring basis as of December 31, 2016.
Schedule of changes in assets measured at fair value on a recurring basis	The following table presents the changes in assets and liabilities measured at fair value on a recurring basis for which we have utilized Level 3 inputs to determine fair value: Three Months Ended September 30, Nine Months Ended September 30, 2017 2016 2017 2016 (Dollars in thousands) (Dollars in thousands) Balance at beginning of period $ 3,836 $ 2,510 $ 4,807 $ 2,390 Corporate bonds Fair value adjustment — — (4 ) — Transfer to Level 2 — — (1,086 ) — Transfer from Level 2 — 2,758 — 2,758 Loan servicing right activity, included in servicing income, net Capitalization from loans sold 154 185 446 444 Fair value adjustment (158 ) (150 ) (335 ) (362 ) Mortgage derivative gains(losses) included in other income 5 (38 ) 9 35 Balance at end of period $ 3,837 $ 5,265 $ 3,837 $ 5,265
Summary of assets and liabilities measured at a fair value on a nonrecurring basis	Assets and Liabilities Recorded at Fair Value on a Nonrecurring Basis The table below presents information about certain assets and liabilities measured at fair value on a nonrecurring basis. There were no loans held for sale carried at fair value at either September 30, 2017 or December 31, 2016. September 30, 2017 Level 1 Level 2 Level 3 Total (Dollars in thousands) Collateral dependent impaired loans: One-to four family residential $ — $ — $ 2,553 $ 2,553 Commercial real estate — — 4,111 4,111 Home equity loans and lines of credit — — 213 213 Other construction and land — — 579 579 Commercial — — — — Real estate owned: One-to-four family residential — — 25 25 Commercial real estate — — 644 644 Other construction and land — — 1,768 1,768 SBIC — — 3,090 3,090 Total assets $ — $ — $ 12,983 $ 12,983 December 31, 2016 Level 1 Level 2 Level 3 Total (Dollars in thousands) Collateral dependent impaired loans: One-to-four family residential $ — $ — $ 2,205 $ 2,205 Commercial real estate — — 6,329 6,329 Home equity loans and lines of credit — — 213 213 Other construction and land — — 809 809 Real estate owned: One-to-four family residential — — 1,336 1,336 Commercial real estate — — 722 722 Other construction and land — — 2,168 2,168 SBIC — — 1,655 1,655 Total assets $ — $ — $ 15,437 $ 15,437
Schedule of significant unobservable inputs used in the fair value measurements	The following table provides information describing the unobservable inputs used in Level 3 fair value measurements at September 30, 2017. Valuation Technique Unobservable Input General Range Impaired loans Discounted Appraisals Collateral discounts and estimated selling cost 0% - 30% Real estate owned Discounted Appraisals Collateral discounts and estimated selling cost 0% - 30% Corporate bonds Discounted Cash Flows Recent trade pricing 0% - 8% Loan servicing rights Discounted Cash Flows Prepayment speed 5% - 35% Discount rate 12% - 14% SBIC Indicative value provided by fund Current operations and financial condition 0% - 13%
Schedule of carrying amount and estimated fair value of the Company's financial instruments	The approximate carrying and estimated fair value of financial instruments are summarized below: Carrying Fair Value Measurements at September 30, 2017 (Dollars in thousands) Amount Total Level 1 Level 2 Level 3 Assets: Cash and equivalents $ 94,498 $ 94,498 $ 94,498 $ — $ — Trading securities 5,840 5,840 5,840 — — Securities available for sale 401,226 401,226 3,128 397,046 1,052 Loans held for sale 3,818 4,132 — 4,132 — Loans receivable, net 817,034 809,564 — — 809,564 Other investments, at cost 12,633 12,633 — 12,633 — Interest receivable 5,436 5,436 — 5,436 — Bank owned life insurance 31,950 31,950 — 31,950 — Loan servicing rights 2,713 2,713 — — 2,713 Forward sales commitments 22 22 — — 22 Interest rate lock commitments 50 50 — — 50 Derivative asset 441 441 — 441 — SBIC investments 3,090 3,090 — — 3,090 Liabilities: Demand deposits $ 652,844 $ 652,844 $ — $ 652,844 $ — Time deposits 351,995 348,444 — — 348,444 Federal Home Loan Bank advances 233,500 233,610 — 233,610 — Junior subordinated debentures 14,433 14,433 — 14,433 — Other borrowings 8,588 8,604 — 8,604 — Accrued interest payable 910 910 — 910 — Forward sales commitments 3 3 — — 3 Carrying Fair Value Measurements at December 31, 2016 (Dollars in thousands) Amount Total Level 1 Level 2 Level 3 Assets: Cash and equivalents $ 43,294 $ 43,294 $ 43,294 $ — $ — Trading securities 5,211 5,211 5,211 — — Securities available for sale 398,291 398,291 3,118 393,029 2,144 Loans held for sale 4,584 5,093 — 5,093 — Loans receivable, net 744,361 741,612 — — 741,612 Other investments, at cost 15,261 15,261 — 15,261 — Interest receivable 5,012 5,012 — 5,012 — Bank owned life insurance 31,347 31,347 — 31,347 — Loan servicing rights 2,603 2,603 — — 2,603 Forward sales commitments 19 19 — — 19 Interest rate lock commitments 41 41 — — 41 Derivative asset 476 476 — 476 — SBIC investments 1,655 1,655 — — 1,655 Liabilities: Demand deposits $ 540,808 540,808 $ — $ 540,808 $ — Time deposits 289,205 286,611 — — 286,611 Federal Home Loan Bank advances 298,500 298,667 — 298,667 — Junior subordinated debentures 14,433 14,433 — 14,433 — Other borrowings 2,725 2,907 — 2,907 — Accrued interest payable 254 254 — 254 —

SHARE REPURCHASES (Tables)

SHARE REPURCHASES (Tables)	9 Months Ended
	Sep. 30, 2017
Banking and Thrift [Abstract]
Schedule of Share Repurchase Activity	The following table summarizes repurchase activity for the nine months ended September 30, 2017. Period Total Number of Average Price Paid Total Number of Shares Maximum Number of January 1, 2017 to January 31, 2017 — $ — — 222,750 February 1, 2017 to February 28, 2017 — $ — — 222,750 March 1, 2017 to March 31, 2017 13,000 $ 23.12 13,000 209,750 April 1, 2017 to June 30, 2017 — $ — — 209,750 July 1, 2017 to September 30, 2017 — $ — — 209,750 Total year-to-date 2017 13,000 $ 23.12 13,000 209,750

ORGANIZATION AND BASIS OF PRE39

ORGANIZATION AND BASIS OF PRESENTATION (Details Narrative)	Sep. 30, 2017
Organization And Basis Of Presentation Details Narrative
Ownership percentage in Macon Capital Trust I	100.00%

ACQUISITIONS (Details)

ACQUISITIONS (Details) - USD ($) $ in Thousands	Oct. 02, 2017	Sep. 30, 2017	Sep. 30, 2016	Feb. 24, 2017	Dec. 31, 2016	Dec. 31, 2015
Deposits:
Goodwill		$ 7,144			$ 2,065	$ 711
Aggregate Merger Consideration			$ 5,912
As Recorded by Stearns [Member]
Assets
Cash and cash equivalents				$ 1,258
Loans				7
Premises and equipment				950
Core deposit intangible
Total assets acquired				2,215
Deposits:
Noninterest-bearing demand				16,032
Interest-bearing demand				40,525
Money market				15,368
Savings				7,717
Time deposits				73,480
Total deposits				153,122
Other liabilities				321
Total liabilities assumed				153,443
Excess of assets acquired over liabilities assumed				151,228
Fair Value Adjustments [Member]
Assets
Cash and cash equivalents
Loans
Premises and equipment				132
Core deposit intangible				1,650
Total assets acquired				1,782
Deposits:
Noninterest-bearing demand
Interest-bearing demand
Money market
Savings
Time deposits				1,062
Total deposits				1,062
Other liabilities
Total liabilities assumed				1,062
Excess of assets acquired over liabilities assumed				720
As recorded by the Company [Member]
Assets
Cash and cash equivalents				1,258
Loans				7
Premises and equipment				1,082
Core deposit intangible				1,650
Total assets acquired				3,997
Deposits:
Noninterest-bearing demand				16,032
Interest-bearing demand				40,525
Money market				15,368
Savings				7,717
Time deposits				74,542
Total deposits				154,184
Other liabilities				321
Total liabilities assumed				154,505
Excess of assets acquired over liabilities assumed				150,508
Cash received to settle the acquisition				145,492
Goodwill				$ 5,016
Chattahoochee Bank of Georgia [Member] | Subsequent Event [Member]
Assets
Loans	$ 159,000
Core deposit intangible	166,100
Deposits:
Excess of assets acquired over liabilities assumed	176,200
Goodwill	11,900
Aggregate Merger Consideration	35,300
Cash paid for merger	$ 3,300
Equity consideration (in shares)	395,666

INVESTMENT SECURITIES (Details)

INVESTMENT SECURITIES (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Trading Securities Cash	$ 5,840	$ 5,211
Amortized Cost	403,572	407,101
Gross Unrealized Gains	1,573	690
Gross Unrealized Losses	(3,919)	(9,500)
Estimated fair value	401,226	398,291
U.S. Treasury & Government Agencies [Member]
Amortized Cost	3,500	14,577
Gross Unrealized Gains	15	46
Gross Unrealized Losses	(2)	(2)
Estimated fair value	3,513	14,621
Municipal Securities [Member]
Amortized Cost	145,382	152,208
Gross Unrealized Gains	606	337
Gross Unrealized Losses	(2,260)	(5,774)
Estimated fair value	143,728	146,771
Mortgage-backed Securities - Guaranteed [Member]
Amortized Cost	163,193	162,379
Gross Unrealized Gains	261	134
Gross Unrealized Losses	(1,339)	(2,332)
Estimated fair value	162,115	160,181
Mortgage-backed Securities - Non Guaranteed [Member]
Amortized Cost	64,802	58,967
Gross Unrealized Gains	279	2
Gross Unrealized Losses	(263)	(1,213)
Estimated fair value	64,818	57,756
Collateralized Loan Obligations [Member]
Amortized Cost	5,564
Gross Unrealized Gains	1
Gross Unrealized Losses
Estimated fair value	5,565
Corporate bonds [Member]
Amortized Cost	20,505	18,354
Gross Unrealized Gains	411	171
Gross Unrealized Losses	(47)	(167)
Estimated fair value	20,869	18,358
Mutual Funds [Member]
Amortized Cost	626	616
Gross Unrealized Gains
Gross Unrealized Losses	(8)	(12)
Estimated fair value	$ 618	$ 604

INVESTMENT SECURITIES (Details

INVESTMENT SECURITIES (Details 2) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Available for sale, Less Than 12 Months Fair Value	$ 146,392	$ 300,919
Available for sale, Less Than 12 Months Unrealized Losses	1,221	9,188
Available for sale, Over 12 Months Fair Value	112,041	17,925
Available for sale, Over 12 Months Unrealized Losses	2,698	312
Available for sale, Fair Value	258,433	318,844
Available for sale, Unrealized Losses	3,919	9,500
U.S. Treasury & Government Agencies [Member]
Available for sale, Less Than 12 Months Fair Value	998	1,000
Available for sale, Less Than 12 Months Unrealized Losses	2	2
Available for sale, Over 12 Months Fair Value
Available for sale, Over 12 Months Unrealized Losses
Available for sale, Fair Value	998	1,000
Available for sale, Unrealized Losses	2	2
Municipal Securities [Member]
Available for sale, Less Than 12 Months Fair Value	42,896	122,468
Available for sale, Less Than 12 Months Unrealized Losses	516	5,759
Available for sale, Over 12 Months Fair Value	53,018	331
Available for sale, Over 12 Months Unrealized Losses	1,744	15
Available for sale, Fair Value	95,914	122,799
Available for sale, Unrealized Losses	2,260	5,774
Mortgage-backed Securities - Guaranteed [Member]
Available for sale, Less Than 12 Months Fair Value	68,196	115,539
Available for sale, Less Than 12 Months Unrealized Losses	456	2,035
Available for sale, Over 12 Months Fair Value	50,449	17,594
Available for sale, Over 12 Months Unrealized Losses	883	297
Available for sale, Fair Value	118,645	133,133
Available for sale, Unrealized Losses	1,339	2,332
Mortgage-backed Securities - Non Guaranteed [Member]
Available for sale, Less Than 12 Months Fair Value	31,027	54,555
Available for sale, Less Than 12 Months Unrealized Losses	192	1,213
Available for sale, Over 12 Months Fair Value	8,574
Available for sale, Over 12 Months Unrealized Losses	71
Available for sale, Fair Value	39,601	54,555
Available for sale, Unrealized Losses	263	1,213
Corporate bonds [Member]
Available for sale, Less Than 12 Months Fair Value	2,657	6,741
Available for sale, Less Than 12 Months Unrealized Losses	47	167
Available for sale, Over 12 Months Fair Value
Available for sale, Over 12 Months Unrealized Losses
Available for sale, Fair Value	2,657	6,741
Available for sale, Unrealized Losses	47	167
Mutual Funds [Member]
Available for sale, Less Than 12 Months Fair Value	618	616
Available for sale, Less Than 12 Months Unrealized Losses	8	12
Available for sale, Over 12 Months Fair Value
Available for sale, Over 12 Months Unrealized Losses
Available for sale, Fair Value	618	616
Available for sale, Unrealized Losses	$ 8	$ 12

INVESTMENT SECURITIES (Detail43

INVESTMENT SECURITIES (Details 3) - Securities	Sep. 30, 2017	Dec. 31, 2016
Number of securities less than 12 months	106	240
Number of securities more than 12 months	80	15
Number of securities	186	255
U.S. Treasury & Government Agencies [Member]
Number of securities less than 12 months	1	1
Number of securities more than 12 months
Number of securities	1	1
Municipal Securities [Member]
Number of securities less than 12 months	41	129
Number of securities more than 12 months	38	1
Number of securities	79	130
Mortgage-backed Securities - Guaranteed [Member]
Number of securities less than 12 months	43	77
Number of securities more than 12 months	36	13
Number of securities	79	90
Mortgage-backed Securities - Non Guaranteed [Member]
Number of securities less than 12 months	17	24
Number of securities more than 12 months	6	1
Number of securities	23	25
Corporate bonds [Member]
Number of securities less than 12 months	3	8
Number of securities more than 12 months
Number of securities	3	8
Mutual Funds [Member]
Number of securities less than 12 months	1	1
Number of securities more than 12 months
Number of securities	1	1

INVESTMENT SECURITIES (Detail44

INVESTMENT SECURITIES (Details 4) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Investment Securities Details 4
Gross proceeds	$ 55,474	$ 39,619	$ 92,316	$ 115,328
Gross realized gains	229	407	352	1,139
Gross realized losses	253		333	$ 34
Securities pledged against deposits	$ 161,400		$ 161,400		$ 237,100

INVESTMENT SECURITIES (Detail45

INVESTMENT SECURITIES (Details 5) $ in Thousands	Sep. 30, 2017USD ($)
Investment Securities Details 4
Available for sale, Less than 1 year, Amortized Cost	$ 1,626
Available for sale, Over 1 year through 5 years, Amortized Cost	5,579
Available for sale, After 5 years through 10 years, Amortized Cost	23,349
Available for sale, Over 10 years, Amortized Cost	145,023
Available for sale, Before Amortized Cost Available for sale, Mortgage-backed securities, Amortized Cost	175,577
Available for sale, Mortgage-backed securities, Amortized Cost	227,995
Available for sale, Total, Amortized Cost	403,572
Available for Sale, Less than 1 year, Fair Value	1,616
Available for Sale, Over 1 year through 5 years, Fair Value	5,640
Available for Sale, After 5 years through 10 years, Fair Value	23,664
Available for Sale, Over 10 years, Fair Value	143,374
Available for sale, Before Amortized Cost Available for sale, Mortgage-backed securities, Fair Value	174,294
Available for Sale, Mortgage-backed securities, Fair Value	226,932
Available for Sale, Total, Fair Value	$ 401,226

LOANS RECEIVABLE (Details)

LOANS RECEIVABLE (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	$ 819,461		$ 746,686
Less: Net deferred loan fees	(1,545)		(923)
Fair value discount	(487)	$ (704)	(857)	$ (871)	$ (840)	$ (72)
Unamortized premium	495		605
Unamortized discount	(890)		(1,150)
Loans receivable, net	817,034		744,361
One To Four Family Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	291,042		278,437
Loans receivable, net	290,290		276,938
Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	328,931		292,879
Loans receivable, net	327,600		292,103
Home Equity Line of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	47,687		50,334
Loans receivable, net	47,793		50,400
Residential Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	20,391		18,531
Loans receivable, net	20,337		18,439
Other Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	82,035		60,605
Loans receivable, net	81,790		60,126
Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	770,086		700,786
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	44,097		41,306
Loans receivable, net	43,873		41,703
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	5,278		4,594
Loans receivable, net	5,351		4,652
Commercial and Consumer Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	$ 49,375		$ 45,900

LOANS RECEIVABLE (Detail Narrat

LOANS RECEIVABLE (Detail Narrative) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Restructuring of loan	$ 11,776	$ 12,664
Federal Reserve Bank Advances [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans pledged as collateral to secure funding amount	100,700	89,100
Federal Home Loan Bank of Atlanta [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans pledged as collateral to secure funding amount	$ 215,000	$ 144,300

LOANS RECEIVABLE (Details 2)

LOANS RECEIVABLE (Details 2) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Discount on purchased loans, beginning of period			$ 923
Discount on purchased loans, end of period	$ 1,545		1,545
Fair value discount, beginning of year	704	$ 840	857	$ 72
Additional discount for acquisitions		132		1,092
Accretion	(217)	(101)	(370)	(293)
Fair value discount, end of year	487	871	487	871
Federal Deposit Insurance Corporation [Member]
Discount on purchased loans, beginning of period	956	1,233	1,150	1,366
Accretion	(66)	(5)	(260)	(138)
Discount on purchased loans, end of period	$ 890	$ 1,228	$ 890	$ 1,228

ALLOWANCE FOR LOAN LOSSES (Deta

ALLOWANCE FOR LOAN LOSSES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	$ 9,934	$ 8,940	$ 9,305	$ 9,461
Provision	520	100	1,160	100
Charge-offs	(503)	(289)	(841)	(1,421)
Recoveries	106	353	433	964
Balance, end of period	10,057	9,104	10,057	9,104
One To Four Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	3,386	2,679	2,812	2,455
Provision	320	(376)	875	(83)
Charge-offs		(19)	(50)	(117)
Recoveries	2	27	71	56
Balance, end of period	3,708	2,311	3,708	2,311
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	4,096	3,379	3,979	3,221
Provision	(80)	494	82	1,081
Charge-offs	(105)		(193)	(431)
Recoveries	32	170	75	172
Balance, end of period	3,943	4,043	3,943	4,043
Home Equity Line of Credit [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	572	887	677	1,097
Provision	236	(137)	127	(351)
Charge-offs	(266)	(28)	(267)	(158)
Recoveries		44	5	178
Balance, end of period	542	766	542	766
Residential Construction [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	248	175	185	278
Provision	(28)	(60)	35	(195)
Charge-offs
Recoveries				32
Balance, end of period	220	115	220	115
Other Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	907	1,064	848	1,400
Provision	113	(95)	280	(78)
Charge-offs	(114)	(44)	(289)	(481)
Recoveries	9	28	76	112
Balance, end of period	915	953	915	953
Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	585	530	599	603
Provision	(5)	79	(34)	(106)
Charge-offs		(52)		(62)
Recoveries	7	13	22	135
Balance, end of period	587	570	587	570
Consumer Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance	140	226	205	407
Provision	(36)	195	(205)	(168)
Charge-offs	(18)	(146)	(42)	(172)
Recoveries	56	71	184	279
Balance, end of period	$ 142	$ 346	$ 142	$ 346

ALLOWANCE FOR LOAN LOSSES (De50

ALLOWANCE FOR LOAN LOSSES (Details 2) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015
Allowance for loan losses
Individually evaluated for impairment	$ 338		$ 584
Collectively evaluated for impairment	9,719		8,721
Balance, end of period	10,057	$ 9,934	9,305	$ 9,104	$ 8,940	$ 9,461
Loans Receivable
Individually evaluated for impairment	11,840		13,671
Collectively evaluated for impairment	805,194		730,690
Total Loans Receivable	817,034		744,361
One To Four Family Residential [Member]
Allowance for loan losses
Individually evaluated for impairment	206		201
Collectively evaluated for impairment	3,502		2,611
Balance, end of period	3,708	3,386	2,812	2,311	2,679	2,455
Loans Receivable
Individually evaluated for impairment	4,118		3,769
Collectively evaluated for impairment	286,172		273,169
Total Loans Receivable	290,290		276,938
Commercial Real Estate Portfolio Segment [Member]
Allowance for loan losses
Individually evaluated for impairment	65		178
Collectively evaluated for impairment	3,878		3,801
Balance, end of period	3,943	4,096	3,979	4,043	3,379	3,221
Loans Receivable
Individually evaluated for impairment	5,813		7,601
Collectively evaluated for impairment	321,787		284,502
Total Loans Receivable	327,600		292,103
Home Equity Line of Credit [Member]
Allowance for loan losses
Individually evaluated for impairment			2
Collectively evaluated for impairment	542		675
Balance, end of period	542	572	677	766	887	1,097
Loans Receivable
Individually evaluated for impairment	313		313
Collectively evaluated for impairment	47,480		50,087
Total Loans Receivable	47,793		50,400
Residential Construction [Member]
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	220		185
Balance, end of period	220	248	185	115	175	278
Loans Receivable
Individually evaluated for impairment
Collectively evaluated for impairment	20,337		18,439
Total Loans Receivable	20,337		18,439
Other Portfolio Segment [Member]
Allowance for loan losses
Individually evaluated for impairment	51		175
Collectively evaluated for impairment	864		673
Balance, end of period	915	907	848	953	1,064	1,400
Loans Receivable
Individually evaluated for impairment	1,303		1,682
Collectively evaluated for impairment	80,487		58,444
Total Loans Receivable	81,790		60,126
Commercial Portfolio Segment [Member]
Allowance for loan losses
Individually evaluated for impairment	16		28
Collectively evaluated for impairment	571		571
Balance, end of period	587	585	599	570	530	603
Loans Receivable
Individually evaluated for impairment	293		306
Collectively evaluated for impairment	43,580		41,397
Total Loans Receivable	43,873		41,703
Consumer Portfolio Segment [Member]
Allowance for loan losses
Individually evaluated for impairment
Collectively evaluated for impairment	142		205
Balance, end of period	142	$ 140	205	$ 346	$ 226	$ 407
Loans Receivable
Individually evaluated for impairment
Collectively evaluated for impairment	5,351		4,652
Total Loans Receivable	$ 5,351		$ 4,652

ALLOWANCE FOR LOAN LOSSES (De51

ALLOWANCE FOR LOAN LOSSES (Details 3) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Loans receivable, net	$ 817,034	$ 744,361
One To Four Family Residential [Member]
Loans receivable, net	290,290	276,938
Commercial Portfolio Segment [Member]
Loans receivable, net	43,873	41,703
Home Equity Line of Credit [Member]
Loans receivable, net	47,793	50,400
Residential Construction [Member]
Loans receivable, net	20,337	18,439
Other Portfolio Segment [Member]
Loans receivable, net	81,790	60,126
Commercial Real Estate Portfolio Segment [Member]
Loans receivable, net	327,600	292,103
Consumer Portfolio Segment [Member]
Loans receivable, net	5,351	4,652
Graded Loan [Member]
Loans receivable, net	601,709	524,688
Graded Loan [Member] | One To Four Family Residential [Member]
Loans receivable, net	148,199	133,827
Graded Loan [Member] | Commercial Portfolio Segment [Member]
Loans receivable, net	43,873	38,676
Graded Loan [Member] | Home Equity Line of Credit [Member]
Loans receivable, net	7,895	8,653
Graded Loan [Member] | Residential Construction [Member]
Loans receivable, net	14,188	13,863
Graded Loan [Member] | Other Portfolio Segment [Member]
Loans receivable, net	67,135	45,726
Graded Loan [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, net	320,048	283,568
Graded Loan [Member] | Consumer Portfolio Segment [Member]
Loans receivable, net	371	375
Graded Loan [Member] | Loan Grade One [Member]
Loans receivable, net	10,220	10,634
Graded Loan [Member] | Loan Grade One [Member] | One To Four Family Residential [Member]
Loans receivable, net
Graded Loan [Member] | Loan Grade One [Member] | Commercial Portfolio Segment [Member]
Loans receivable, net	1,018	431
Graded Loan [Member] | Loan Grade One [Member] | Home Equity Line of Credit [Member]
Loans receivable, net
Graded Loan [Member] | Loan Grade One [Member] | Residential Construction [Member]
Loans receivable, net
Graded Loan [Member] | Loan Grade One [Member] | Other Portfolio Segment [Member]
Loans receivable, net
Graded Loan [Member] | Loan Grade One [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, net	9,202	10,203
Graded Loan [Member] | Loan Grade One [Member] | Consumer Portfolio Segment [Member]
Loans receivable, net
Graded Loan [Member] | Loan Grade Two [Member]
Loans receivable, net	6,544	5,752
Graded Loan [Member] | Loan Grade Two [Member] | One To Four Family Residential [Member]
Loans receivable, net	1,174
Graded Loan [Member] | Loan Grade Two [Member] | Commercial Portfolio Segment [Member]
Loans receivable, net	1,206	1,465
Graded Loan [Member] | Loan Grade Two [Member] | Home Equity Line of Credit [Member]
Loans receivable, net
Graded Loan [Member] | Loan Grade Two [Member] | Residential Construction [Member]
Loans receivable, net
Graded Loan [Member] | Loan Grade Two [Member] | Other Portfolio Segment [Member]
Loans receivable, net
Graded Loan [Member] | Loan Grade Two [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, net	4,164	4,287
Graded Loan [Member] | Loan Grade Two [Member] | Consumer Portfolio Segment [Member]
Loans receivable, net
Graded Loan [Member] | Loan Grade Three [Member]
Loans receivable, net	76,080	59,968
Graded Loan [Member] | Loan Grade Three [Member] | One To Four Family Residential [Member]
Loans receivable, net	26,989	27,975
Graded Loan [Member] | Loan Grade Three [Member] | Commercial Portfolio Segment [Member]
Loans receivable, net	5,652	2,803
Graded Loan [Member] | Loan Grade Three [Member] | Home Equity Line of Credit [Member]
Loans receivable, net	2,197	1,814
Graded Loan [Member] | Loan Grade Three [Member] | Residential Construction [Member]
Loans receivable, net	496	586
Graded Loan [Member] | Loan Grade Three [Member] | Other Portfolio Segment [Member]
Loans receivable, net	1,827	2,164
Graded Loan [Member] | Loan Grade Three [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, net	38,919	24,626
Graded Loan [Member] | Loan Grade Three [Member] | Consumer Portfolio Segment [Member]
Loans receivable, net
Graded Loan [Member] | Loan Grade Four [Member]
Loans receivable, net	333,173	264,398
Graded Loan [Member] | Loan Grade Four [Member] | One To Four Family Residential [Member]
Loans receivable, net	93,206	75,246
Graded Loan [Member] | Loan Grade Four [Member] | Commercial Portfolio Segment [Member]
Loans receivable, net	21,596	21,942
Graded Loan [Member] | Loan Grade Four [Member] | Home Equity Line of Credit [Member]
Loans receivable, net	4,633	3,363
Graded Loan [Member] | Loan Grade Four [Member] | Residential Construction [Member]
Loans receivable, net	10,886	10,646
Graded Loan [Member] | Loan Grade Four [Member] | Other Portfolio Segment [Member]
Loans receivable, net	45,104	22,293
Graded Loan [Member] | Loan Grade Four [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, net	157,385	130,857
Graded Loan [Member] | Loan Grade Four [Member] | Consumer Portfolio Segment [Member]
Loans receivable, net	363	51
Graded Loan [Member] | Loan Grade Five [Member]
Loans receivable, net	154,006	157,135
Graded Loan [Member] | Loan Grade Five [Member] | One To Four Family Residential [Member]
Loans receivable, net	22,521	26,306
Graded Loan [Member] | Loan Grade Five [Member] | Commercial Portfolio Segment [Member]
Loans receivable, net	13,733	11,344
Graded Loan [Member] | Loan Grade Five [Member] | Home Equity Line of Credit [Member]
Loans receivable, net	1,065	3,476
Graded Loan [Member] | Loan Grade Five [Member] | Residential Construction [Member]
Loans receivable, net	2,806	2,347
Graded Loan [Member] | Loan Grade Five [Member] | Other Portfolio Segment [Member]
Loans receivable, net	17,681	17,930
Graded Loan [Member] | Loan Grade Five [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, net	96,192	95,408
Graded Loan [Member] | Loan Grade Five [Member] | Consumer Portfolio Segment [Member]
Loans receivable, net	8	324
Graded Loan [Member] | Loan Grade Six [Member]
Loans receivable, net	13,490	17,112
Graded Loan [Member] | Loan Grade Six [Member] | One To Four Family Residential [Member]
Loans receivable, net	2,118	2,587
Graded Loan [Member] | Loan Grade Six [Member] | Commercial Portfolio Segment [Member]
Loans receivable, net	264	270
Graded Loan [Member] | Loan Grade Six [Member] | Home Equity Line of Credit [Member]
Loans receivable, net
Graded Loan [Member] | Loan Grade Six [Member] | Residential Construction [Member]
Loans receivable, net		284
Graded Loan [Member] | Loan Grade Six [Member] | Other Portfolio Segment [Member]
Loans receivable, net	2,085	2,470
Graded Loan [Member] | Loan Grade Six [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, net	9,023	11,501
Graded Loan [Member] | Loan Grade Six [Member] | Consumer Portfolio Segment [Member]
Loans receivable, net
Graded Loan [Member] | Loan Grade Seven [Member]
Loans receivable, net	8,196	9,689
Graded Loan [Member] | Loan Grade Seven [Member] | One To Four Family Residential [Member]
Loans receivable, net	2,191	1,713
Graded Loan [Member] | Loan Grade Seven [Member] | Commercial Portfolio Segment [Member]
Loans receivable, net	404	421
Graded Loan [Member] | Loan Grade Seven [Member] | Home Equity Line of Credit [Member]
Loans receivable, net
Graded Loan [Member] | Loan Grade Seven [Member] | Residential Construction [Member]
Loans receivable, net
Graded Loan [Member] | Loan Grade Seven [Member] | Other Portfolio Segment [Member]
Loans receivable, net	438	869
Graded Loan [Member] | Loan Grade Seven [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, net	5,163	6,686
Graded Loan [Member] | Loan Grade Seven [Member] | Consumer Portfolio Segment [Member]
Loans receivable, net
UnGraded Loan [Member]
Loans receivable, net	215,325	219,673
UnGraded Loan [Member] | One To Four Family Residential [Member]
Loans receivable, net	142,091	143,111
UnGraded Loan [Member] | Commercial Portfolio Segment [Member]
Loans receivable, net		3,027
UnGraded Loan [Member] | Home Equity Line of Credit [Member]
Loans receivable, net	39,898	41,747
UnGraded Loan [Member] | Residential Construction [Member]
Loans receivable, net	6,149	4,576
UnGraded Loan [Member] | Other Portfolio Segment [Member]
Loans receivable, net	14,655	14,400
UnGraded Loan [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, net	7,552	8,535
UnGraded Loan [Member] | Consumer Portfolio Segment [Member]
Loans receivable, net	4,980	4,277
UnGraded Loan [Member] | Nonperforming Financing Receivable [Member]
Loans receivable, net	1,725	1,437
UnGraded Loan [Member] | Nonperforming Financing Receivable [Member] | One To Four Family Residential [Member]
Loans receivable, net	1,482	889
UnGraded Loan [Member] | Nonperforming Financing Receivable [Member] | Commercial Portfolio Segment [Member]
Loans receivable, net
UnGraded Loan [Member] | Nonperforming Financing Receivable [Member] | Home Equity Line of Credit [Member]
Loans receivable, net	79	250
UnGraded Loan [Member] | Nonperforming Financing Receivable [Member] | Residential Construction [Member]
Loans receivable, net
UnGraded Loan [Member] | Nonperforming Financing Receivable [Member] | Other Portfolio Segment [Member]
Loans receivable, net	117	251
UnGraded Loan [Member] | Nonperforming Financing Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, net
UnGraded Loan [Member] | Nonperforming Financing Receivable [Member] | Consumer Portfolio Segment [Member]
Loans receivable, net	47	47
UnGraded Loan [Member] | Performing Financing Receivable [Member]
Loans receivable, net	213,600	218,236
UnGraded Loan [Member] | Performing Financing Receivable [Member] | One To Four Family Residential [Member]
Loans receivable, net	140,609	142,222
UnGraded Loan [Member] | Performing Financing Receivable [Member] | Commercial Portfolio Segment [Member]
Loans receivable, net		3,027
UnGraded Loan [Member] | Performing Financing Receivable [Member] | Home Equity Line of Credit [Member]
Loans receivable, net	39,819	41,497
UnGraded Loan [Member] | Performing Financing Receivable [Member] | Residential Construction [Member]
Loans receivable, net	6,149	4,576
UnGraded Loan [Member] | Performing Financing Receivable [Member] | Other Portfolio Segment [Member]
Loans receivable, net	14,538	14,149
UnGraded Loan [Member] | Performing Financing Receivable [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans receivable, net	7,552	8,535
UnGraded Loan [Member] | Performing Financing Receivable [Member] | Consumer Portfolio Segment [Member]
Loans receivable, net	$ 4,933	$ 4,230

ALLOWANCE FOR LOAN LOSSES (De52

ALLOWANCE FOR LOAN LOSSES (Details 4) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	$ 6,460	$ 7,503
60-89 Days Past	897	2,953
90 Days and Over Past Due	2,578	3,090
Total Past Due	9,935	13,546
Current	807,099	730,815
Loans receivable, net	817,034	744,361
One To Four Family Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	2,250	4,917
60-89 Days Past	616	1,108
90 Days and Over Past Due	1,471	427
Total Past Due	4,337	6,452
Current	285,953	270,486
Loans receivable, net	290,290	276,938
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	2,596	1,382
60-89 Days Past	179	1,800
90 Days and Over Past Due	719	1,638
Total Past Due	3,494	4,820
Current	324,106	287,283
Loans receivable, net	327,600	292,103
Home Equity Line of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	889	126
60-89 Days Past	47	44
90 Days and Over Past Due	70	231
Total Past Due	1,006	401
Current	46,787	49,999
Loans receivable, net	47,793	50,400
Residential Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	283	180
60-89 Days Past
90 Days and Over Past Due
Total Past Due	283	180
Current	20,054	18,259
Loans receivable, net	20,337	18,439
Other Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	178	468
60-89 Days Past	50
90 Days and Over Past Due	126	794
Total Past Due	354	1,262
Current	81,436	58,864
Loans receivable, net	81,790	60,126
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	235	368
60-89 Days Past
90 Days and Over Past Due	150
Total Past Due	385	368
Current	43,488	41,335
Loans receivable, net	43,873	41,703
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
30-59 Days Past Due	29	62
60-89 Days Past	5	1
90 Days and Over Past Due	42
Total Past Due	76	63
Current	5,275	4,589
Loans receivable, net	$ 5,351	$ 4,652

ALLOWANCE FOR LOAN LOSSES (De53

ALLOWANCE FOR LOAN LOSSES (Details 5) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
With no allowance recorded:
Recorded Investment	$ 7,940	$ 9,135
Unpaid Principal Balance	10,302	11,672
With an allowance recorded:
Recorded Investment	3,900	4,536
Unpaid Principal Balance	3,900	4,536
Specific allowance	338	584
Total:
Recorded Investment	11,840	13,671
Unpaid Principal Balance	14,202	16,208
One To Four Family Residential [Member]
With no allowance recorded:
Recorded Investment	3,006	2,625
Unpaid Principal Balance	3,122	2,723
With an allowance recorded:
Recorded Investment	1,112	1,144
Unpaid Principal Balance	1,112	1,144
Specific allowance	206	201
Total:
Recorded Investment	4,118	3,769
Unpaid Principal Balance	4,234	3,867
Commercial Real Estate Portfolio Segment [Member]
With no allowance recorded:
Recorded Investment	4,142	5,526
Unpaid Principal Balance	6,170	7,710
With an allowance recorded:
Recorded Investment	1,671	2,075
Unpaid Principal Balance	1,671	2,075
Specific allowance	65	178
Total:
Recorded Investment	5,813	7,601
Unpaid Principal Balance	7,841	9,785
Home Equity Line of Credit [Member]
With no allowance recorded:
Recorded Investment	213	213
Unpaid Principal Balance	328	328
With an allowance recorded:
Recorded Investment	100	100
Unpaid Principal Balance	100	100
Specific allowance		2
Total:
Recorded Investment	313	313
Unpaid Principal Balance	428	428
Residential Construction [Member]
With no allowance recorded:
Recorded Investment
Unpaid Principal Balance
With an allowance recorded:
Recorded Investment
Unpaid Principal Balance
Specific allowance
Total:
Recorded Investment
Unpaid Principal Balance
Other Portfolio Segment [Member]
With no allowance recorded:
Recorded Investment	579	771
Unpaid Principal Balance	682	911
With an allowance recorded:
Recorded Investment	724	911
Unpaid Principal Balance	724	911
Specific allowance	51	175
Total:
Recorded Investment	1,303	1,682
Unpaid Principal Balance	1,406	1,822
Commercial Portfolio Segment [Member]
With no allowance recorded:
Recorded Investment
Unpaid Principal Balance
With an allowance recorded:
Recorded Investment	293	306
Unpaid Principal Balance	293	306
Specific allowance	16	28
Total:
Recorded Investment	293	306
Unpaid Principal Balance	$ 293	$ 306

ALLOWANCE FOR LOAN LOSSES (De54

ALLOWANCE FOR LOAN LOSSES (Details 6) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Financing Receivable, Impaired [Line Items]
Recorded Balance, without a valuation allowance	$ 7,940	$ 9,135
Unpaid Principal Balance, without a valuation allowance	10,302	11,672
Recorded Balance, Recorded Balance, with a valuation allowance	3,900	4,536
Unpaid Principal Balance, with a valuation allowance	3,900	4,536
Recorded Balance	11,840	13,671
Unpaid Principal Balance	14,202	16,208
Specific Allowance	338	584
One To Four Family Residential [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, without a valuation allowance	3,006	2,625
Unpaid Principal Balance, without a valuation allowance	3,122	2,723
Recorded Balance, Recorded Balance, with a valuation allowance	1,112	1,144
Unpaid Principal Balance, with a valuation allowance	1,112	1,144
Recorded Balance	4,118	3,769
Unpaid Principal Balance	4,234	3,867
Specific Allowance	206	201
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, without a valuation allowance	4,142	5,526
Unpaid Principal Balance, without a valuation allowance	6,170	7,710
Recorded Balance, Recorded Balance, with a valuation allowance	1,671	2,075
Unpaid Principal Balance, with a valuation allowance	1,671	2,075
Recorded Balance	5,813	7,601
Unpaid Principal Balance	7,841	9,785
Specific Allowance	65	178
Home Equity Line of Credit [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, without a valuation allowance	213	213
Unpaid Principal Balance, without a valuation allowance	328	328
Recorded Balance, Recorded Balance, with a valuation allowance	100	100
Unpaid Principal Balance, with a valuation allowance	100	100
Recorded Balance	313	313
Unpaid Principal Balance	428	428
Specific Allowance		2
Residential Construction [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, without a valuation allowance
Unpaid Principal Balance, without a valuation allowance
Recorded Balance, Recorded Balance, with a valuation allowance
Unpaid Principal Balance, with a valuation allowance
Recorded Balance
Unpaid Principal Balance
Specific Allowance
Other Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, without a valuation allowance	579	771
Unpaid Principal Balance, without a valuation allowance	682	911
Recorded Balance, Recorded Balance, with a valuation allowance	724	911
Unpaid Principal Balance, with a valuation allowance	724	911
Recorded Balance	1,303	1,682
Unpaid Principal Balance	1,406	1,822
Specific Allowance	51	175
Commercial Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, without a valuation allowance
Unpaid Principal Balance, without a valuation allowance
Recorded Balance, Recorded Balance, with a valuation allowance	293	306
Unpaid Principal Balance, with a valuation allowance	293	306
Recorded Balance	293	306
Unpaid Principal Balance	293	306
Specific Allowance	$ 16	$ 28

ALLOWANCE FOR LOAN LOSSES (De55

ALLOWANCE FOR LOAN LOSSES (Details 7) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Average Investment in Impaired Loans, without a valuation allowance	$ 10,302	$ 12,614	$ 10,370	$ 12,705
Interest Income Recognized, without a valuation allowance	68	61	234	183
Average Investment in Impaired Loans, Interest Income Recognized, with a valuation allowance	3,906	4,676	3,973	4,732
Interest Income Recognized, with a valuation allowance	50	51	150	154
Average Investment in Impaired Loans	14,208	17,290	14,343	17,437
Interest Income Recognized	118	112	384	337
One To Four Family Residential [Member]
Average Investment in Impaired Loans, without a valuation allowance	3,122	2,391	3,156	2,415
Interest Income Recognized, without a valuation allowance	18	23	87	70
Average Investment in Impaired Loans, Interest Income Recognized, with a valuation allowance	1,115	1,500	1,129	1,518
Interest Income Recognized, with a valuation allowance	13	17	38	51
Average Investment in Impaired Loans	4,237	3,891	4,285	3,933
Interest Income Recognized	31	40	125	121
Commercial Real Estate Portfolio Segment [Member]
Average Investment in Impaired Loans, without a valuation allowance	6,170	8,978	6,199	9,036
Interest Income Recognized, without a valuation allowance	32	29	95	86
Average Investment in Impaired Loans, Interest Income Recognized, with a valuation allowance	1,673	1,752	1,690	1,769
Interest Income Recognized, with a valuation allowance	21	20	64	60
Average Investment in Impaired Loans	7,843	10,730	7,889	10,805
Interest Income Recognized	53	49	159	146
Home Equity Line of Credit [Member]
Average Investment in Impaired Loans, without a valuation allowance	328	328	328	328
Interest Income Recognized, without a valuation allowance	13	2	37	7
Average Investment in Impaired Loans, Interest Income Recognized, with a valuation allowance	100	100	100	100
Interest Income Recognized, with a valuation allowance	2	1	4	3
Average Investment in Impaired Loans	428	428	428	428
Interest Income Recognized	15	3	41	10
Other Portfolio Segment [Member]
Average Investment in Impaired Loans, without a valuation allowance	682	917	687	926
Interest Income Recognized, without a valuation allowance	5	7	15	20
Average Investment in Impaired Loans, Interest Income Recognized, with a valuation allowance	724	1,017	753	1,032
Interest Income Recognized, with a valuation allowance	9	9	28	26
Average Investment in Impaired Loans	1,406	1,934	1,440	1,958
Interest Income Recognized	14	16	43	46
Commercial Portfolio Segment [Member]
Average Investment in Impaired Loans, Interest Income Recognized, with a valuation allowance	294	307	301	313
Interest Income Recognized, with a valuation allowance	5	4	16	14
Average Investment in Impaired Loans	294	307	301	313
Interest Income Recognized	$ 5	$ 4	$ 16	$ 14

ALLOWANCE FOR LOAN LOSSES (De56

ALLOWANCE FOR LOAN LOSSES (Details 8) - Nonperforming Financing Receivable [Member] - Loans [Member] - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Non Performing Loan Receivables and Other Assets [Line Items]
Finance receivable, non-accrual	$ 5,604	$ 6,041
One To Four Family Residential [Member]
Non Performing Loan Receivables and Other Assets [Line Items]
Finance receivable, non-accrual	2,064	1,125
Commercial Real Estate Portfolio Segment [Member]
Non Performing Loan Receivables and Other Assets [Line Items]
Finance receivable, non-accrual	2,761	3,536
Home Equity Line of Credit [Member]
Non Performing Loan Receivables and Other Assets [Line Items]
Finance receivable, non-accrual	79	250
Residential Construction [Member]
Non Performing Loan Receivables and Other Assets [Line Items]
Finance receivable, non-accrual
Other Portfolio Segment [Member]
Non Performing Loan Receivables and Other Assets [Line Items]
Finance receivable, non-accrual	503	1,042
Commercial Portfolio Segment [Member]
Non Performing Loan Receivables and Other Assets [Line Items]
Finance receivable, non-accrual	150	41
Consumer Portfolio Segment [Member]
Non Performing Loan Receivables and Other Assets [Line Items]
Finance receivable, non-accrual	$ 47	$ 47

ALLOWANCE FOR LOAN LOSSES (De57

ALLOWANCE FOR LOAN LOSSES (Details 9) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Financing Receivable, Modifications [Line Items]
TDR loans	$ 11,776	$ 12,664
Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	9,339	9,882
Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	2,437	2,782
One To Four Family Residential [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	3,686	3,770
One To Four Family Residential [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	3,107	3,560
One To Four Family Residential [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	579	210
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	5,999	6,693
Commercial Real Estate Portfolio Segment [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	4,519	4,327
Commercial Real Estate Portfolio Segment [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	1,480	2,366
Home Equity Line of Credit [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	313	313
Home Equity Line of Credit [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	313	313
Home Equity Line of Credit [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans
Other Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	1,485	1,583
Other Portfolio Segment [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	1,107	1,377
Other Portfolio Segment [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	378	206
Commercial Portfolio Segment [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	293	305
Commercial Portfolio Segment [Member] | Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans	293	305
Commercial Portfolio Segment [Member] | Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
TDR loans

GOODWILL AND OTHER INTANGIBLE58

GOODWILL AND OTHER INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2017	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Balance at beginning of period	$ 2,065	$ 711
Prior acquisitions measurement period adjustments	63
Goodwill from current year acquisitions	5,016	1,354
Balance at end of period	$ 7,144	$ 2,065

GOODWILL AND OTHER INTANGIBLE59

GOODWILL AND OTHER INTANGIBLE ASSETS (Details 2) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2017	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Gross carrying amount at beginning of period	$ 1,120	$ 590
Additions from acquisitions during the period	1,650	530
Gross balance at end of period	2,770	1,120
Accumulated amortization	(399)	(141)
Finite Lived Core Deposits Net	$ 2,371	979
Amortization expense		$ 400

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Deposits By Type [Line Items]
Balance	$ 1,004,839	$ 837,278	$ 1,004,839	$ 837,278	$ 830,013
Interest Expense	1,114	1,007	3,227	2,981	3,964
Noninterest-bearing demand [Member]
Deposits By Type [Line Items]
Balance	160,718	142,174	160,718	142,174	139,136
Interest Expense
Interest-bearing Deposits [Member]
Deposits By Type [Line Items]
Balance	179,398	115,874	179,398	115,874	122,271
Interest Expense			149	127	160
Money Market Funds [Member]
Deposits By Type [Line Items]
Balance	261,901	240,990	261,901	240,990	239,387
Interest Expense			703	548	770
Savings Deposits [Member]
Deposits By Type [Line Items]
Balance	50,827	38,476	50,827	38,476	40,014
Interest Expense			39	38	49
Time deposit [Member]
Deposits By Type [Line Items]
Balance	$ 351,995	$ 299,764	351,995	299,764	289,205
Interest Expense			$ 2,336	$ 2,268	$ 2,985

BORROWINGS (Details)

BORROWINGS (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Federal Home Loan Bank, Advances [Abstract]
2,017	$ 135,500	$ 273,500
2,018	95,000	25,000
2,019	3,000
Total	$ 233,500	$ 298,500
Federal Home Loan Bank, Advances, Weighted Average Rate [Abstract]
2,017	1.14%	0.64%
2,018	1.30%	1.17%
2,019	1.56%
Total	1.21%	0.68%

DERIVATIVE FINANCIAL INSTRUME62

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Designated as Hedging Instrument [Member]
Asset derivatives, Fair value	$ 441	$ 476
Designated as Hedging Instrument [Member] | Interest rate swaps [Member]
Asset derivatives, Fair value	441	476
Not Designated as Hedging Instrument [Member]
Asset derivatives, Fair value	72	60
Liability derivatives, Fair value	3
Not Designated as Hedging Instrument [Member] | Mortgage banking - loan commitment [Member]
Asset derivatives, Fair value	50	41
Liability derivatives, Fair value
Not Designated as Hedging Instrument [Member] | Mortgage loan forward sales commitments [Member]
Asset derivatives, Fair value	22	19
Liability derivatives, Fair value	$ 3

DERIVATIVE FINANCIAL INSTRUME63

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Details 2) $ in Thousands	9 Months Ended
	Sep. 30, 2017USD ($)
Junior Subordinated Debt [Member]
Notional Amount	$ 14
Fixed Interest Rate	0.958%
Underlying Rate	3 month LIBOR
Life of Swap Contract	4 years
FHLB Variable Rate Advance [Member]
Notional Amount	$ 15
Fixed Interest Rate	1.054%
Underlying Rate	3 month LIBOR
Life of Swap Contract	2 years
FHLB Variable Rate Advance 1 [Member]
Notional Amount	$ 21
Fixed Interest Rate	1.354%
Underlying Rate	3 month LIBOR
Life of Swap Contract	2 years

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Deferred tax assets:
Federal net operating loss	$ 6,430	$ 8,560
Allowance for loan losses	3,556	3,245
Deferred compensation and post employment benefits	3,286	3,365
State net operating loss	370	557
Valuation reserve for other real estate	486	693
Non-accrual interest	320	375
Loan basis differences	123	238
Unrealized losses on securities	702	3,079
Fixed assets	30
Deposit premium	61	155
Other	2,011	1,380
Gross deferred tax assets	17,375	21,647
Fixed assets		263
Loan servicing rights	995	962
Deferred loan costs	1,163	1,002
Prepaid expenses	53	57
Core deposit intangible	124	158
Other	562	220
Total deferred tax liabilities	2,897	2,662
Net deferred tax asset	$ 14,478	$ 18,985

INCOME TAXES (Details 2)

INCOME TAXES (Details 2) $ in Thousands	9 Months Ended
	Sep. 30, 2017USD ($)
Federal [Member]
Unused Net Operating Losses	$ 18,372
Federal [Member] | Minimum [Member]
Expiration Dates	2,031
Federal [Member] | Maximum [Member]
Expiration Dates	2,034
North Carolina [Member]
Unused Net Operating Losses	$ 20,174
North Carolina [Member] | Minimum [Member]
Expiration Dates	2,026
North Carolina [Member] | Maximum [Member]
Expiration Dates	2,027

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Earnings Per Share Details
Net income	$ 2,471	$ 1,800	$ 5,873	$ 4,024
Weighted average shares outstanding	6,458,679	6,466,375	6,460,015	6,483,535
Effect of dilutive securities
Stock options	42,973		39,165
Restricted stock units	46,878	17,851	43,081	16,663
Average shares outstanding	6,548,530	6,484,226	6,542,261	6,500,198
Earnings per share - basic	$ 0.38	$ 0.28	$ 0.91	$ 0.62
Earnings per share - diluted	0.38	0.28	$ 0.90	$ 0.62
Dilutive common stock excluded from diuted earnings per share			9,000	411,500
Weighted Average Exercise Price of stock options granted to employees	$ 21.96	$ 18.42	$ 21.96	$ 18.42

ACCUMULATED OTHER COMPREHENSI67

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Balance, beginning of period	$ (1,931)	$ 2,507	$ (5,456)	$ (1,736)
Change in deferred tax valuation allowance attributable to unrealized (gain) loss on investment securities available for sale	54	33	163	328
Change in unrealized holding gain (loss) on securities available for sale	973	(1,390)	6,404	5,115
Reclassification adjustment for net securities gains realized in net income	24	(407)	(19)	(1,105)
Reclassification adjustment for other than temporary impairment realized in net income			79
Amortization of unrealized gains and losses on securities transferred to held to maturity		324		894
Change in unrealized holding gains and losses on cash flow hedge	25	83	(43)	38
Reclassification adjustment for cash flow effectiveness	12	(12)	(8)	(12)
Income tax benefit (expense)	(372)	548	(2,375)	(1,836)
Balance, end of period	(1,239)	1,710	(1,239)	1,710
Valuation Allowance of Deferred Tax Assets [Member]
Balance, beginning of period			(202)	(579)
Change in deferred tax valuation allowance attributable to unrealized (gain) loss on investment securities available for sale			163	328
Change in unrealized holding gain (loss) on securities available for sale
Reclassification adjustment for net securities gains realized in net income
Reclassification adjustment for other than temporary impairment realized in net income
Amortization of unrealized gains and losses on securities transferred to held to maturity
Change in unrealized holding gains and losses on cash flow hedge
Reclassification adjustment for cash flow effectiveness
Income tax benefit (expense)
Balance, end of period	(39)	(251)	(39)	(251)
Available-for-sale Securities [Member]
Balance, beginning of period	(2,108)	3,030	(5,554)	(594)
Change in deferred tax valuation allowance attributable to unrealized (gain) loss on investment securities available for sale
Change in unrealized holding gain (loss) on securities available for sale	973	(1,390)	6,404	5,115
Reclassification adjustment for net securities gains realized in net income	24	(407)	(19)	(1,105)
Reclassification adjustment for other than temporary impairment realized in net income			79
Amortization of unrealized gains and losses on securities transferred to held to maturity
Change in unrealized holding gains and losses on cash flow hedge
Reclassification adjustment for cash flow effectiveness
Income tax benefit (expense)	(367)	696	(2,388)	(1,487)
Balance, end of period	(1,478)	1,929	(1,478)	1,929
Held-to-maturity Securities [Member]
Balance, beginning of period		(211)		(563)
Change in deferred tax valuation allowance attributable to unrealized (gain) loss on investment securities available for sale
Change in unrealized holding gain (loss) on securities available for sale
Reclassification adjustment for net securities gains realized in net income
Reclassification adjustment for other than temporary impairment realized in net income
Amortization of unrealized gains and losses on securities transferred to held to maturity		324		894
Change in unrealized holding gains and losses on cash flow hedge
Reclassification adjustment for cash flow effectiveness
Income tax benefit (expense)		(113)		(331)
Balance, end of period
Trading account assets [Member]
Balance, beginning of period	(93)	(284)
Change in deferred tax valuation allowance attributable to unrealized (gain) loss on investment securities available for sale	54	33
Change in unrealized holding gain (loss) on securities available for sale
Reclassification adjustment for net securities gains realized in net income
Amortization of unrealized gains and losses on securities transferred to held to maturity
Change in unrealized holding gains and losses on cash flow hedge
Reclassification adjustment for cash flow effectiveness
Income tax benefit (expense)
Balance, end of period	(39)	(251)	(39)	(251)
Cash Flow Hedge [Member]
Balance, beginning of period	270	(28)	300
Change in deferred tax valuation allowance attributable to unrealized (gain) loss on investment securities available for sale
Change in unrealized holding gain (loss) on securities available for sale
Reclassification adjustment for net securities gains realized in net income
Reclassification adjustment for other than temporary impairment realized in net income
Amortization of unrealized gains and losses on securities transferred to held to maturity
Change in unrealized holding gains and losses on cash flow hedge	25	83	(43)	38
Reclassification adjustment for cash flow effectiveness	(12)	12	8	12
Income tax benefit (expense)	(5)	(35)	13	(18)
Balance, end of period	$ 278	$ 32	$ 278	$ 32

ACCUMULATED OTHER COMPREHENSI68

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details 2) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest expense - Junior subordinated notes	$ (140)	$ (140)	$ (418)	$ (394)
Cash Flow Hedge [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest expense - FHLB advances			(28)
Interest expense - Junior subordinated notes	(12)	(12)	20	(12)
Tax effect	4	4	3	4
Impact, net of tax	(8)	(8)	(5)	(8)
Valuation Allowance of Deferred Tax [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Impact, net of tax	(54)	33	(163)	328
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Impact, net of tax	(61)	274	(206)	439
Gain on sale of investments, net [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Before tax	(24)	407	19	1,105
Interest expense - Other than temporary impairment on AFS securities			(79)
Tax effect	9	(150)	22	(408)
Impact, net of tax	(15)	257	(38)	697
Investment Income (Expense) [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Before tax		(13)		(917)
Tax effect		5		339
Impact, net of tax		$ (8)		$ (578)

COMMITMENTS AND CONTINGENCIES69

COMMITMENTS AND CONTINGENCIES (Details) $ in Thousands	Sep. 30, 2017USD ($)
Other Commitments [Line Items]
Commitments to fund lines of credit	$ 115,712
Lines of credit [Member]
Other Commitments [Line Items]
Commitments to fund lines of credit	114,872
Standby Letters of Credit [Member]
Other Commitments [Line Items]
Commitments to fund lines of credit	$ 840

COMMITMENTS AND CONTINGENCIES70

COMMITMENTS AND CONTINGENCIES (Details 2) $ in Thousands	9 Months Ended
	Sep. 30, 2017USD ($)
Fixed	$ 24,586
Variable	13,560
Total	$ 38,146
Minimum [Member]
Fixed (as a percent)	3.125%
Variable (as a percent)	3.75%
Maximum [Member]
Fixed (as a percent)	6.50%
Variable (as a percent)	7.00%

COMMITMENTS AND CONTINGENCIES71

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Mortgage Loans Sold to Federal National Mortgage Association[Member]
Loss Contingencies [Line Items]
Obligation for representations and warranties, reserve	$ 300	$ 300
Commitments to Extend Credit [Member]
Loss Contingencies [Line Items]
Allowance for unfunded commitments	$ 100	$ 100

FAIR VALUE DISCLOSURES (Details

FAIR VALUE DISCLOSURES (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	$ 410,292	$ 406,641
Liabilities measured at fair value on recurring basis	3
Trading account assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	5,840	5,211
Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	401,226	398,291
Available-for-sale Securities [Member] | US Government Corporations and Agencies Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	3,513	14,621
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	8,968	8,329
Fair Value, Inputs, Level 1 [Member] | Trading account assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	5,840	5,211
Fair Value, Inputs, Level 1 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	3,128	3,118
Fair Value, Inputs, Level 1 [Member] | Available-for-sale Securities [Member] | US Government Corporations and Agencies Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	2,510	2,514
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	397,487	393,505
Fair Value, Inputs, Level 2 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	397,046	393,029
Fair Value, Inputs, Level 2 [Member] | Available-for-sale Securities [Member] | US Government Corporations and Agencies Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	1,003	12,107
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	3,837	4,807
Liabilities measured at fair value on recurring basis	3
Fair Value, Inputs, Level 3 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	1,052	2,144
Mutual Funds [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	618	604
Mutual Funds [Member] | Fair Value, Inputs, Level 1 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	618	604
Municipal Securities [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	143,728	146,771
Municipal Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	143,728	146,771
Mortgage-backed Securities - Guaranteed [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	162,115	160,181
Mortgage-backed Securities - Guaranteed [Member] | Fair Value, Inputs, Level 2 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	162,115	160,181
Mortgage-backed Securities - Non Guaranteed [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	64,818	57,756
Mortgage-backed Securities - Non Guaranteed [Member] | Fair Value, Inputs, Level 2 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	64,818	57,756
Collateralized Loan Obligations [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	5,565
Collateralized Loan Obligations [Member] | Fair Value, Inputs, Level 2 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	5,565
Corporate Bond [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	20,869	18,358
Corporate Bond [Member] | Fair Value, Inputs, Level 2 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	19,817	16,214
Corporate Bond [Member] | Fair Value, Inputs, Level 3 [Member] | Available-for-sale Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	1,052	2,144
Loan Servicing Rights[Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	2,713	2,603
Loan Servicing Rights[Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	2,713	2,603
Derivative Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	441	476
Derivative Assets [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	441	476
Forward Sales Commitments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	22	19
Liabilities measured at fair value on recurring basis	3
Forward Sales Commitments [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	22	19
Liabilities measured at fair value on recurring basis	3
Interest Rate Lock Commitments [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	50	41
Liabilities measured at fair value on recurring basis
Interest Rate Lock Commitments [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on recurring basis	50	$ 41
Liabilities measured at fair value on recurring basis

FAIR VALUE DISCLOSURES (Detai73

FAIR VALUE DISCLOSURES (Details 2) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Fair Value Disclosures Details 2
Balance at beginning of period	$ 3,836	$ 2,510	$ 4,807	$ 2,390
Corporate bonds Fair value adjustment			(4)
Corporate bonds Transfer to Level 2			(1,086)
Corporate bonds Transfer from Level 2		2,758		2,758
Capitalization from loans sold	154	185	446	444
Fair value adjustment	(158)	(150)	(335)	(362)
Mortgage derivative gains(losses) included in other income	5	(38)	9	35
Balance at end of period	$ 3,837	$ 5,265	$ 3,837	$ 5,265

FAIR VALUE DISCLOSURES (Detai74

FAIR VALUE DISCLOSURES (Details 3) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Assets measured at fair value on nonrecurring basis	$ 12,983	$ 15,437
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Assets measured at fair value on nonrecurring basis	12,983	15,437
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member] | One To Four Family Residential [Member]
Assets measured at fair value on nonrecurring basis	2,553	2,205
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Assets measured at fair value on nonrecurring basis	4,111	6,329
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member] | Home Equity Line of Credit [Member]
Assets measured at fair value on nonrecurring basis	213	213
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member] | Other Portfolio Segment [Member]
Assets measured at fair value on nonrecurring basis	579	809
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | One To Four Family Residential [Member]
Assets measured at fair value on nonrecurring basis	2,553	2,205
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Commercial Real Estate Portfolio Segment [Member]
Assets measured at fair value on nonrecurring basis	4,111	6,329
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Home Equity Line of Credit [Member]
Assets measured at fair value on nonrecurring basis	213	213
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Other Portfolio Segment [Member]
Assets measured at fair value on nonrecurring basis	579	809
Fair Value, Measurements, Nonrecurring [Member] | Real Estate Owned [Member] | One To Four Family Residential [Member]
Assets measured at fair value on nonrecurring basis	25	1,336
Fair Value, Measurements, Nonrecurring [Member] | Real Estate Owned [Member] | Commercial Real Estate Portfolio Segment [Member]
Assets measured at fair value on nonrecurring basis	644	722
Fair Value, Measurements, Nonrecurring [Member] | Real Estate Owned [Member] | Other Portfolio Segment [Member]
Assets measured at fair value on nonrecurring basis	1,768	2,168
Fair Value, Measurements, Nonrecurring [Member] | Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member] | One To Four Family Residential [Member]
Assets measured at fair value on nonrecurring basis	25	1,336
Fair Value, Measurements, Nonrecurring [Member] | Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member] | Commercial Real Estate Portfolio Segment [Member]
Assets measured at fair value on nonrecurring basis	644	722
Fair Value, Measurements, Nonrecurring [Member] | Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member] | Other Portfolio Segment [Member]
Assets measured at fair value on nonrecurring basis	1,768	2,168
Fair Value, Measurements, Nonrecurring [Member] | SBIC Investments [Member]
Assets measured at fair value on nonrecurring basis	3,090	1,655
Fair Value, Measurements, Nonrecurring [Member] | SBIC Investments [Member] | Fair Value, Inputs, Level 3 [Member]
Assets measured at fair value on nonrecurring basis	$ 3,090	$ 1,655

FAIR VALUE DISCLOSURES (Detai75

FAIR VALUE DISCLOSURES (Details 4)	9 Months Ended
	Sep. 30, 2017
Impaired Loans [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Unobservable Input	Collateral discounts and estimated selling cost
Valuation Technique	Discounted Appraisals
Impaired Loans [Member] | Minimum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Collateral discounts and estimated selling cost	0.00%
Impaired Loans [Member] | Maximum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Collateral discounts and estimated selling cost	30.00%
Real Estate Owned [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Unobservable Input	Collateral discounts and estimated selling cost
Valuation Technique	Discounted Appraisals
Real Estate Owned [Member] | Minimum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Collateral discounts and estimated selling cost	0.00%
Real Estate Owned [Member] | Maximum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Collateral discounts and estimated selling cost	30.00%
Loan Servicing Rights[Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Valuation Technique	Discounted Cash Flows
Loan Servicing Rights[Member] | Minimum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Prepayment Speed	5.00%
Discount rate	12.00%
Loan Servicing Rights[Member] | Maximum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Prepayment Speed	35.00%
Discount rate	14.00%
Corporate Bond [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Unobservable Input	Recent trade pricing
Valuation Technique	Discounted Cash Flows
Corporate Bond [Member] | Minimum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Recent trade pricing	0.00%
Corporate Bond [Member] | Maximum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Recent trade pricing	8.00%
SBIC Investments [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Unobservable Input	Current operations and financial condition
Valuation Technique	Indicative value provided by fund
SBIC Investments [Member] | Minimum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Recent trade pricing	0.00%
SBIC Investments [Member] | Maximum [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Recent trade pricing	13.00%

FAIR VALUE DISCLOSURES (Detai76

FAIR VALUE DISCLOSURES (Details 5) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016	Dec. 31, 2015
Assets:
Cash and equivalents	$ 94,498	$ 43,294	$ 62,029	$ 40,650
Trading securities	5,840	5,211
Securities available for sale	401,226	398,291
Other investments, at cost	12,633	15,261
Interest receivable	5,436	5,012
Bank owned life insurance	31,950	31,347
Loan servicing rights	2,713	2,603
Liabilities:
Federal Home Loan Bank advances	233,500	298,500
Junior subordinated debentures	14,433	14,433
Other borrowings	8,588	2,725
Accrued interest payable	910	254
Reported Value Measurement [Member]
Assets:
Cash and equivalents	94,498	43,294
Trading securities	5,840	5,211
Securities available for sale	401,226	398,291
Loans held for sale	3,818	4,584
Loans receivable, net	817,034	744,361
Other investments, at cost	12,633	15,261
Interest receivable	5,436	5,012
Bank owned life insurance	31,950	31,347
Loan servicing rights	2,713	2,603
Derivative asset	441	476
SBIC investments	3,090	1,655
Liabilities:
Demand deposits	652,844	540,808
Time deposits	351,995	289,205
Federal Home Loan Bank advances	233,500	298,500
Junior subordinated debentures	14,433	14,433
Other borrowings	8,588	2,725
Accrued interest payable	910	254
Reported Value Measurement [Member] | Forward Sales Commitments [Member]
Assets:
Commitments	22	19
Liabilities:
Commitments	3
Reported Value Measurement [Member] | Interest Rate Lock Commitments [Member]
Assets:
Commitments	50	41
Portion at Fair Value Measurement [Member]
Assets:
Cash and equivalents	94,498	43,294
Trading securities	5,840	5,211
Securities available for sale	401,226	398,291
Loans held for sale	4,132	5,093
Loans receivable, net	809,564	741,612
Other investments, at cost	12,633	15,261
Interest receivable	5,436	5,012
Bank owned life insurance	31,950	31,347
Loan servicing rights	2,713	2,603
Derivative asset	441	476
SBIC investments	3,090	1,655
Liabilities:
Demand deposits	652,844	540,808
Time deposits	348,444	286,611
Federal Home Loan Bank advances	233,610	298,667
Junior subordinated debentures	14,433	14,433
Other borrowings	8,604	2,907
Accrued interest payable	910	254
Portion at Fair Value Measurement [Member] | Forward Sales Commitments [Member]
Assets:
Commitments	22	19
Liabilities:
Commitments	3
Portion at Fair Value Measurement [Member] | Interest Rate Lock Commitments [Member]
Assets:
Commitments	50	41
Fair Value, Inputs, Level 1 [Member] | Portion at Fair Value Measurement [Member]
Assets:
Cash and equivalents	94,498	43,294
Trading securities	5,840	5,211
Securities available for sale	3,128	3,118
Loans held for sale
Loans receivable, net
Other investments, at cost
Interest receivable
Bank owned life insurance
Loan servicing rights
Derivative asset
SBIC investments
Liabilities:
Demand deposits
Time deposits
Federal Home Loan Bank advances
Junior subordinated debentures
Other borrowings
Accrued interest payable
Fair Value, Inputs, Level 2 [Member] | Portion at Fair Value Measurement [Member]
Assets:
Cash and equivalents
Trading securities
Securities available for sale	397,046	393,029
Loans held for sale	4,132	5,093
Loans receivable, net
Other investments, at cost	12,633	15,261
Interest receivable	5,436	5,012
Bank owned life insurance	31,950	31,347
Loan servicing rights
Derivative asset	441	476
SBIC investments
Liabilities:
Demand deposits	652,844	540,808
Time deposits
Federal Home Loan Bank advances	233,610	298,667
Junior subordinated debentures	14,433	14,433
Other borrowings	8,604	2,907
Accrued interest payable	910	254
Fair Value, Inputs, Level 3 [Member] | Portion at Fair Value Measurement [Member]
Assets:
Cash and equivalents
Trading securities
Securities available for sale	1,052	2,144
Loans held for sale
Loans receivable, net	809,564	741,612
Other investments, at cost
Interest receivable
Bank owned life insurance
Loan servicing rights	2,713	2,603
Derivative asset
SBIC investments	3,090	1,655
Liabilities:
Demand deposits
Time deposits	348,444	286,611
Federal Home Loan Bank advances
Junior subordinated debentures
Other borrowings
Accrued interest payable
Fair Value, Inputs, Level 3 [Member] | Portion at Fair Value Measurement [Member] | Forward Sales Commitments [Member]
Assets:
Commitments	22	19
Liabilities:
Commitments	3
Fair Value, Inputs, Level 3 [Member] | Portion at Fair Value Measurement [Member] | Interest Rate Lock Commitments [Member]
Assets:
Commitments	$ 50	$ 41

SHARE REPURCHASES (Details)

SHARE REPURCHASES (Details) - $ / shares	1 Months Ended	9 Months Ended
	Mar. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Feb. 28, 2017	Jan. 31, 2017	Jan. 28, 2016
Share Repurchases Details
Number of Shares Authorized to be Repurchased						327,318
Number of Shares Purchased	13,000	13,000
Average Price Paid per Share	$ 23.12	$ 23.12
Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs	209,750	209,750	209,750	222,750	222,750